Technology Archives - Page 12 of 12

04 Apr

Ethiopian students will compete at global ICT competition

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, China, EthioNegari, Ethiopia, Huawei, ICT, Ictcompetion

The 2022–2023 Huawei ICT Competition, which is a competitive ICT talent exchange event for university students, launched on November 11, 2022, for the 7th round in Ethiopia. More than 1500 students from Ethiopian higher institutions registered and took the online preliminary exam. Among them 63 of the students were able to attend the national ICT competition, which was held in Addis Ababa, Ethiopia, on last December. A total of 15 students who aced the national exam competed in the regional finals in countries including Egypt, Morocco, Algeria, Tunisia, Cameron, Congo, and others in Africa. These 15 students convened on March…

03 Apr

Eritrean army generals visits Ethiopia

ethionegari@gmail.com0 CommentsBusiness, Fact check, News, Politics, TechnologyAddisAbaba, AI, Eritrea, Eritreatroops, EthioNegari, Ethiopia

Generals and senior officers of the Eritrean Defense Forces visited Ethiopia. Eritrean military delegation visited the Ethiopian Artificial Intelligence Institute, the capacity of the artificial intelligence technology infrastructure and the ongoing research and development activities in Addis Ababa. The Director General of the Ethiopian Artificial Intelligence Institute, Worku Gachna, the institute announced that they gave a briefing to the team members about the technological works being carried out by the institute. General Abraha Kasa, coordinator of the Eritrean army generals and senior military leaders group, said that, their visit to the institute gave them a lot of experience for their…

31 Mar

Huawei earns more than $5 billion net profit in 2022

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, Annualprofit, China, EthioNegari, Ethiopia, Huawei, Netprofit, Technology

One of the world telecom company, Huawei rose its total assets to $145 billion. Huawei released its 2022 Annual Report form it's headquarter Shenzhen, China. The company reports steady operations throughout 2022, having generated $93 billion in revenue and $5.2 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of $23 billion in 2022, representing 25.1% of the company's annual revenue and bringing its total R&D expenditure over the past 10 years. "In 2022, a challenging external environment and non-market factors continued to take a toll on Huawei's operations", said Eric Xu, Huawei's Rotating…

27 Mar

Huawei calls for a ‘non-stop’ digital banking in Africa

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, Banking, EthioNegari, Ethiopia, Huawei, Safaricom

Huawei announced its ‘Non-Stop Banking’ initiative and unveiled it at the Huawei Intelligent Finance Summit for Africa 2023. The initiative calls for hand-in-hand collaboration between the ICT and banking industries and facilitate a digital future of ‘non-stop’ services, ‘non-stop’ development, and ‘non-stop’ innovation. Leo Chen, president of Huawei Sub-Saharan Africa Region spoke about why going digital has become such a major imperative for the banking industry. Not only does it make it easier for banks to broaden their customer base, he said. In Africa, he added, there’s an even greater imperative for banks to embrace digitization, as it allows for…

24 Mar

Ethiopia grants mobile money license to Safaricom

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, EthioNegari, Ethiopia, EthioTelecom, Kenya, Mobilemoney, Moneytransfer, Mpesa, Nationalbankofethiopia, Safaricom, Safaricomethiopia, Telecom

National bank of Ethiopia grants mobile money license to Safaricom National Bank has announced that it will soon give license for mobile money transfer to Safaricom The National Bank has stated that Safaricom Ethiopia, which has obtained the first private telecom service license in Ethiopia, will soon be granted a license to provide mobile money transfer services. National Bank Governor Mr. Mamo Mehretu said that the government is taking various measures to modernize and strengthen the financial sector. He also mentioned that non-banking telecommunication companies, fintech and payment agents have been invited to participate in the payment service sector. Mr.…

23 Mar

Ethio Telecom anounces Tele birr SuperApp service

ethionegari@gmail.com0 CommentsBusiness, News, TechnologyAddisAbaba, EthioNegari, Ethiopia, EthioTelecom, Safaricom, telebirr, Telebirrsuperapp, Telecom

Ethio Telecom has upgraded the "Tele Birr" application, to tele birr superapp which is previously provided various services. This customer service, announced today, will enable the provision of three more services than were previously available. The new services include scheduled payments, sending money to groups and playing games of chance. The institution announced that the scheduled payment service allows customers to plan in advance to send money and airtime as well as pay monthly service fees on the same day. The second and additional service of Tele Birr will allow sending to more than one recipient at once according to…

12 Mar

Ethiopia lost $146 million because of internet blockades

ethionegari@gmail.com0 CommentsBusiness, News, Politics, TechnologyAccesstointernet, AddisAbaba, EthioNegari, Ethiopia, Internet, InternetBlockade, Socialmedia

By Samuel Abate Ethiopia lost $146 million because of internet blockades Ethiopia lost 146 million dollars due to the interruption of internet service According to the Top 10 VPN technology company, the country lost 146 million dollars due to the shutdown of internet services for a whole year following the war in Tigray region. Still, the country is losing millions of dollars due to internet outages, the company said. It's been a month since the internet was shut down and the government has yet to say anything about it. The Ethiopian Human Rights Commission, the Ethiopian Media Council and other…