Ethio Telecom Plans 4G Expansion In The Capital and Roll out in Regional Towns
As Ethio-telecom announces a three-year strategy, one-year annual business plan, new, and revamped local and international product and services offers, it offered it’s customers major discounts on its different services alongside three days thank you package offers.
4G/LTE advanced network capacity expansion Addis Ababa and 4G/LTE rollout in regional towns, upgrading the international gateway capacity, Increase total subscribers by 13% to 51.12 M, and Data and Internet users by 16.5% to 27.47M are part of the 2013 ( July 2020 – June 2021 ) fiscal year plan.
As the sector is expecting an introduction of competitors, the management of the company reshaping and trying to lead the company with business orientation and a competitive mindset with the ultimate aim of making Ethio Telecom a preferred operator. Read Ethio Telecom Press Release.
Ethiopia To Enact A Startup Act
The Ethiopian draft Startup Act (Start-up Businesses Proclamation) that introduce various interventions that are specifically targeted to solve the major issues startups and ecosystem players have been facing is on draft.
A proclamation named as “ Start-up Businesses Proclamation” by the Ministry of Innovation and Technology together with the Job Creation Commission and other players introduces various initiatives including National Startup Council, National Fund, Pre-registration certificate, various incentives for startups, investors, and ecosystem builders. Read More
ICT Association is looking to compile and send feedback/comments to MiNT regarding the Startup Bussiness Proclamation. Send your comments to info@ictet.org by September 4, 2020. Make sure to copy your feedback to Dr. Mandefro Eshete from MINT at drmande12@gmail.com . You can find the draft Proclamation here.
GreenPath Launches A New Herbal Tea Brand
GreenPath Food, an Ethiopian horticulture start-up, that supplies premium quality organic certified fruit and vegetables launched a new Tea herbal brand called Kib. Kib, a brand that is launched with the Idea of what grows around and comes around is produced with an approach called circular system.
GreenPath that uses the regenerative and premature methods, with production led by smallholder growers. Green Path is one of the well funded and VC backed startup in Ethiopia.
A New shopping Platform Joins the Ethiopian market
Addisber is an online shopping portal that presents with its own dispatch center and the central warehouse joins the e-commerce market in Ethiopia.
Addisber customers can pay through Yenepay, Amole, CBE Birr, Hello Cash, and M-birr, as well us to Visa cards and Master. Addisber also serves those living abroad, who want to send items and daily needs to their family in Ethiopia. Read more
New Regulation To Govern Drones in Ethiopia
Ethiopian Civil aviation authority (ECAA) collaborated with INSA (Information Network Security Agency) enacted a drone regulation that enables it to regulate the import and operation of drones in Ethiopia. The regulation will allow ECAA to license drone importers, operators, and assemblers operating in the country according to The Reporter.
There has been the adoption of drones for various purposes across the country but there hasn’t been a legal framework for the government to manage the import and operation of drones. Current drone owners will need to get clearance from the authority accordingly. Read more.
Ethiopian On Shine
Rediet Abebe who works as an assistant Computer Science professor at the University of California at Berkeley wins the Doctoral Dissertation Award from ACM SIGKDD, the world’s largest computing organization for her PhD thesis in “Designing Algorithms for Social Good”. The Ethiopian scientist who completed her high school and elementary in Addis Ababa Ethiopia, went to the US to study her Bachelor’s Degree from Harvard University, in Mathematics and later MSC in Applied Mathematics. Read More
Opportunity Alert
The Entrepreneurship Development Centre (EDC Newest incubation program is getting started. A grant fund, training, mentorship, workspace, and access to finance facilities are the major merits of this program. Apply Here.
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+ Quarterly Macro Review–Second Quarter 2020 by Cepheus Capital
