Peter Ndegwa, CEO of Safaricom, said the Global Partnership for Ethiopia, a consortium of telecom service providers led by Safaricom, will begin operations in Ethiopia in 2022. Mr. Ndegwa made the remark during his meeting with Ahmed Shide, Ethiopia's Minister of Finance, according to the Ministry.
Ethiopia's National Bank has announced that it is implementing a new monetary policy that will double the statutory reserve requirement, from 5 to 10 percent, effective September 11, 2021, the first day of the Ethiopian new year.
Chinese telecom giant Huawei announced winners of the Sixth Global ICT Competition in Ethiopia it funded. Conducted with the theme "Connection, Glory, Future," over a thousand participants from all over Ethiopia have taken part in the competition.
Akobo Minerals, the gold exploration company working along the Akobo river in southwestern Ethiopia has awarded the metallurgical test work contract at its Segele project to Peacocke and Simpson, the Zimbabwean mineral processing company.
Ethiopian Airlines Group and the Boeing Company have signed a strategic Memorandum of Understanding (MoU) on positioning Ethiopia as an aviation hub for Africa, Ethiopian Airlines said in a statement sent to 2merkato.com. Building on the two parties’ seventy years of shared history in aviation, the MoU aims at positioning Ethiopia as Africa’s aviation hub - “Ethiopia for Africa”, the statement read.
