2merkato

Visa, a leading global provider of digital payment solutions, has joined forces with Enkopa Summit as the Platinum Sponsor for its annual event, scheduled to take place on October 12-13, 2023, at the Science Museum in Addis Ababa, Ethiopia.

The Ethiopian Communications Authority (ECA) revealed that it would issue a second telecommunications license by the end of 2023. The entire licensing process could take two to three months allowing the third license to be issued in either November or December 2023.

The next "India-Africa ICT Expo" set to take place in Addis Abeba, Ethiopia on August 9–10, 2023, was discussed during a meeting between the Director General of Telecom Equipment and Services Export Promotion Council (TEPC) and the Ethiopian Ambassador to India, Demeke Atnafu.

Ethio Telecom has revealed its three-year growth plan, which includes the annual business plan for the 2023/24 fiscal year. It plans to offer local and international products and services to the market, expand telebirr's access, service types, and partner network, enhance service delivery, and increase customer satisfaction, retention, and loyalty.

Ethio telecom's Mobile Money business, Telebirr, had 34.3 million subscribers and a total transaction value of Birr 679.2 billion in the 2022/23 fiscal year. The company generated a total revenue of Birr 75.8 billion, achieving 101% of its target. The total number of subscribers reached 72 million, an increase of 8% from the previous year. Mobile voice subscribers were 69.5 million, data and internet users were 33.9 million, and fixed broadband subscribers were 618.3K.

Viditure Technology Solution PLC announced that it was set to launch its all-new digital/E-signature application, Weleta. Weleta, which will be the first digital signature technology in Ethiopia, is expected to replace wet signatures with electronic ones.

Ethio Telecom, Techno Mobile, and Transsion Manufacturing Company have entered into a strategic partnership to provide smartphones in Ethiopia. The partnership aims to increase smartphone penetration, promote affordability, and bridge the digital divide in the country.

Ethio Telecom and the Oromia Regional State’s Revenues Bureau have signed an agreement to implement a digital tax payment system through the Telebirr platform. This new system will replace the manual tax collection system, which has been causing unnecessary time and resource wastage for taxpayers.

BIO-key International, a provider of identity and access management (IAM) solutions, has partnered with Savvy Information Technology to offer its solutions to customers in Ethiopia.

The International Finance Cooperation (IFC) and Multilateral Investment Guarantee Agency (MIGA), which are members of the World Bank Group, have announced an investment in Safaricom Ethiopia's greenfield telecommunications network across Ethiopia. The investment includes an equity investment, a loan, and guarantees to support the ongoing construction and operation of the network.