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Ethiopia: Royality Fees for Art Works Discussed Among MPs

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Category: Latest Business Alerts

House of Peoples’ Representatives (HPR) started reviewing the current intellectual property rights regime and the draft bill meant to amend it.

Last Updated on 27 October 2014
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Ethiopia: Russia Pledges to Increase Economic Ties with Africa

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Category: Latest Business Alerts

Russia Africa Summit 1212121.webp

Russian President Vladimir Putin pledged to increase trade, economic, and humanitarian ties between Russia and Africa during his speech at the second Russia-Africa Summit in Saint Petersburg. He stressed Russia's commitment to cement cooperation with African countries in the areas of energy, mining, infrastructure, education, health, and ICT sectors.

Last Updated on 27 July 2023
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Ethiopia: Safaricom Signs an MoU with IPDC

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Category: Latest Business Alerts

IPDC SafaricomIndustrial Parks Development Corporation announced that it inked a memorandum of understanding with Safaricom Ethiopia to work together across industrial parks. Based on the agreement, the telecommunications company will lease 10 square meters of land in the Ethiopian Information Communication Technology (ICT) Park and invest USD 60 million. Safaricom will build a data center in the park and create jobs for 56 individuals.

The data center will mainly give services to Safaricom. Sandukan Abebe, CEO of IPDC, related that the agreement will contribute to Ethiopia’s digitalization plan.

Last Updated on 15 September 2022
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Ethiopia: Safaricom Starts Customer Network Service Trials in Dire Dawa

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Category: Latest Business Alerts

Safaricom Telecommunications Ethiopia started a series of customer network service trials in Dire Dawa on 2G, 3G, and 4G networks. Customers are advised that they are now able to purchase Safaricom Ethiopia’s SIM cards after choosing their phone numbers from the Safaricom line which starts with 07.

Last Updated on 29 August 2022
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Ethiopia: Safaricom’s M-PESA Starts Operation

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Category: Banking and Finance

M-Pesa 2

Safaricom Ethiopia officially launched its M-PESA mobile financial services today following the receipt of a Payment Instrument Issuer License from the National Bank of Ethiopia three months ago.

Last Updated on 16 August 2023
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