2merkato

Huwaei introduced a major mobile broadband technology program in Ethiopia over the last week. The company is committed to invest in the Ethiopian communications sector and is sure that it can bring new technology to the country.

Ethiopia companies are increasingly taking advantage of the benefits associated with ICT and local organizations are working in partnership with Huawei and other technology suppliers to realize the growing use of ICT in the country.

Huawei Technologies Corp. seeks to get more business in Ethiopia and "is likely to move" its regional office from the Democratic Republic Congo (DRC) to Ethiopia, where it currently has a country office. Huawei's move is aimed at Ethiopia's economy opening up its telecommunications sector, Bloomberg reported.

Huawei plans to contribute more to information and communication technologies (ICT) capacity building in Ethiopia in 2020, CEO of Huawei Ethiopia disclosed. In doing so, China’s tech giant hopes to see a rise in number of beneficiaries.

The international Chinese footwear giant Huajian has been granted additional land for industrial investment outside the Ethiopian Capital, Addis Ababa.

The company has already launched production activity in its industrial plant found in the Chinese Eastern Industry Zone in Oromia Regional State and has been granted the new plot by the city administration of Addis Ababa.

The company has been granted 320 hectares of land from the city according to Birhanu Sirago Head of Public Relations with the Leather Industry Development Institute.

Hungary plans to open embassy in Ethiopia within the next 18 months to strengthen relations, Hungarian Foreign Minister said.