2merkato

Oracle has presented a varied range of high tech solutions for institutions making use of Information Technology in Ethiopia.

The company is confident that the software solutions that it offers will make its customers more competitive and effective on the market said Brook Fekadu, Managing Director of Boston Consulting, Oracle partner in Ethiopia.

Financial institutes in particular are exposed to a range of risks as they adopt modern technology such as ATM’s and electronic banking according to Brook.

Jerome Henique, the CEO of Orange Middle East and Africa, met with Eyob Tekalign, the State Minister of Finance, to discuss investment opportunities in the telecom sector and potential collaboration.

Orange Digital Ventures Africa, Orange’s venture arm, announces its latest investment as it leads pre-series A round financing of an Ethiopian startup, Gebeya (“marketplace” in Amharic).

French telecom giant Orange has declared an interest in buying a stake from the partial privatization of Ethiopia's state-owned telecom services provider Ethio Telecom.

The French telecommunications giant Orange is considering a bid for a minority stake in the Ethiopian telecom market, Bloomberg reported, since Ethiopia is inviting bidders in a move to liberalize the state-hold monopoly of the telecom industry for the over-110-million-people market.