2merkato

TECNO Mobile, a leading mobile device manufacturer, held a high-profile exclusive event at the Addis Ababa Science Museum to unveil its latest and revolutionary cellphone mode, the Phantom V Fold ahead of its availability for Ethiopian cellphone consumers. The event marks a significant milestone for the company, as it brings its innovative new product to one of Africa's fastest-growing economies with a population of over 110 million people and home to a rapidly-growing consumer base, hungry for the latest mobile technology.

Telecom operators operating all over Africa, such as MTN, Orange and Vodacom are now eager to enter the Ethiopian telecom market, TMT Finance reports.

TeleTv, a newly launched entertainment platform, has contributed USD 25 million to the Ethiopian economy within its first four months of operation, according to Besufekad Getachew, Founder and CEO of Eaglelion.

Tendaho Sugar Factory is set to commence production January 2014, Walta Information Center reported citing the Ethiopian Sugar Corporation.

About 85 percent of construction of the first phase of the factory has been completed, Corporation’s Communication Director, Zemedkun Tekle, told Walta today.

Tendaho Sugar Factory would begin test production in five months, according to the Ethiopian Sugar Corporation.

Tendaho Sugar Factory, designed to produce over 619 thousand tons of sugar annually on 50 thousand hectares of land is under construction in Afar Regional State of Ethiopia.