Ethiopia's First Satellite Hits the Orbits
Ethiopia launched its first satellite into space on Friday, 20th December 2019. The launch of the Ethiopian Remote Sensing Satellite took place at a space station in China, while Ethiopian and Chinese officials and scientists gathered at the Entoto Observatory and Research Center on the outskirts of Ethiopia's capital Addis Ababa, to watch a live broadcast.
Ethiopia's first smar tcard manufacturing plant, owned by the local firm Lootah Industries PLC, announced it will start operations in November 2021. The plant will produce GSM SIM cards and supply the cards to Ethio Telecom as per its agreement with the telecom company.
During its performance briefing of the 100-day performance of the second quarter of the Ethiopian fiscal year that started on July 8, Ethiopia's Ministry of Finance related that extensive efforts have been made to collect the targeted amount of revenue, and the performance has been encouraging.
