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Mobile Communications Market in Ethiopia & DRC Expected to Expand

Published: Jul 25, 2014 by bgt Filed under: Ethiopian News Tech & Science
Mobile Communications Market in Ethiopia & DRC Expected to Expand

A report by Frost & Sullivan has predicted the underdeveloped mobile communications markets of the Democratic Republic of Congo (DRC) and Ethiopia are set to expand substantially in the next three to five years, mainly due to growing infrastructural investment.

According to the company’s “Africa Mobile Communications Outlook on the Democratic Republic of Congo and Ethiopia”, the two markets earned revenues of US$1.78 billion in 2013, which is expected to reach US$3.27 billion by 2018.

“While voice is still by far the dominant contributor to service revenue, data services and mobile money solutions are expected to fuel growth in the long term,” said Frost & Sullivan Information and Communication Technologies Research Analyst Lehlohonolo Mokenela.

“Data revenue will be driven by the increasing number of low-cost mobile devices in the market and the growing popularity of social media platforms. On the other hand, mobile money will grow in prominence as the number of Ethiopia and DRC’s unbanked populations have prompted their respective governments to place financial inclusion at the forefront of their socio-economic plans.”

Mokenela said mobile operators will need to consider more cost-effective network expansion strategies in the DRC in order to grow their customer base, especially in rural areas.

DNV GL passes Ethiopia turbines

Published: Jul 25, 2014 by bgt Filed under: Ethiopian News Tech & Science
DNV GL passes Ethiopia turbines

Certification group DNV GL has run the rule over the Vergnet wind turbines being used at the Ashegoda plant in Ethiopia.

DNV GL said the 1MW, twin-bladed turbines from the French manufacturer conform to its A-Design Assessment.

The assessment came after DNV GL helped with considerable “organisational and technical challenges” at the 120MW wind farm, which sits up to 2.5km above sea level.

“Ethiopia has basic infrastructures with a national electrical grid that is still in build-up phase [and] Ashegoda is situated in complex terrain,” said Vergnet.

The wind farm will help mitigate power outages in Ethiopia, which DNV GL said has some of the best wind resources in the world and a national plan to develop 7GW by 2030.

Source: rechargenews.com

Dr. Tewodros Invites Bill Gates to Invest in Ethiopia

Published: Jul 25, 2014 by bgt Filed under: Ethiopian News Business Economy
Dr. Tewodros Invites Bill Gates to Invest in Ethiopia

Foreign Affairs Minister Dr. Tewodros Adhanom called on Bill Gates, the richest person in the world, to engage in agriculture and other investment sectors in Ethiopia.
 
During the talks he held with Bill Gates in his office on Thursday, July 24, 2014, Dr. Tewodros invited the American tycoon to engage in agriculture and other investment sectors which ensure the sustainable development of the country, in addition to his contribution to the health sector.

The minister appreciated the contribution of Bill Gates to the health sector in Ethiopia.Bill Gates on his part said his foundation would further consolidate its partnership with Ethiopia.

He also pointed out the encouraging growth of the country and discussed his visit to health institutions and cultural sites of Ethiopia.
The encouraging growth in Ethiopia, according to Gates, is exemplary to other African countries

Source:ENA


Arab League Encouraging Arab Countries to Strengthen Ties With Ethiopia

Published: Jul 25, 2014 by bgt Filed under: Ethiopian News Politics

Arab League Encouraging Arab Countries to Strengthen Ties With Ethiopia

Ambasssador Saleh Sahabun, Arab League Ambassador to Ethiopia and the African Union, disclosed that the organization is striving to encourage Arab countries to strengthen ties with Ethiopia. As part of this effort, he said, preparations were underway to celebrate an 'Arab Week' in the near future in a bid to further consolidate relations in social and cultural areas.

Ambassador Sahabun said that as Ethiopia was the seat of the African Union and United Nations Economic Commission, many Arab countries were working to promote their ties with Ethiopia in economic, political and social cooperation. He noted the fact that 16 Arab countries had opened embassies in Ethiopia as a manifestation of their desire to consolidate their bilateral ties.

He added that the stability and ample investment opportunities in Ethiopia had given impetus to the desire to strengthen the relationship. He said Ethiopia's impressive economic growth could as a model to many Arab and African countries. This, he said, was evident in the massive investment being undertaken by investors from Sudan, Saudi Arabia, United Arab Emirates and other countries.

Ambassador Sahabun also welcomed the decision by the new leadership in Egypt's decision to continue with the tripartite dialogue to resolve issues over the construction of the Grand Ethiopian Renaissance Dam. He said the Arab League appreciated Ethiopia's role in combating terrorism and pacifying the region and it wanted to work closely in economic, political and social issues. The Arab League opened an office in Addis Ababa in 1968.

Source: Ethiopian Government

Addis Zema launched a book collection campaign for donation

Published: Jul 25, 2014 by bgt Filed under: Ethiopian News Education Social News
Addis Zema launched a book collection campaign for donation

Addis Zema, a radio program that has been on air for about fourteen years on FM 97.1 has announced the launching of its book collection campaign for donation.

As the press release from the radio program indicates, the books that will be collected will be donated to various public libraries, reading and literary clubs across the country and in the universities.

The book collection session which has started two weeks ago will continue till the eve of the coming Ethiopian New Year on September 10, 2014.

Everyone is invited to contribute his share. Contact address: 0913 900190

Girum Tebeje of DireTube

The World Bank is wrong on Ethiopia: PM

Published: Jul 25, 2014 by bini Filed under: Ethiopian News Business

The World Bank is 'wrong' on Ethiopia: PM

Ethiopian Prime Minister Hailemariam Desalegn, says the World Bank's negative view of the country's economy is wrong and says local businesses are competitive.



Source: CNBC


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