FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




INSA Unveils New Data Center to Bolster Cybersecurity

Sep 1 , 2024


[ssba-buttons]

The Information Network Security Agency (INSA) has introduced a new data centre that will provide digital certificates for national institutions and private companies, ensuring data confidentiality, integrity, authenticity, and non-repudiation. The digital certificate authority (CA) will serve as a trusted third party, verifying the identity of individuals and organisations involved in digital transactions. This will help prevent fraud, unauthorised access, and other cyber threats. Authorities aspire to leverage the public key infrastructure (PKI) data centre to other African countries and generate foreign currency. INSA will act as the Root CA, a fundamental component of PKI system. According to Tigist Hamid, director of INSA, this will enable security and intelligence institutions, e-commerce companies, and those using e-government services to exchange information securely while maintaining data sovereignty. Tigist said the PKI system was designed, implemented, and deployed leveraging expertise, strengthening its digital infrastructure and promoting innovation. Prime Minister Abiy Ahmed (PhD) has launched the PKI on Saturday, August 31, 2024. He said securing virtual data complements the task of protecting national sovereignty and facilitating reliable and secure digital data exchange.


Radar

Creditors Open Way for Ethiopia's Eurobond Restructuring

Ethiopia has cleared a key hurdle in restructuring its one billion dollar Eurobond after the Official Creditor Committee (OCC) approved the latest agreement with private bondholders. The OCC said the deal meets its “comparability of treatment” principle, allowing the government to proceed with restructuring the bond, which matured in 2024. The approval follows renewed negotiations after official creditors rejected an earlier agreement reached in January. Under the new agreement, reache...


Radar

University Cutoff Leaves Most Exam Takers Behind

Only 70,544 students, or 12.8pc of those who sat the Ethiopian Secondary School Leaving Certificate Examination (ESSLCE), scored above the 50pc threshold required for university admission. Education Minister Berhanu Nega (Prof.) disclosed the results during a press briefing last Saturday. Nearly 32pc of the successful candidates were from Addis Abeba, giving the city the highest share. Oromia Regional State followed, while Amhara Regional State accounted for the remaining share. The res...


Radar

Dairy Drive Turns to Farmers to Cut Import Reliance

A five-year dairy project targeting 350,000 farmers has increased average milk production per cow by 3.8 litres a day, supporting Ethiopia's effort to replace imported dairy products with domestic output. The Ministry of Agriculture leads the initiative in collaboration with SNV's BRIDGE Plus project. It combines cow-focused advisory services, technology, market links and farmer capacity-building to raise dairy productivity. The work has centred on helping farmers produce surplus milk for sal...