Ethio telecom Introduces Alternate WiFi Service

Mar 26 , 2022

The state-owned Ethio telecom has introduced a 4G wireless broadband internet service dubbed "WTTX". It enables the use of 4G-enabled SIM cards. The new product, supplied by Chinese tach giant Huawei, comes as the state-owned giant prepares for competition in the form of Safaricom Ethiopia Plc, which is scheduled to launch commercial operations next month. The 4G home wireless broadband internet service utilizes the existing 4G LTE mobile network as a fixed broadband internet service option to give customers an alternative to the wired broadband connection. It is expected to benefit users in areas where broadband internet infrastructure is not yet deployed. The service was announced last week when Ethio telecom inaugurated 24 premium service branches in the capital and regional towns. Last month, the company introduced a platform that digitises traffic penalty payments through its mobile money service, Telebirr.


ZamZam Bank Joins Commodity Exchange Payment System

The pioneering full-fledged interest-free commercial bank, ZamZam Bank, has become the 24th financial institution to join the Ethiopian Commodity Exchange's (ECX) payment system. CEO of the Exchange Wendemagegnehu Negera signed the deal with the President of the Bank Melika Bedri last week. According to the CEO, joining the platform which has around 11,000 accounts registered and has transacted over 386 billion Br so far, will allow a reliable mechanism whereby traders can be certain that pay...


AfDB, ADF to Chart Transformation Path at Diamond Jubilee

The African Development Bank (AfDB) and the African Development Fund (ADF) are gearing up for a major joint meeting in Nairobi, Kenya, expected to draw around 4,000 participants. The event, taking place at the Kenyatta International Conference Centre in late May, will focus on "Africa's Transformation," a theme reflecting the continent's ongoing pursuit of economic and social development. "Despite progress over the years, Africa's transformation remains incomplete," said Vincent O. Nmehielle...


Big Art Sale Returns to Addis

The annual Big Art Sale returns to Addis Abeba this weekend. Over 100 artists are expected to showcase their original works and prints at the Hilton Addis. What's Out Addis in partnership with the Hilton Hotel is behind the event that showcases the works of over 100 artists. Big Art Sale has been around for the past 18 years showcasing paints and prints. According to organisers, it offers a chance to meet the artists and enjoy a variety of art forms with a dedicated Kids' Corner and food and...