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Ethiopia Considers Smart Water Mang’t

Nov 21 , 2018

The Ministry of Water, Irrigation & Electricity signed a memorandum of understanding (MoU) with Xylem, an American water technology company, for the development and implementation of innovative water solutions through smart technology. The MoU was signed by Seleshi Bekele (PhD), minister of Water, Irrigation & Electricity, and Patrick Decker, CEO of Xylem. Established in 2006 by Global Water Intelligence, Xylem is a water technology company operating in 150 countries. “As Ethiopia moves ahead with its magnificent reform effort, the United States sees a role for American companies like Xylem,” said Chris Wilken, the United States Trade Commissioner.

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Central Bank's Auction Sends Dollar Soaring to 135 Br

A dollar value against the Birr exceeds 135 during an auction the Central Bank held last week, offering 60 million dollars. Close to 27 banks made their bid where the weighted average was 135.61 Br for a dollar. The National Bank of Ethiopia (NBE) announced the results of the special foreign exchange auction, the second since monetary authorities floated the forex regime in early August last year. Last week's result reflects a weaker Birr than in the first when the average rate was 107.9 Br....

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Ethio Telecom Bids to Dominate Ethiopia's Digital Future

An array of services from digital livestock tracking, push-to-talk/video communications to cloud-based banking, an education management system (EMS), and enterprise resource Planning (ERP) are available from the state-owned Ethio telecom. Ethio telecom has introduced seven new cloud-based digital services last week at the Skylight Hotel, on Africa Avenue (Bole Road), pledging to transform business operations, financial services, and education management. The company said that these solutions...

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Addis International Convention Centre Inaugurates

The much-anticipated Addis International Convention Centre, spanning 40 hectares, was officially inaugurated last week. It is set to become the country's largest conference venue, designed to host both national and international events. The centre features two large halls, each accommodating 3,000 to 4,000 people. It also includes eight smaller meeting rooms, bringing its total capacity to 10,000 attendees. Two hotels, with a combined 1,000-bed capacity, will serve both local and internationa...

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