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




Ethiopia Hosts Its First INDIA-AFRICA ICT Expo

Aug 12 , 2023


[ssba-buttons]

A two-day ICT-EXPO geared towards fostering strong business ties between India and African countries was held at Skylight Hotel, Airport Road last week. Close to 45 ICT companies hailing from India, Ethiopia and a few other African countries exhibited their products at the expo that had over 1,000 visitors. Mesenbet Shenkute, president of Addis Abeba Chamber of Commerce & Sectoral Associations (AACCSA) highlighted the capacity to attract foreign direct investment and save currency. "ICT is the order of the day," she said. The Telecom Equipment & Services Export Promotion Council (TEPC) partnered with the Department of Telecommunications of India and the Ethiopian Ministry of Innovation and Technology to organise the expo along with the Indian Embassy. Arun Gupta, Director General of TEPC, suggested that India contains all the necessary ingredients in the telecom sector to build strong relationships and create a wide-reaching telecom network. Indian Ambassador to Ethiopia Robert Shetkintong disclosed that over 300 Indian companies are investing in Ethiopia with six of them being involved in the ICT sector. Balcha Reba, director general of the Ethiopian Communications Authority, indicated that the role of international exposure and exchange of experience is paramount as the telecom sector opens to new operators.


Radar

Coffee Export Platform Links Ethiopian Roasters with Overseas Consumers

Ethiopian coffee roasters have gained a direct route to international consumers through a multi-brand e-commerce export platform launched by DHL Express Ethiopia and EXM Global PLC. The companies say it is the first platform of its kind in Ethiopia. Bringing together 10 Ethiopian coffee brands in a single digital marketplace, the platform enables overseas customers to order freshly roasted coffee in quantities ranging from speciality retail purchases to larger commercial volumes. DHL Express...


Radar

Addis Abeba Clears 59Km of Rivers, Remains Short of Halfway

Addis Abeba has completed 59Km of river cleanup and development work, although total coverage has yet to reach 50pc. Mayor Adanech Abebe said the 59Km stretch was transformed in one and a half years as she presented a comprehensive review of the city's strategic plan from 2022 to 2026. Mayor Abebe described the progress as a major "breakthrough", saying the work relied entirely on the city's funding, engineers, architects and workers. By comparison, she said, a world-renowned foreign contract...


Radar

Kisse Platform Brings Collateral-Free Microloans Through Agent Network

Mefithe Microfinance S.C., MZ Tech, and Arifpay Financial Technologies S.C. have launched “Kisse”, an agent-powered digital microloan platform designed to expand access to finance for micro and small enterprises. Through trained local agents, borrowers can apply for collateral-free, short-term business loans. Once approved, the funds are transferred to mobile wallets or bank accounts through Arifpay's payment gateway. The partners said loans can be disbursed within hours. Under the par...