Residents in Adama Get 5G Network

Nov 5 , 2022


[ssba-buttons]

Adama (Nazareth) town residents, 99km east of the capital, will receive faster Internet connection. Ethio telecom, the state-owned enterprise, launched a 5G networking service last week. Executives say they have achieved close to 97pc of coverage across the country, expanding earlier generation networks (3G and 4G), improving the network and upgrading earlier technologies. Adama is growing to be one of the industrial hubs primarily for textile and leather manufacturing. Over 80pc of digitizing the town will be accomplished by the end of the year. Making Adama a smart city is one of the projects incepted by the town's administration. The Engineering Corporation of Oromia has developed the design, which will be erected on 175hct of land, and incorporates healthcare facilities, smart mobility, and e-service providing government offices. The government is committed to developing 47pc of the plot, with private investors taking the rest. The 5G launch is part of the strategy toward making Adama a smart city. It will also facilitate e-government services provided by the town's administration. Ethio telecom has been testing the system after launching the 5G service in Addis Abeba over the past months. The network in Adama was launched in selected areas, such as the Adama Science & Technology University and hotels. Frehiwot Tameru, CEO of Ethio telecom, accompanied the town's Mayor, Hailu Jelil, and the University's President, Lemi Guta. The network reached up to 10Gb, enabling up to one million connections within one square kilometre. It is also hoped to help industries, facilitating real-time access to manufacturing plants, remote healthcare services and agriculture. Ethio telecom is working on expanding the services to 150 regional towns over the coming months.


Radar

Ethiopia, IFAD Sign 69.2m Dollar Deal to Promote Lowland Resilience

The Ethiopian Government and the International Fund for Agricultural Development (IFAD) have signed a 69.2 million dollar grant agreement to implement Phase II of the Lowland Livelihoods Resilience Project (LLRP II). The grant agreement was signed by Finance Minister Ahmed Shide and IFAD President Alvaro Lario. The project targets climate resilience and improved livelihoods for three million people in pastoral and agro-pastoral communities. Co-financed by the World Bank, LLRP II covers eight reg...


Radar

NBE Expands Diaspora Warning Over Unlicensed Remittance Firms

The National Bank of Ethiopia (NBE) has issued an expanded public warning targeting unlicensed remittance operators abroad, flagging four U.S.-based companies it says are undermining Ethiopia's financial regulations. The warning includes newly disclosed findings and specific cases that underscore growing concerns about illicit cross-border financial activity. Remittance flows remain a vital lifeline for Ethiopia's economy, supporting households and supplying critical foreign currency. But as...


Radar

Stricter Standards Unveiled for Public Auditors, Accounting Firms

The Accounting & Auditing Board of Ethiopia (AABE) has issued a new directive aimed at strengthening oversight and professional standards in the accounting and auditing sector. Grounded in the Financial Reporting Proclamation, the directive addresses long-standing regulatory gaps while preparing the sector for the country's emerging capital market. Key provisions introduce stricter licensing standards for public auditors, professionals permitted to audit public interest entities. Applican...