State Telco Ready to Launch 5G

May 7 , 2022

The state-owned Ethio telecom is to launch a 5G network on May 9, 2022. Executives says they have completed all necessary preparations for the launch, which has been in the making for over a year in partnership with Chinese tech giant Huawei. Ethio telecom has spent at least 41 million dollars on Huawei-powered core systems that would allow for the accommodation of 5G. The launch, which comes as the telecom monopoly prepares for its first taste of competition in the form of Safaricom Ethiopia Plc, would make Ethiopia one of only a handful of African countries to avail a 5G network. Others include South Africa and neighbouring Kenya. The state-owned operator has been expanding its 4G LTE network to urban areas outside of Addis Abeba for the past year, introducing it to 70 urban centres such as Bahir Dar, Adama, Dire Dawa, and Hawassa.



Street vendors around the Shola area take a rest in the shades of the capital's newly planted trees. Upon reporting on its 10-month performance before Parliament, the Agriculture Minister, Girma Amentie indicated that up to 43pc of the arable land in the country has been rendered acidic. This requires large amounts of limestone to be imported from abroad; the tight forex crunch has not allowed the Ministry of Finance to fund the endeavour easily. Following the rallying call of the Prime Minister...



Residents of communal houses around the Weji area hang their clothes on the fences outside. Textile manufacturing accounts for 87pc of Ethiopia's products from industrial parks. Expulsion from the African Growth & Opportunity Act (AGOA) due to the war in the North resulted in Ethiopia being expelled from the preferential trade act. Most companies choosing to rent sheds within the industrial parks do so out of a desire to access the duty-free privileges provided for African countries. Ethiopi...



Vendors put traditional beauty products from the Somali Regional State for sale around Mexico area. In November of last year, the Ministry of Finance banned imported goods under 38 categories, including cosmetics, packed foods, and furniture, from accessing letters of credit. The move resulted in the tripling of costs for cosmetic items like lipstick and nail polish. As Ethiopia ran a 14 billion dollar merchandise trade deficit last year due to import bills hiking by 26pc , a tight clampdown on...