Institutes Call for Broadband Development

Jan 16 , 2024


A spotlight was put on expanding broadband infrastructure and optical fibre that connects directly to residences during a discussion between executives from Ethio telecom, the Ministry of Urban & Infrastructure and Huawei Ethiopia last week. State Minister Fenta Dejen said the initiative is positioned as a key strategy for advancing urban areas in line with ongoing efforts to digitise services. Ethiopia's internet penetration rate stood at 16.7pc at the start of 2023, indicating that internet users have shown a 2.6pc increase from the previous year. Tewodros Hailemeskel, chief technology officer at Ethio telecom, underscored the intensive need to improve broadband infrastructure and meet the growing demand for fast and reliable connectivity.


Radar

Dashen Bank Rolls Out Mobile Payment Solution

Dashen Bank has introduced a new digital payment service that allows customers to pay for fuel with ease using the Dashen Super mobile app. The service was officially launched on May 13 and is now available at every fuel stations. According to the bank, the Dashen Super app enables users to make payments in just three clicks, offering a fast and convenient alternative to traditional payment methods. Dashen Bank announced that it plans to expand the service across all fuel stations in the coun...


Radar

Four Key Agreements Passed in Parliaments 29th Regular Session

In its 29th regular session of the fourth year, Ethiopia's 6th Parliament approved four key agreements: two loan deals, the establishment of a finance corporation, and an air transport agreement. Assistant Minister of State for Finance, Meseret Haile, introduced the proposed loan agreements and requested they be sent directly to a second reading for discussion and approval. Parliament accepted the request and proceeded with a detailed discussion on the draft proclamations. Members of Parli...


Radar

New Pact Targets Rural Road Links, Food Security Goals

The Ministry of Urban Development and Infrastructure has signed an agreement with several federal institutions to launch a major project targeting rural connectivity and food security. At the signing ceremony, State Minister Yetmegeta Asrat represented the Ministry alongside officials from the Federal Ethics and Anti-Corruption Commission, the Federal Public Procurement and Property Authority, the Environmental Protection Authority, and Helvetas Ethiopia. A separate agreement was also signed...