INSA Unveils New Data Center to Bolster Cybersecurity

Sep 1 , 2024


The Information Network Security Agency (INSA) has introduced a new data centre that will provide digital certificates for national institutions and private companies, ensuring data confidentiality, integrity, authenticity, and non-repudiation. The digital certificate authority (CA) will serve as a trusted third party, verifying the identity of individuals and organisations involved in digital transactions. This will help prevent fraud, unauthorised access, and other cyber threats. Authorities aspire to leverage the public key infrastructure (PKI) data centre to other African countries and generate foreign currency. INSA will act as the Root CA, a fundamental component of PKI system. According to Tigist Hamid, director of INSA, this will enable security and intelligence institutions, e-commerce companies, and those using e-government services to exchange information securely while maintaining data sovereignty. Tigist said the PKI system was designed, implemented, and deployed leveraging expertise, strengthening its digital infrastructure and promoting innovation. Prime Minister Abiy Ahmed (PhD) has launched the PKI on Saturday, August 31, 2024. He said securing virtual data complements the task of protecting national sovereignty and facilitating reliable and secure digital data exchange.


Radar

Tech Ministry Falters as Audits Expose Mismanagement, Unmet Ambitions

The Ministry of Innovation & Technology is under scrutiny after an audit revealed lapses in project management and financial oversight. This raised questions about governance standards within a Ministry central to the country's tech-driven growth ambitions. According to the Federal Auditor General, the Ministry has completed only 11pc of its planned projects with its overall financial administration standing at 37.4pc for a year-long project that commenced in 2022. Budget mismanagement an...


Radar

Central Bank Keeps Lending Lid Tight as Inflation Squeezes Economy

The Central Bank has reaffirmed its decision to maintain an 18pc cap on credit growth, reinforcing a commitment to tighter monetary policy during persistent inflation and economic uncertainty. The National Bank of Ethiopia's (NBE) monetary policy committee cited ongoing concerns over inflation, which stood at 19.9pc year-on-year (YoY), and liquidity imbalances as reasons to uphold the restriction on lending. Bankers and analysts interpret this move as evidence of regulators' determination to...


Radar

Ethio Telecom Expands Services with DStv Streaming

Ethio telecom enters the entertainment pool with bundled DStv streaming services through high-speed broadband internet and mobile data packages. The partnership with MultiChoice Ethiopia aspires to merge the telecom's fiber broadband and mobile network with DStv's content. Subscribers can access DStv channels through mobile data or fiber broadband bundles, with discounts of up to 35pc through Telebirr or My Ethiotel (*999#) and up to 26.5pc at sales centers for fiber broadband bundles. Acc...