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



Vandalism Costs Ethio telecom 100m Br

Frehiwot Tamiru CEO-Ethio-telecom


Vandalism Costs Ethio telecom 100m Br

In the first half of the current fiscal year, Ethio telecom incurred an estimated 100 million Br in losses due to damages caused by a total of 547 cases of vandalism to its infrastructure. The findings were shared at the Telecom Infrastructure Security Forum held last week at the Skylight Hotel. Theft of copper cables and other infrastructure, the insufficient penalty imposed on perpetrators, and low levels of awareness among communities toward protecting public property were the major causes of the damage, according to Ethio telecom. The funding noted that the damage has huge repercussions on service quality, customer satisfaction and revenue generation, as well as on the country’s economy in general. Since Ethio telecom was restructured in November 2010, it has carried out the installation of optical fibres along four routes in the capital. It also started upgrading the optical transmission network and installed additional optical fibre. The capacity was upgraded to 400 GB in September 2015, reaching a total number of 186 towns across the country. During the Next Generation Network project, the total length of optical fibre installed reached 7,906Km.

[ssba-buttons]

Radar

Creditors Open Way for Ethiopia's Eurobond Restructuring

Ethiopia has cleared a key hurdle in restructuring its one billion dollar Eurobond after the Official Creditor Committee (OCC) approved the latest agreement with private bondholders. The OCC said the deal meets its “comparability of treatment” principle, allowing the government to proceed with restructuring the bond, which matured in 2024. The approval follows renewed negotiations after official creditors rejected an earlier agreement reached in January. Under the new agreement, reache...


Radar

University Cutoff Leaves Most Exam Takers Behind

Only 70,544 students, or 12.8pc of those who sat the Ethiopian Secondary School Leaving Certificate Examination (ESSLCE), scored above the 50pc threshold required for university admission. Education Minister Berhanu Nega (Prof.) disclosed the results during a press briefing last Saturday. Nearly 32pc of the successful candidates were from Addis Abeba, giving the city the highest share. Oromia Regional State followed, while Amhara Regional State accounted for the remaining share. The res...


Radar

Dairy Drive Turns to Farmers to Cut Import Reliance

A five-year dairy project targeting 350,000 farmers has increased average milk production per cow by 3.8 litres a day, supporting Ethiopia's effort to replace imported dairy products with domestic output. The Ministry of Agriculture leads the initiative in collaboration with SNV's BRIDGE Plus project. It combines cow-focused advisory services, technology, market links and farmer capacity-building to raise dairy productivity. The work has centred on helping farmers produce surplus milk for sal...