The SES Ethiosat delivers 95% of the TV content to homes in Ethiopia – SatNews
ScreenshotSES brought to light that the company’s Ethiosat platform at 57 degrees East now delivers content to 17 million TV households in Ethiopia, an increase of 7 million when compared to 2022, with the Ethiosat reach penetration growing to 95%. The Ethiopian TV market has undergone a continuous rapid expansion as the number of TV households has increased by 400% since 2017 to 18.2 million homes now receiving TV content. The penetration of HD homes in the market has also increased from 48% to 62% since 2021, with Ethiosat’s number of HD TV channels growing from 15% to 62%. Ethiosat is Ethiopia’s first-ever dedicated Free-To-Air (FTA) TV platform, hosted on SES’s NSS-12 satellite. “We are immensely proud to be part of the growth of the Ethiopian TV market through the Ethiosat platform.
Source:Ethiopian News
May 20, 2024 15:27 UTC
Ethiopia-Türkiye Trade and Investment Forum to be Held Next Week
The Ethiopian Embassy in Istanbul has announced the convening of the Ethiopia-Türkiye Trade and Investment Forum, scheduled for May 27, 2024, at the headquarters of Müsiad in Istanbul, Türkiye. This high-level forum serves as a platform to showcase Ethiopia's investment potential and market opportunities. The gathering is expected to attract prominent government officials, investors, and distinguished guests from both Ethiopia and Türkiye. With a focus on solidifying bilateral trade relations, this event aims to facilitate productive discussions and establish valuable connections that pave the way for mutually beneficial collaborations across diverse sectors. Source: Fana BC
Source:Ethiopian News
May 20, 2024 14:43 UTC
Aramco to install the first quantum computer in Saudi – New Business Ethiopia
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed an agreement with Pasqal, a global leader in neutral atom quantum computing, to install the first quantum computer in the Kingdom of Saudi Arabia. The agreement will see Pasqal install, maintain, and operate a 200-qubit quantum computer, which is scheduled for deployment in the second half of 2025.”Aramco is delighted to partner with Pasqal to bring cutting-edge, high-performance quantum computing capabilities to the Kingdom. Through this agreement, we’ll be at the forefront of accelerating commercial adoption of this transformative technology in Saudi Arabia. Pasqal and https://www.aramco.com/en/about-us intend to leverage the quantum computer to identify new use cases, and have an ambitious vision to establish a powerhouse for quantum research within Saudi Arabia. This would involve leading academic institutions with the aim of fostering breakthroughs in quantum algorithm development — a crucial step for unlocking the true potential of quantum computing.
Source:News Business Ethiopia
May 20, 2024 14:00 UTC
Kefi launches Tulu Kapi mining project amid all-time high gold prices
(Alliance News) - Kefi Gold & Copper PLC on Monday said it will proceed with early work following the launch of the Tulu Kapi project. The Saudi Arabia and Ethiopia-focused exploration and development company owns a 95% stake in the Tulu Kapi gold mines in Ethiopia as of May 13. Following confirmation from TKGM's board, which comprises representatives of both Kefi and the Ethiopian federal and regional government, the project is officially launched. Executive Chair Harry Anagnostaras-Adams said: "Our launch timing is fortuitously coinciding with the improved conditions in Ethiopia and all-time high gold prices. "Tulu Kapi's high grade and high process recovery, combined with our project design, has resulted in a robust set of economics for long-term operations which should support further exploration and development."
Source:Ethiopian News
May 20, 2024 13:28 UTC
BNC London: GG Alcock – The hidden wealth of SA’s informal economy
He founded a marketing company targeting South Africa’s informal economy, highlighting its significant and often overlooked economic contributions. 03:23 People often misunderstand the informal economy, seeing it as chaotic and invisible. 13:57 Our perception of the informal economy is often skewed by stereotypes of poverty and unemployment. 25:10 Listed companies like DeBula Property Fund acknowledge the strength of the informal economy, which often goes unmeasured but is vital to the overall economy. 26:08 Capitec’s Khedie Fourie highlights the untapped potential in the informal economy, which he compares to the early days of retail banking.
Source:Ethiopian News
May 20, 2024 13:02 UTC
Ethiopia Premier Drops Tigray-Born Abraham as Defense Minister
Ethiopian Prime Minister Abiy Ahmed has made changes to his cabinet, which included the removal of Abraham Belay as defense minister, the state broadcaster EBC reported. Abraham switched roles with Aisha Mohammed, who was head of the irrigation and lowlands ministry. She served as defense minister briefly in 2018.
Source:Ethiopian News
May 20, 2024 12:35 UTC
Ethiopian Airlines doubles size of domestic terminal
Ethiopian Airlines Group CEO Mr. Mesfin Tasew said: “As the demand in domestic travel is growing, the completion of this project would allow us to offer a smooth travel experience to our esteemed passengers.”
Source:Ethiopian News
May 20, 2024 12:33 UTC
How an artist and curator duo are transforming Addis Ababa with their eco-driven projects
Called Zoma Village Entoto, the complex is expected to open in September. It was conceived by Elias Sime, one of Ethiopia’s most successful artists, and Meskerem Assegued, an anthropologist and curator. Sime and Assegued build slowly, sustainably and traditionally—in stark contrast to the high-rise structures that have sprung up in Addis Ababa in recent years. Stupendous diversityNot long after they first met each other, Sime invited Assegued to his studio in Addis Ababa. It moved and reopened as Zoma Museum, a school and art institution in 2019.
Source:Ethiopian News
May 20, 2024 12:16 UTC
Ethiopia: Norway Pledges Continued Support for Ethiopia's Green Development Efforts
Addis Ababa — Norway has announced that it will continue its assistance for the government of Ethiopia's efforts to fight climate change through green development. The adviser has also commended the efforts being carried out in the protection of biodiversity citing the Green Legacy Initiative. According to her, the Green Legacy Initiative demonstrates the commitment of Ethiopian government to ensuring green development. "Green Legacy demonstrates the commitment of Ethiopian government towards green development manifesting the importance of forestry sector as trees are important instruments in helping to tackle the impacts of climate change." As per this partnership agreement the government of Norway will continue providing support to Ethiopia's efforts to mitigate impacts of climate change, forestry development, and food security," she stated.
Source:Ethiopian News
May 20, 2024 11:42 UTC
Americans say inflation is their biggest financial concern, Gallup poll found
Americans say inflation is their biggest financial concern, Gallup poll found Morgan Rynor reports Americans also list the cost of owning and renting a home as a top financial burden.
Source:Ethiopian News
May 20, 2024 11:07 UTC
As a war reporter, I trusted my fixer with my life. Two weeks later, he was kidnapped
Six weeks after his abduction, Zleke’s wife answered the door to find two men who asked for money for her husband’s release. I’m a journalist, and Zleke had been my fixer when I traveled to Ethiopia to write about the Tigray war, which lasted from November 2020 to November 2022. He carries the plight of an African refugee in the west, tasked with making a new life far from anything familiar. View image in fullscreen A Tigrayan refugee rape victim who fled the conflict sits for a portrait in eastern Sudan in March 2021. I trusted Zleke with my life, now he trusts me with his – and the lives of his wife and children.
Source:Ethiopian News
May 20, 2024 10:21 UTC
Ethiopian Deputy Prime Minister emphasises importance of strengthening cyber security
Deputy Prime Minister has called on the Information Network Security Administration (INSA) to intensify its efforts to strengthen the cyber security capabilities of institutionsDuring a visit to INSA's various operational units, including the Cyber Talent Development Centre and the Digital Expo, Deputy Prime Minister Temesgen Tiruneh was briefed on the organisation's ongoing work to secure the country's cyber infrastructure. Temesgen praised INSA's work and emphasised the need to further support and strengthen its activities. This is reported by ENA . In addition, he noted INSA's role in supporting other government agencies such as the Ministry of Revenue and Ethio-Telecom in building secure systems for the Digital Ethiopia 2025 initiative. Temesgen also praised INSA for helping key financial institutions to strengthen their cybersecurity capabilities.
Source:Ethiopian News
May 20, 2024 10:06 UTC
PM announces latest cabinet reshuffle
has been reappointed to the post of Minister of Defense in the latest round of shuffling in the Prime Minister’s cabinet. She had been serving as minister of Lowlands and Irrigation – a position now held by former Defense Minister Abrham Belay (PhD). He headed the Defense Ministry during the two-year northern war. Mohammed Indris (PhD) has been chosen to head the Democratic System Building Center with the rank of state minister. The Center was previously led by Adem Farah, deputy chair of the incumbent Prosperity Party.
Source:Ethiopian News
May 20, 2024 09:46 UTC
Ethiopian inaugurates transformed Addis Ababa domestic terminal
Ethiopian Airlines inaugurates transformed Addis Ababa Bole International Airport domestic terminal0 SHARESPosted: 20 May 2024 | International Airport Review |Ethiopian Airlines have announced the inauguration of the transformed Addis Ababa Bole International Airport domestic terminal. Ethiopian Airlines, proudly announces the inauguration of its transformed Addis Ababa Bole International Airport's Domestic Terminal. Ethiopian Airlines have announced the inauguration of the transformed Addis Ababa Bole International Airport domestic terminal. New upgrades at Addis Ababa Bole International AirportThe newly inaugurated domestic terminal is the main connecting hub for Ethiopian Airlines’ domestic operations serving over 200 flights to and from the 22 domestic destinations on daily basis. Ethiopian Airlines Group CEO Mr. Mesfin Tasew has expressed his delight, emphasising the commitment of Ethiopian Airlines Group in elevating the standard of airport services and experience.
Source:Ethiopian News
May 20, 2024 08:17 UTC