Safaricom Telecommunications Ethiopia Plc (“Safaricom Ethiopia”) held a first demonstration of digital SIM registration process and a workshop on related policy matters with the National ID- Ethiopia (“NID”) and the Ethiopian Communications Authority on Tuesday. This is part of our preparations for commercial launch this year and follows the signing of a Memorandum of Understanding…
Dashen Bank and National ID Program of Ethiopia signed an agreement on Friday to enable customers of the bank to get a digital ID. The agreement program on Friday was held at the headquarters of Dashen Bank. Asfaw Alemu, CEO of Dashen Bank said, “The absence of digital ID has retarded the growth of the…
ID Ethiopia has signed a Memorandum of Understanding (MoU) with Safaricom Telecommunications Ethiopia PLC to partner in the digitalization of the National ID program. The MoU discusses the setup of joint pilots for registration and eKYC integration. eKYC process includes ID card verification, face verification, document verification such as utility bills as proof of address,…
Ethiopian Airlines and Ethio Telecom launched Wednesday a digital sells of air tickets through telebirr, a mobile money service provided by the latter. The agreement has been signed between Lemma Yadecha, Ethiopian Airlines Chief Commercial Officer and Frehiwot Tamiru, CEO of Ethio Telecom. This agreement will enable Ethiopian domestic flight service ticket online purchasing system…
Enat Bank Share Company and Hybrid Designs—RIDE, a taxi hailing firm, agreed Friday on the provision of loans to Ride drivers. In a strategic agreement program held at Hyatt Regency Hotel, the companies agreed on three types of loans to RIDE drivers. The first Enat Vision consists of loans to purchase new vehicles. To secure…
ArifPay, a fintech company, has introduced new scheme, which enables Small and Micro Enterprises (SMEs) to get a loan from banks. Those SMEs have been using ArifPay, a digital transaction system — an electronic platform for small shops to manage their sales and modernize their manual inventory system. Accordingly, the SMEs can get an access…
Ethio telecom, Safaricom Ethiopia Telecommunications PLC and Ethiopian Communications Authority (ECA) conducted a productive meeting and successfully concluded their multi round negotiations on infrastructure sharing and interconnection. ECA and Safaricom will sign agreement soon, according to Ethio Telecom. “These round of negotiations will clear the field for the service Safaricom will launch this year, paves…
Ethio Telecom signed a three-year contractual agreement with five Virtual Internet Service Provider (VISP) partners on Monday. The five partners are WebSprix IT Solutions PLC, Vivatech Trading PLC, Zergaw Internet Service Provider, Skynet IT Solution PLC and Dulle Business Group. Based on the contractual agreement, Ethio Telecom new partners will exclusively provide fixed broadband internet…
Melaku Alebel, Ministry of Industry said Thursday that the government is considering implementing a policy intervention to substitute furniture products the country is importing. Furniture is one of the commodities Ethiopia is importing. Ethiopia spends $15 million in a year to import furniture, according to a data from Ministry of Industry. Melaku said that…
Ethiopian Artificial Intelligence Institute and Oromia Bank agreed Friday to implement Artificial Intelligence (AI) technologies, which enable customers to perform financial transactions and enjoy real-time customer service from their mobile phones. The agreement has been signed between Taye Lemma (PhD), Research and Development Head of the Institute and Teferi Mekonnen, CEO of Oromia Bank. Taye…
