Addis Abeba, March 10/2021 – The Board of Directors of the African Development Bank (ADB) has approved a grant of $2.33 million to EthSwitch Share Company, an initiative led by National Bank of Ethiopia, for the modernization of its payments infrastructure. The grant  is resourced from the special fund of the …

Addis Abeba, March 09/ 2021: The Raxio Group (“Raxio”), a premier pan-African data centre developer and operator, held a ceremony to formally kick-off the construction of the country’s first private Tier III carrier neutral colocation data centre at the ICT Park in Addis Abeba.  The event was attended by members …

Addis Abeba, March 03/2021 – Universal Music Group (UMG), the world’s leading music-based entertainment company, announced today thatEthiopia Habtemariam, who has served as President of Motown since 2014, has been elevated to Chairman and CEO of the label, reporting directly to UMG Chairman and CEO Sir Lucian Grainge. In connection with …