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, February 17/2021 – Pragma Investment Advisory (Pragma) announced its partnership with Specific Tools & Techniques Ltd (ST&T), a Nigeria-based engineering and facility management company, with the aim of contributing to Ethiopia’s ambitions in building a world-class telecom sector. According to a statement sent to Addis Standard, the partnership …