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3 January – 2024–25 Ethiopian earthquakes: Volcanic activity is reported in Awash Fentale in Afar Region. [2] 10 January – Ethiopia launches its first stock exchange since the imperial period of Haile Selassie. [3] [4] 11 January – Somali president Hassan Sheikh Mohamud makes a surprise visit to Ethiopia following their peace agreement ...
The National Bank of Ethiopia (NBE) in 2008. On 29 July 2024, the National Bank of Ethiopia (NBE) relaxed restrictions on the value of the Ethiopian birr to secure a loan of $10.7 billion from the International Monetary Fund (IMF) and World Bank. [1]
Flipkart introduced Shopsy in July 2021 [3] [4] as a mobile app that allowed people in India to launch their own online reseller business. [5] [6] [7] By August 2021, the app had adopted a zero-commission marketplace model. [8] [9] Later, Shopsy shifted its focus to become a B2C company. [10]
Flipkart achieved a gross merchandise volume of US$300 million during the event, with the largest volumes coming from fashion sales and the largest value coming from mobiles. [30] In 2014, Flipkart invested in Ngpay to strengthen the mobile payment services since there was an increased focus on mobile ecommerce; Flipkart reported that mobile ...
In Ethiopia, the Internet penetration rate is 25% as of January 2022, and it is currently attempting a broad expansion of access throughout the country. [1] These efforts have been hampered by the largely rural makeup of the Ethiopian population and the government's refusal to permit any privatization of the telecommunications market. [1]
The Ethiopian Broadcasting Corporation (EBC; Amharic: ኢትዮጵያ ብሮድካስቲንግ ኮርፖሬሽን, romanized: ītiyop’iya birodikasitīnigi koriporēshini), now rebranded as ETV (stylized in all lowercase), is an Ethiopian government-owned public service broadcaster. [3]
Establishing a securities exchange in Ethiopia has been planned for several years. The Ethiopian government has made efforts since 2019 for this vision. In 2023, the country announced the upcoming launch of its first-ever securities exchange. [4] On April 7, 2024, NGX Group confirmed an investment in the Ethiopia Securities Exchange.
Telecommunications in Ethiopia is a monopoly in the control of Ethio telecom, formerly the Ethiopian Telecommunications Corporation (ETC). As of 2012, 20.524 million cellular phones and 797,500 main line phones were in use.