Ethiopian Business Daily

2023-04-06 21:23:58 ArifPay Integrates with EthSwitch, Targets Widespread POS Adoption

Ethiopian payment system operator ArifPay has announced its integration with EthSwitch, Ethiopia's National Payment Switch.

https://shega.co/post/arifpay-integrates-with-ethswitch-targets-widespread-pos-adoption/

Via - @shegahq
@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-06 14:34:23 Mastercard partners with EthSwitch to transform digital payments in Ethiopia!

Ethiopian-based national payment firm, EthSwitch has partnered with Mastercard to enable financial institutions across Ethiopia to boost the adoption and usage of digital payments.

EthSwitch will leverage Mastercard’s global network and digital payments capabilities to allow fast and secure transfer of funds.

The move will enable people and organizations to send and receive money instantly, domestically and cross-border.

The advanced payment solution will deliver a simple and better user experience that will contribute towards the acceleration of Ethiopia’s transition to a cash-lite economy.

@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-06 14:19:46 How Many Humans Have Ever Lived?

In 2022, the world will likely hit a momentous milestone—a population of eight billion.

Of course, this dramatic increase in the world’s human population is a relatively new phenomenon. For many thousands of years, there were fewer people roaming the Earth than would live in a mid-sized city today.

But this does raise an interesting question, though: over the long arc of human history, how many people have ever lived?

The unique and powerful today highlights how many humans have ever lived, and how much of humanity is currently alive today.

@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-06 14:15:06 An incoming procurement proclamation is undergoing massive changes to streamline with the digital route taken by government courtesy of the electronic government procurement (EGP) system.

Via - Capital
@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-06 14:13:22 Chinese telecommunications giant, Huawei, reports a nearly 69% decline in net profit in 2022, hopes for a better bloom in 2023.

In a press conference given on Friday March 31, 2023, the top management of the company indicated that in its operation in 2022, the tech giant generated CNY 642.3 billion in revenue and CNY 35.6 billion profits ($5.18 billion)

Via - Capital
@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-06 14:10:34 A row of electric bicycles around Meskel square charges 20 Br per round trip for prospective passengers.

Via - Addis Fortune
@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-06 13:57:40 A Bank Initiative Resumes Share Sales After Two-Year Hiatus

Geez Bank, a private commercial bank under formation, has resumed share sales after a two-year interruption caused by the northern conflict.

Via - Addis Fortune
@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-06 13:56:20 Oromia Coop Bank achieved a higher Return on Equity (RoE) than the average of the top Ethiopian private banks, demonstrating its ability to generate better returns for its shareholders,with an ROE of 22pc compared to the industry average of 21pc.

Via - Addis Fortune
@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-03 22:00:57 Ethio telecom is about to introduce Self Service Dispencing Machine used for Issuance of new SIM cards, replace SIM cards, Airtime top up, Bill payments and more automated services.

@Ethiopianbusinessdaily ክፈት / አስተያየት ይስጡ

2023-04-03 19:33:01 #Daily_Innovation
Philips Hue: Smart lighting system

It is a system of smart lights, designed by Philips experts.

A special feature of the Philips Hue is the ability to control lights (up to 50 lamps) and adjust them to the needs of the owner with a special remote or directly from a smartphone via Bluetooth.

Furthermore, it makes it possible to synchronize lighting with movies, games, and music.

@EthiopianBusinessDaily ክፈት / አስተያየት ይስጡ