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The Vivo Y3 was launched in May 2019 by Vivo. The Vivo Y3s phone served as an even more budget friendly variant, reducing prices by cutting out the Ultra-wide camera, and launched much later, on October 26, 2020. [12] The pricing for the Vivo Y3 was around €190 (¥1500), [13] [14] and the Vivo Y3s launched with a price of €150 (¥1170). [12 ...
The power generated in Ethiopia is less expensive than that generated in Kenya, and electricity imports over the interconnector were expected to lower power prices in Kenya and promote industrial growth in the country. [2] The project was budgeted at KSh 126 billion (approximately US$1.26 billion).
On total, Ethiopia produces 14 TWh (14,000 GWh) from all facilities and exports other resources like natural gas or crude oil. There are numerous restraints over electrification with most people in rural areas utilize traditional biomass energy sources and lack of modernized transmission and distribution.
In 2023, Vivo was ranked among the top 5 smartphone makers, achieving a global market share of 10%. [12] In April 2021, three pallets of Vivo phones caught fire at Hong Kong International Airport, prompting a ban on air freight of Vivo phones through Hong Kong. [13] In June 2022, Vivo entered the world-famous Guinness Book of Records. [14]
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.
Over 70% of the freshwater resources that Ethiopia has access to can be found at the Blue Nile River Basin. Here, three river systems, the Abbay (44%), Akobo River (20%), and Tekezé (6%) provide the country with vital water resources. [9] Ethiopia's government is planning on tapping into this technology five-fold in the coming years. [10]
Ethiopia's economy is ranked 159th place out of 190 countries in 'Ease of doing business'. [35] Ethiopia is also a part of African Continental Free Trade Area, Common Market for Eastern and Southern Africa, Intergovernmental Authority on Development, and the G24, and has observer status at the World Trade Organization.
Ethiopia is currently one of 19 remaining countries on earth without a true stock exchange. Without access to capital and investments, Ethiopia's economy is growing at a snail pace of 5.4% in 2017. The digital divide plays a major factor in this because without access to technology the economy cannot keep up with the rest of the world.