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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.
The first telegraph line in Ethiopia was constructed in the years 1897–1899 between the cities of Harar and the capital Addis Ababa.This was extended in 1904 by a line that ran from Addis Ababa through Tigray into Eritrea and to Massawa; and the next year by a line again from Addis Ababa to Gore in the province of Illubabor and Jimma in Kaffa.
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There have been three major forces involved in the evolution of media in Ethiopia: (1) the need to communicate information about Ethiopia to the external world in order to create an international awareness of Ethiopia and its leaders, (2) the need for internal communication to provide information and to develop a sense of national identity and, later (3) the need to utilize media for education ...
In late 1990s, the Office for Revision of Addis Ababa's Master Plan (ORAAMP) and National Urban Planning Institute (NUPI) were launched to analyze the economic status of the city. The city covered 29% of Ethiopia's GDP (59.5 Billions $ in 2024) and 20% of national urban development as of 2022. Commercial Bank of Ethiopia in Addis Ababa
Ethio telecom is owned by the Ethiopian government and maintains a monopoly over all telecommunication services in Ethiopia. [4] Based in Addis Ababa , it is one of the "Big-5" group of state owned corporations in Ethiopia, along with Ethiopian Airlines , the Commercial Bank of Ethiopia , Ethiopian Insurance Corporation , and the Ethiopian ...
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 Telecommunication Authority (ETA) was established in January 1953, to provide national and international telecommunication services. The ETA is led by a chief executive under the direction of board of directors, chaired by the Minister of Transport and Communication. It is state-owned and has administrative and financial autonomy. [3]