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Only 360,000 people had Internet access in 2008, a penetration rate of 0.4%. [2] The state-owned Ethio Telecom (previously known as Ethiopian Telecommunications Corporation (ETC)) is the sole Internet service provider (ISP) in the country. Ethio Telecom comes in at very high prices which makes it difficult for private users to purchase it.
While in favor of the One Laptop per Child initiative for providing education to children in the developing world at a cheaper rate, he has pointed out that a $2,000 library can serve 400 children, costing just $5 a child to bring access to a wide range of books in the local languages (such as Khmer or Nepali) and English; also, a $10,000 ...
Ethiopia's economy experienced strong, broad-based growth averaging 9.4% a year from 2010/11 to 2019/20. Ethiopia's real gross domestic product (GDP) growth slowed down to 6.1% in 2019/20 due to the COVID-19 pandemic. [80] Industry, mainly construction, and services accounted for most of the growth.
Location of Ethiopia. Ethiopia is a country located in the Horn of Africa. According to the IMF, Ethiopia was one of the fastest-growing economies in the world, registering over 10% economic growth from 2004 through 2009. [1] It was the fastest-growing non-oil-dependent African economy in the years 2007 and 2008. [2]
The American One Laptop per Child (OLPC) project, launched in several African countries in 2005, aimed to equip schools with laptop computers at a low cost. While the average price of an inexpensive personal computer was between US$200 and US$500, OLPC offered its ultraportable XO-1 computer at US$100. The program marked an important step in ...
[18] While the tax rate for businesses is staggered through income thresholds, the effective tax rates for firms in Ethiopia range from over 25% for smaller businesses, down to below 10% for medium businesses, and 13% for large businesses. [18]
Safaricom Telecommunications Ethiopia P.L.C. (STE), previously known as Global Partnership for Ethiopia BV (GPE), is a subsidiary of the Kenyan mobile operator Safaricom in Ethiopia, [2] licensed with fee of US$850 million on 9 July 2021. [3] [4] This fee made it the single largest foreign direct investment into Ethiopia.
If inventor granted patent of introduction, the invention will be valid for a period of 15 years. Further five years patent may be valid if invention is properly worked in Ethiopia. [8] Ethiopia's first intellectual property law was enacted in 2006, which included provisions for patents, trademarks, copyrights, and industrial designs.