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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 [13] caught fire at Hong Kong International Airport, prompting a ban on air freight of Vivo phones through Hong Kong. [14] In June 2022, Vivo entered the world-famous Guinness Book of Records. [15]
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]
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.
20 February – The Netherlands returns a stolen crown to the Government of Ethiopia. [2] 29 February – Egypt says it will use "all means" to defend its interests in a dispute with Ethiopia and Sudan over the new dam on the Nile River. [3] 2 March – Victory of Adwa Day; 13 March – 1st case of the COVID-19 pandemic in Ethiopia [4]
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.
By 26 August 2020, Ethio telecom planned to extended 842 new infrastructure site during 2020 fiscal year. This infrastructure expected to enable the company to host additional 5.2 million new customers. During this fiscal year, the company planned to generate 55.5 billion birr in revenue, a 16pc growth from the last fiscal year.
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.
Bags of wheat from Ukraine sent to Ethiopia, March 2023. In 2020, Russia and Ukraine accounted for a combined total of 81% of Ethiopia's wheat imports (66% being imported from the former and 15% from the latter); [81] in June 2022, roughly 42% of Ethiopia's grain was imported from these two countries (15% from Russia and 27% from Ukraine). [82]