Business
Ethiopia, like Kenya to launch ICT park
Friday, February 24, 2012
Ethiopia will soon launch an information and communication technology (ICT) park, becoming the second East African nation, after Kenya, to do so.
The ambitious project, known as the Technopolis, is being constructed in Addis Ababa at a cost of US$45 million.
Construction of the first phase, which began three years ago, will soon be completed, the country’s Ministry of Communication and Information Technology (MCIT) announced.
Ethiopia’s Silicon Valley is spread of 200 hectares of land and authorities claim it is the second of its kind in Africa, after a similar one planned in Kenya.
Earlier this month, Kenya announced plans to construct an ICT park on a 5,000 acre site in the capital, Nairobi.