By Eyasu Zekarias

Hora Tech, a newly launched software development company, announces it has kick started operations as a technology contractor with already one million USD injected into its projects. 

Kedamawi Mulalem, Chief Technology Expert at Hora Tech, in an exclusive revealed to Capital, stating, “This independent technology center is the first software development company that aims to change the technology system by updating the procedures of institutions.”

Hora Tech, a part of Hora Trading Group, is a technology company known for its; coffee export, automotive assembly, real estate and fertilizer bag manufacturing.

Hora Trading Group, which has been engaged in various fields for the past 20 years, has announced that it will invest up to 10 million dollars in the next five years for its newly introduced software development company.

It is believed that the new technology will generate 5 to 10 million dollars in foreign currency by exporting software works and services to foreign countries.

The trading group celebrated the coming to life of the software firm on October 30, 2023, through a graduation and software promotion program.