An official JV company has been established with the Moroccan giant mattress and related products producer – Uni-Confort Maroc Dolidol, and Techno style – one of Ethiopians major furniture and related product producer.
Ethiopian Investment Commission (EIC) said it will fully support this partnership in order to maximize their job creation, export rate and destination.
Spread the NewsRica Technology PLC has rolled out its online shopping service, known as Rica Shopping, the company announced Tuesday. The launching program has been held at Ethiopian Skylight Hotel. The service will be provided to customers through Rica Shopping mobile app. This fresh service too includes delivery orders such as foods, medicines and other…
Spread the NewsThe recently rebranded Oromia Bank and Oromia Water and Energy Resource Development Bureau signed a Memorandum of Understanding (MoU) to work on collection of payments. The agreement has been signed by Woldie Bulto, Vice President of Oromia Bank and Million Bekele (Engineer), Head of Oromia Water and Energy Resource Development Bureau. The agreement…
Spread the NewsArifPay, a fintech company, has introduced new scheme, which enables Small and Micro Enterprises (SMEs) to get a loan from banks. Those SMEs have been using ArifPay, a digital transaction system — an electronic platform for small shops to manage their sales and modernize their manual inventory system. Accordingly, the SMEs can get…
Spread the NewsBy Kaleyesus Bekele Trans Nation Airways (TNA) , a private charter flight operator based in Addis Ababa, Ethiopia, is aiming higher to become the preferred charter operator in East Africa region. Established in 2004 TNA operates two Dash8 aircraft and recently acquired a new King Air360 from Textron Beech Aircraft Company. The parent…
Spread the NewsFarnborough, United Kingdom, July 20, 2022 – De Havilland Aircraft of Canada Limited (“De Havilland Canada”) and Ethiopian Airlines Group (“Ethiopian”) announced Wednesday that Ethiopian has signed a proposal for the purchase of two Dash 8-400 Freighter – Large Cargo Door (F-LCD) conversion kits. The proposal provides an option for an additional two…
Spread the NewsEthiopia’s tourism sector needs a “Marshall Plan” to boost the growth of the sector, said experts who are working on tourism and hospitality. Problems of attitude, lack of clear vision in the sector, tax collection predicaments, duty free and financial provision related difficulties are the factors that hamper productivity of the sector mentioned…
