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Ethio Telecom, Hybrid Designs sign agreement for Telebirr partnership, online sales delivery via Ride transport service
Spread the NewsEthio Telecom and Hybrid Designs PLC signed a contractual agreement that will enable customers’ access to telecom products and services through Ride transport service at their convenient time and place using “Telebirr” digital payment system. Telebirr is an easy, fast, convenient and secure transaction platform for the settlement of any service payments. The…

Bank of Abyssinia posts sharp rise in pre-tax profits
Spread the NewsBank of Abyssinia (BoA) has posted a sharp rise in gross profit to 2.05 billion Birr in the concluded fiscal year in June 2021, which registered an increment of 90 percent compared to the previous year performance. BoA conducted its 25th annual regular shareholders general meeting on Thursday at Inter Luxury Hotel. “Our…

Ethiopian Airlines, UTD Aviation Solutions, AFRAA sign MoU to re-establish African Aviation Renaissance in MRO services
Spread the NewsEthiopian Airlines MRO, UTD Aviation Solutions and the African Airlines Association (AFRAA) have signed a tripartite Memorandum of Understanding (MoU) to work together on Maintenance, Repair, and Overhaul (MRO) services in pursuance to the Brown Condor Initiative (BCI). The signing ceremony took place last week at Ethiopian Airlines headquarters in Addis Abeba. The…

Ethiopia Day in Shandong, China celebrated promoting investment, tourism
Spread the NewsEthiopia Day in Shandong 2022: The Ethiopia-Shandong Investment, Trade, Culture, and Tourism Promotion Forum held in Binzhou City on August 17, 2022. Mr. Teshome Toga, Ethiopia’s Ambassador to China, Mr. Zhao Zhiyuan, Chinese Ambassador to Ethiopia, Mr. Temesgen Tilahun, Deputy Commissioner of the Ethiopian Investment Commission, Mr. Li Yongsen, Deputy Director General of…

Ethio Telecom, Ministry join hands for crowdfunding
Spread the NewsEthio Telecom has made a huge investment in the education sector through provisioning of fixed broadband and satellite internet service for a school net program worth over 4.8 billion Birr in parallel to other multidimensional support to the sector. Ethio Telecom has further announced that it has joined the Ministry of Education campaign…

Gov’t decides to grant mobile money service license to Safaricom
Spread the NewsEthiopian government has disclosed that it has decided to grant a mobile money service license for Safaricom Ethiopia PLC. Ahmed Shide, Minister of Finance announced Thursday that the government has decided to grant a license to Safaricom Ethiopia during the national launch of Safaricom Ethiopia PLC at Friendship Square. The decision to grant…