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Association plans to garner $55 mln from Valentine’s Day flower exports
Spread the NewsThe Ethiopian Horticulture Producer Exporters Association (EHPEA) announced that it has set a plan to garner $55 million from Valentine’s Day flower exports this year. “We are planning to garner close to $55 million from flower export during this Valentine’s Day,” Tewodros Zewdie, Executive Director of EHPEA, disclosed to Origins Media. “Close to…

Addis Chamber to host 25th Addis Chamber International Trade Fair
Spread the NewsThe Addis Ababa Chamber of Commerce and Sectoral Associations, (AACCSA) is going to organize and hold the 25th Addis Chamber International Trade Fair (25th ACITF) from June 16 – June 20, 2022 focused on “Enhanced Export for Sustainable Development”. The trade fair will be held at the Addis Abeba Exhibition Center.

Awash Bank bags net profit of 3.39 bln Birr
Spread the NewsAwash Bank, among the most profitable private banks in Ethiopia has reported a record high net profit of 3.39 billion Birr during the financial year of 2020/21 that was concluded in July 2021. The profit before tax was 4.8 billion Birr. The profit was not only a record high in the history of…

Coca-Cola, Sumuni launch digital gateway to connect startups, investors
Spread the NewsSumuni, in partnership with Coca-Cola Beverages Africa-Ethiopia (CCBA-Ethiopia), launched the first web and app-based due diligence platform that connects potential investors with entrepreneurs and startups. The launching program has been held on Thursday, February 10, 2022 at Hyatt Regency Hotel. The Sumuni gateway, with funding from Coca-Cola bottler, will support about 10 startups…

Wallin Beer joins market
Spread the NewsUnited Beverages PLC, which is administered under Kangaroo Industrial Group, has unveiled its brand new beer named Waliin. Waliin is an Oromiffa word translated us “togetherness”. The company, which started its operations 3 years ago in Modjo town with a capital of over €88 million, has now launched the new Waliin Beer – a premium lager beer. Teresa Urgessa, Acting General Manager of…

Ethio poultry expo, ALEC in progress
Spread the NewsEthio poultry expo, ALEC in progress The 10th 2021 edition of Ethio Poultry Expo and 6th African Livestock Exhibition and Congress (ALEC) are in progress starting from Thursday, October 2021 at Ethiopian Skylight Hotel. The expo and ALEC will be opened for visitors including businesses until Saturday, October 30. Ethio Poultry Expo (Ethiopex)…