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Ethiopian Reinsurance posts gross profit of 220 mln Birr
Spread the NewsEthiopian Reinsurance Share Company (Ethiopian Re) said Thursday that it has registered a gross profit of 220 million Birr in the concluded fiscal year on June 30, 2021. The registered profit is higher than previous year’s performance by 34 million Birr, said Hailemariam Assefa, Chairperson of the Board of Directors at Ethiopian Reinsurance…

Dr. Phiri on mitigating agricultural challenges, mobilizing resources to reach out millions in need
Spread the NewsChimimba David Phiri (PhD) is Food and Agricultural Organization (FAO) Subregional Coordinator for Eastern Africa and FAO Representative to the African Union (AU) and to the United Nations Economic Commission for Afric (UNECA). Before joining FAO Subregional Office for Eastern Africa, Dr. Phiri was the Subregional Coordinator for the FAO Subregional Office for…

Ethiopian receives IATA’s Certificate of Excellence in logistics
Spread the NewsEthiopian Airlines, the largest aviation group in Africa, announced that it has received IATA’s Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) certification as an airline and ground handling in December 2021. Ethiopian Airlines is the first airline in Africa to receive the CEIV pharma certification. Achieving this great milestone…

Green Technologies Ethiopia invests 2.4 bln Birr on renewable energies
Spread the NewsBy Yared Nigussie Green Technologies Ethiopia said it has invested 2.4 billion Birr to expand cleaner energy alternatives. Fitsum Deriessa, General Manager Green Technologies Ethiopia, among the subsidiaries Green Tech Africa, told Origins Business that Green Technologies has so far invested 2.4 billion Birr to import electric vehicles and conduct other activities pertaining…

Gov’t licenses eight mining to commence coal mining
Spread the NewsThe Council of Ministers on Wednesday has given green light for the Ministry of Mines to ink an agreement with the eight companies who are interested to start production of coal in different parts of the country. This new licensing is expected to end import of coal within one year period. Ministry of…

Diaspora investment forum kicks-off next week
Spread the NewsThe Ethiopian and Addis Abeba Investment Commissions announced that an investment forum that is expected to attract Ethiopian and Ethiopian descent diaspora will be held next week in Addis Abeba. The forum is slated for January 12 to 16, 2022 at Skylight Hotel. In addition to the consultation about investment opportunities and incentives…