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French companies demonstrate products, services
Spread the NewsBy Kaleyesus Bekele As part of the ongoing celebrations marking the 125th anniversary of the Ethio-French diplomatic relations, French aviation and technology firms demonstrated their products and services on Thursday October 13 at a meeting organized by the French Embassy and Ethiopian Airlines at the Ethiopian Skylight Hotel. Some 16 French aviation and…

Inflation keeps soaring
Spread the NewsThe latest report from the Central Statistical Authority (CSA) disclosed that the overall inflation rate in September 2021 has reached 34.8 percent. Last month’s rate registered a 4 percent surge from the August 2021 inflation rate, which was stood at 30.4 percent. Food inflation, the major contributing factor for the ballooning inflation also…

TotalEnergies launches this year Startupper challenge
Spread the NewsTotalEnergies has announced that it has launched the third edition of the Startupper of the year challenge on Tuesday. For this edition, the Startupper of the Year Challenge by TotalEnergies is poised to support and reward young local entrepreneurs between ages of 18 and 35, who either have a business creation project or…

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…

KEFI Gold, Copper ready for progress projects in Ethiopia, Saudi
Spread the NewsKEFI Gold and Copper PLC said in a statement that it has ‘reaffirmed plans’ with the Ethiopian authorities for the start of work on its Tulu Kapi gold mine in October. Tulu Kapi’s first gold pour should coincide with the start of production from KEFI’s second major project – Jibal Qutman, in Saudi…

Ethio Telecom, CNET Software Technologies launch integrated digital service charge system
Spread the NewsEthio Telecom and CNET software technologies signed an agreement to implement telebirr and CNET integrated payment system that would enable the CNET Software Technologies partners’ to get their customers settle service charges and transactions using telebirr, a mobile money platform. Specifically, the implementation of telebirr & CNET integrated payment system will play crucial…