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Ethiopia’s Coffee sold over 47,000 Birr per kg in Cup of Excellence Competition
Spread the NewsEthiopian Coffee and Tea Authority said Wednesday that the top-scoring coffee in 2022 Cup of Excellence Online Competition sold at a price 47,236.23 Birr per kilogram. The competition has been held for the third round in Ethiopia while this year’s international coffee quality competition held on Tuesday evening through online platform. This is…

Ethiopian inks partnership agreement with IDIPO, Air Djibouti for Sea – Air Transport
Spread the NewsEthiopian Airlines, Africa’s best airline and winner of multiple global awards, has signed a strategic partnership agreement to jointly commence sea-air multimodal transportation with International Djibouti Industrial Park Operation (IDIPO) and Air Djibouti for an expeditious transportation of goods to Africa. Based on the agreement, the cargo will be transported from China to…

Contraband Khat worth over 30.9 mln Birr seized: Ministry
Spread the NewsMinistry of Trade and Regional Integration (MoTRI) said Tuesday that only in July, 2022 contraband Khat, a stimulant leaf worth 30,991,920 Birr seized at the border areas. From 2017-2021, 77,276,456 kilogram Khat worth 90,623 Birr was seized at the borders areas, according to Belay Hagos, who is in charge of Agricultural Commodities Export…

Ethio Telecom establishes digital learning centers in 66 high schools investing over 45 mln Birr
Spread the NewsEthio Telecom has inaugurated digital learning centers on Thursday in 66 selected high schools nationwide. The centers are equipped with computers and furniture along with fast broadband internet service to support the overall efforts of producing knowledge based generation by discharging its Corporate Social Responsibility (CSR) in educational sector among other several CSR…

Wegagen Bank posts 193 mln Birr gross profit
Spread the NewsWegagen Bank Share Company has posted a gross profit of 193 million Birr in the concluded fiscal year in June 2021. The profit was declined from previous year performance of close to a gross profit of 1 billion Birr. The concluded fiscal year has been marked by multifaceted challenges for Wegagen Bank. The…

Ethio Telecom to launch 5G services next week
Spread the NewsEthio Telecom announced that it will officially launch 5th generation (5G) services next week Monday. The company has been on trial stages of the 5G services for a year. 5G is mainly intended to be introduced to deal with the high volume of data transmission in dense urban networks in the country. Ethio…