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France provides €5 mln for restoration of Lalibela
Spread the NewsThe government of France has grated Ethiopia 5 million Euros for the renovation project of the rock hewn churches of Lalibela. Lalibela is United Nations Scientific, Educational, Scientific and Cultural Organization (UNESCO) inscribed world heritage site in Ethiopia. The grant agreement was signed on Thursday, October 20, 2022 between Semereta Sewasew, State Minister…
Ministry in talks with international companies to develop gas reserves
Spread the NewsBy Kaleyesus Bekele The Ministry of Mines disclosed that it is holding talks with various international oil firms to develop the natural gas reserves found in the Ogaden basin. Briefing journalists on the ministry’s six month performance report Minister of Mines Engineer Takele Umma said that his ministry was holding discussion with giant global oil companies on ways how it can develop…
Purpose Black receives 400 hectare of land as it launches franchise model
Spread the NewsPurpose Black ETH Training, an institution that mainly intends to solve economic problems of the black people, has launched a unique franchise concept dubbed “Qeleb Kegeberew Shareholder Franchise”. As part of the new scheme, the company has received 400 hectare of land at Arba Minch town from Gamo Gofa Zone that will be…
Ethio Telecom garners 61.3 bln Birr yearly revenue
Spread the NewsEthio telecom announced Thursday that it has garnered annual revenue of 61.3 billion Birr in 2021/22 fiscal year. Frehiwot Tamiru, CEO of Ethio telecom presented the yearly performance of the company at Ellily Hotel. She said that the company had a plan to collect revenue of 70 billion Birr and earned 61.3 billion…
Ethiopia commends Nigeria for choosing Ethiopian Airlines as preferred partner
Spread the NewsDagamawit Moges, Minister of Transport and Logistics, has commended Nigeria for choosing Ethiopian Airlines as the preferred partner for the establishment a national carrier. This is contained in a statement issued in Abuja on Saturday by Mr. James Odaudu, Special Assistant on Public Affairs to the Minister of Aviation, Malam Hadi Sirika. He…