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New private airline joins market
Spread the NewsThe Ethiopian Civil Aviation Authority (ECAA) has given a license for a new private airline named Air Express Africa PLC on Friday. ECAA said that the license was issued after the company successfully completed the registration processes incorporate five phases of pre-application, formal application, Document evaluation and Inspection and finally Certification. Getachew Mengistie,…

IPDC, two companies ink land, shade lease agreements
Spread the NewsIndustrial Parks Development Corporation (IPDC), PCE Venture Manufacturing PLC and Akshay Jain PLC signed manufacturing shade and land lease agreements on Monday. The first manufacturing shade leasing agreement has been signed between Shiferaw Solomon, Deputy CEO of IPDC and Kibreab Abera, Deputy General Manager of PCE Venture Manufacturing PLC. PCE Manufacturing PLC will…

“We plan to create 100 thousand jobs in five years” An interview with Habtamu Tadesse, Founder and CEO of ArifPay, a fintech company
Spread the NewsHabtamu is also a founder of ZayRide, an app-based taxi-hailing service. ArifPay is a mobile point of sale system which will allow ATM cardholders to make electronic transactions via their smartphones. The company intends to launch M-POS and gateway-related digital financial products. It aims to allow people to use their mobile phones for…

ECA, UN climate champions host African roundtable to mobilize investment for climate-resilient projects in Africa
Spread the NewsAhead of the 2022 United Nations Climate Change Conference (COP27) the Economic Commission for Africa (ECA) and the UN Climate Champions hosted the “African Roundtable on Initiatives to Accelerate Climate Action and Advance the SDGs” and “Coordination Meeting of the African Group of Climate Change Negotiators and National UNFCCC Focal Persons” from 2-4…

Infrastructural gap poses challenge on industrial park
Spread the NewsDebre Birhan Industrial Park (DBIP) said Tuesday that delays in the infrastructural gap development is posing a challenge to attract more investors. “The park has developed 10,000 hectare of land for investment. However, lack of road construction taking to DBIP is a predicament,” said Yeshitla Mulugeta, General Manager of Debre Birhan Industrial Park…