KYIV, Aug 11 (Reuters) — Ukraine expects a ship to arrive on Friday to load grain for delivery to Ethiopia under a deal brokered by the United Nations and Turkey, the country’s infrastructure minister said on Thursday.
“Thanks to the Black Sea Initiative we are ready to load more than 23,000 tons of grain and export it to Ethiopia,” Infrastructure Minister Oleksandr Kubrakov said on Twitter.
Spread the NewsSome facts about Commercial Bank of Ethiopia CBE started operation with an initial capital of 1 million Maria Theresa Thaler (MTT). Commercial Bank of Ethiopia (CBE) had 43 employees when it started operations in 1942. The first headquarters of the Bank was first constructed during in the reign of and inaugurated by…
Spread the NewsThe National Bank of Ethiopia (NBE), the financial sector regulatory institution, has approved the appointment of five Vice Presidents (VPs) as per the request from Amhara Bank. NBE has given an approval for five senior VP appointments on its notification on Monday November 22. Following the approval, Amhara Bank assigned senior bankers, who…
Spread the NewsA New airline, established in a Joint Venture (JV) between Ethiopian Airlines, African largest airlines, and Zambian government, will launch providing its operation as of Wednesday, December 1, 2021. The launch of Zambia’s National Carrier has been realized in a JV with Industrial Development Corporation Limited (IDC). Ethiopian has 45 percent stake in…
Spread the NewsSafaricom Ethiopia has unveiled its first cloud data center in Addis Abeba at a press briefing and media visit program held on Tuesday February 22,2022, in less than a year after the Ethiopian Communications Authority (ECA) issued the company the first-ever telecom operator license since Ethio Telecom. The establishment of the data center…
Spread the NewsEthio Telecom, Ministry of Transport and Logistics and Ethiopian Petroleum Supply Enterprise (EPSE) have inked a deal that would enable fuel-subsidy beneficiary vehicles use mobile money platform to pay for fuel at gas stations. Telebirr, a mobile money service, which has been developed by Ethio Telecom, will be used to pay the payment…
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…
