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Admas digital lottery launched via telebirr
Spread the NewsADMAS Digital Lottery has been launched on Friday via telebirr, a mobile money service through 605 SMS platform. Ethio Telecom and the National Lottery Administration (NALA) signed a strategic partnership to launch the digital lottery. The agreement has been signed between Frehiwot Tamiru, CEO of Ethio telecom and Geremew Gargie, General Manager of…

Unilever keen to invest Ethiopia’s food processing sector
Spread the NewsUnilever Global announced that it has a plan to invest in Ethiopia’s food processing sector. Douglas Brew, Head of External Affairs, Communications and Sustainability for Africa at Unilever discussed regarding food processing investment plan with Teferi Melese, Ethiopia’s Ambassador to the United Kindom (UK) on Thursday. Ambassador Teferi told Mr. Brew that the…

TNA aims to become preferred charter operator in East Africa
Spread the NewsBy Kaleyesus Bekele Trans Nation Airways (TNA) , a private charter flight operator based in Addis Ababa, Ethiopia, is aiming higher to become the preferred charter operator in East Africa region. Established in 2004 TNA operates two Dash8 aircraft and recently acquired a new King Air360 from Textron Beech Aircraft Company. The parent…

Ministry announces new fuel price rates
Spread the NewsMinistry of Trade and Regional Integration (MoTRI) announced Wednesday a decision to hike fuel prices. The new price adjustment has been effective as of Wednesday, September 28, 2022. Accordingly, the new price for Benzene price rose nearly 20% from 47.83 Birr to 57.05 Birr. Under the new decision, the price of diesel was…

Awash insurance collects premium of over 1.28 bln Birr
Spread the NewsAwash Insurance Company S.C said Saturday that it has collected a premium of over 1.28 billion Birr in 2020/21 budget year. The company has collected over 962.2 million Birr premium from the general insurance services, which registered a 23 percent growth from the previous year. Awash Insurance had also received 332.6 million Birr…

Tulu Moye Geothermal sign over $100 mln contract with Mitsubishi, SEPCOIII
Spread the NewsTulu Moye Geothermal Operations (TMGO) has signed a contract with consortium of Mitsubishi Corporation and SEPCOIII Electric Power Co. Ltd. to develop energy from geothermal energy in Assela, Eteya, Oromiya on Wednesday. The agreement has a cost of over $100 million. TMGO is one of the first Power Purchasing Agreements (PPA) in Ethiopia….