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Ethiopia’s Ambassador to India urges investors to engage in tourism sector
Spread the NewsTizita Mulugeta, Ambassador of Ethiopia to India urged investors in the global tourism sector to grab and capitalize on attractive opportunities in Ethiopia. She told them this while addressing investors gathered virtually at the Inventivepreneur Chamber of Commerce and Industries (ICCI) Annual Global Tourism Summit held on Sunday. The virtual summit aimed to…

GTNA secures 5,000 square meters of land from City admin
Spread the NewsGlobal Television Network of Africa (GTNA), which would be the first global TV network for the continent said that it has secured close to 5,000 square meters of land from the Addis Abeba City Administration for 30 million Birr advance payment. The rest of the payment will be paid in 99 years as…

Ethiopian Airlines adds Amman, Jordan, to its network
Spread the NewsEthiopian Airlines, the largest network operator in Africa, announced Monday that it has commenced a passenger flight to Amman, Jordan, as of September 19, 2022. The flight will be operated thrice weekly. With the easing of the negative effects Covid-19 have had on the aviation industry, international air travel has seen an encouraging…

Drivers’ penalty payment system launched through telebirr
Spread the NewsEthio telecom, Addis Abeba Traffic Management Agency, and Addis Abeba Police Commission signed a memorandum of understanding to implement the drivers’ traffic penalty payment through telebirr. Accordingly, Ethio telecom is now capable to implement the drivers’ traffic penalty payment via telebirr, the prominent digital payment system, in order to address the problem of…

Nib Bank, Insurance, private firm sign insurance premium financing agreement
Spread the NewsIn pursuit of their strategic aspiration to expand customer base and boost growth, Nib Insurance Share Company and its sister company Nib International Bank signed a tripartite agreement with Gasha Commission Agent PLC to launch a premium financing scheme for code 1 and 3 public transport service provider vehicle owners. The agreement aims…

Tecno Style, Uni-Confort Maroc Dolidol forms Joint Venture
Spread the NewsAn official JV company has been established with the Moroccan giant mattress and related products producer – Uni-Confort Maroc Dolidol, and Techno style – one of Ethiopians major furniture and related product producer. Ethiopian Investment Commission (EIC) said it will fully support this partnership in order to maximize their job creation, export rate…