Gov’t seeks to boost mining sector share in Ethiopia’s GDP

Gov’t seeks to boost mining sector share in Ethiopia’s GDP

The government disclosed that it has a plan to boost mining sector share in the Gross Domestic Product (GDP) of the country. Mining contributes only 1% to the GDP of Ethiopia. “We’ve a plan to increase mining’s sector to 17% in ten years,” Takele Uma (Engineer), Minister of Mines said Thursday while the International Mining…

Coca Cola Beverages contemplates to acquire sugar factory in Ethiopia

Coca Cola Beverages contemplates to acquire sugar factory in Ethiopia

By Kaleyesus Bekele Considering the critical sugar shortage in the local market, Coca Cola Beverages Africa-Ethiopia is contemplating to buy one of the state owned sugar factories which the Ethiopian government floated for sale. Soft drink makers use sugar as the main industrial input to produce soft drinks. Though the Ethiopian government has built ten…

EthSwitch to implement shared security operation center for financial sector

EthSwitch to implement shared security operation center for financial sector

  EthSwitch Share Company, Ethiopia’s National Switch, has commenced a project to implement a shared Security Operation Center (SOC) for the financial and payment industry. Project’s commencement was disclosed on Thursday during a program held at Inter-Luxury Hotel, organized by EthSwitch for the financial industry executives and other stakeholders. The project will be co-implemented By…

Ethiopian, Travelport renew partnership

Ethiopian, Travelport renew partnership

By Kaleyesus Bekele Ethiopian Airlines and Travelport International Operations Ltd today signed an agreement that would enable them to extend their partnership for the coming five years. Travelport is a UK based company that provides airlines with passenger booking and air ticket sales system. Airlines use Global Distribution System (GDS) to work with ticket agents…

Ambassador Ito Takako: “There’s increasing interest of Japanese businesses to invest in Ethiopia”

Ambassador Ito Takako: “There’s increasing interest of Japanese businesses to invest in Ethiopia”

Ethiopia and Japan, nations with ancient history and civilization, have long relations dating back to 1930 where the two countries signed a Treaty of Amity and Commerce. This was followed by a visit of Ethiopian Foreign Minister Heruy WeldeSillassie in 1931 to Japan to create economic cooperation. When it comes to their investment relations, Japanese…

Ethiopian calls on satkeholders to embrace e-commerce

Ethiopian calls on satkeholders to embrace e-commerce

Ethiopian Airlines has called on stakeholders to embrace e-commerce services in the logistics sector, which the world is expediting the services. “The normal Cargo is in the process of transmuting into E-Cargo system following the change in working system from international e-commerce giants such as Amazon and Alibaba,” said Mr. Girma Wake, Board Chairperson of…

Ethiopian commences passenger flight to Bulawayo, third destination in Zimbabwe

Ethiopian commences passenger flight to Bulawayo, third destination in Zimbabwe

  Ethiopian Airlines launched a new flight to Bulawayo, Zimbabwe, via Victoria Falls starting from Sunday, 30 October 2022. Ethiopian has started four weekly flights to Bulawayo, a third destination city in Zimbabwe after Harare and Victoria Falls and a third new destination opened after the pandemic. With the addition of Bulawayo, Ethiopian global destinations…

Awash Insurance unveils new logo, business motto   

Awash Insurance unveils new logo, business motto   

Awash Insurance Share Company has unveiled its new logo and business motto. The logo unveiling program held on Saturday at Hilton Hotel.  The new business motto of Awash Insurance reads as: “We Flow with You”. Rebranding of the logo has been done by internationally experienced institution from Kenya dubbed Brand Integrated Consulting, which is a…