2merkato

Using its refurbished Nanyuki railway, Kenya hopes to raise its cargo movement to Ethiopia, authorities said.

Ethiopia has launched ‘Telebirr’ - a mobile money service that allows customers of Ethio Telecom, the country's telecom services provider, to send, store and receive money using only their phone number. ‘Telebirr’ aims to extend mobile services to our financially excluded sections of society.

Ethiopia's Ministry of Finance has signed a grant agreement worth over $31 million with the African Development Bank (AfDB) aimed at supporting the efforts to end child stunting and malnutrition in Ethiopia.

Ethiopia and the World Bank signed loan agreements amounting to $200 million, aimed at supporting the implementation of Ethiopia's digitization program. Inking the agreement were Ahmed Shide, Ethiopia's Minister of Finance, and Ousmane Dione, World Bank's Country Director.

The Ethiopia Commodity Exchange (ECX) has signed an agreement with the Ministry of Mines and Petroleum "to leverage the exchange for commodities such as precious gemstones", Takele Uma, Minister of Mines and Petroleum said.

Ethiopian Ministry of Transport signed a memorandum of understanding (MoU) with DP World UAE, a maritime gateway and hub, for the development of the Berbera Corridor.

Ethiopia's Bazra Motors has signed a deal with the Russia-based Ulyanovsk Automobile Plant (UAZ) to establish a car assembly plant in Ethiopia. The plant will be located in the city of Kombolcha.

Ethiopian Airlines Group, Africa's largest airline, has been honored with gold award for the volume of cargo transported to and from Guangdong Airport in 2020, the Airline stated in a statement sent to 2merkato.com. Logistics of Guangdong Airport Authority Co. Ltd. has awarded Ethiopian as the Gold Award winner of International Airlines Cargo Volume during the 2021 Logistics of Guangdong Airport Authority Client Seminar, held in Guangzhou.

The Ethiopian Communications Authority (ECA) has announced that the bid for two new nationwide telecommunications service licenses has closed today. The Ethiopian Ministry of Finance, in a tweet, has declared bids have been received from two giant telecom operators, MTN Group Limited, and a consortium including Safaricom (Kenya), Vodafone Group (UK), Vodacom Group (South Africa), CDC Group (UK), and Sumitomo Corporation (Japan).

Ethiopian Airlines Group, Africa’s leading airline, has become the first African airline to conduct a trial of IATA Travel Pass, a digital travel mobile app to enhance efficiency in testing or vaccine verifications. In a statement sent to 2merkato.com, Ethiopian noted IATA Travel Pass initiative helps verify the authenticity of test information presented by travelers which is essential for ensuring the safety of passengers while complying with entry requirements of countries.