2merkato

Ethiopia's Ministry of Revenues announced that it has collected over 107.6 million birr in the past four months. The amount exceeds the target set for the period, standing at 103 percent.

Ethio Lease, the first equipment leasing company to be licensed by the National Bank of Ethiopia, announced it has distributed 85 combine harvesters to beneficiaries, ten of which have been delivered to the Ethiopian Agricultural Business Corporation.

eBiz Online Solutions PLC announced the release of its new app named Megbia (megbia.com). This app helps users find local businesses and order food takeout and delivery from anywhere in Addis Ababa. Developed in house by the parent company of 2merkato.com, Megbia has the Ethiopian audience in mind since its inception.

eBiz disclosed that hundreds of restaurants and thousands of local businesses are listed on the app. Users can get takeout and delivery service from dozens of restaurants.

Ethiopia's Ministry of Mining and Petroleum announced it will be entering joint venture agreements with various local and international companies to avail state-of-the-art mining laboratories and melting machinery.

Ethiopian Airlines said it has prepared 21 cargo freighters to transport COVID-19 vaccine across the globe. Fitsum Abadi, Managing Director of Ethiopian Cargo, said the cargo freighters the airline has prepared include Boeing 777 and 787, as well as Airbus A350, all converted to handle cargo services for the vaccine's distribution.

Ethiopian Airlines Group has won the ‘Overall Excellence for Outstanding Crisis Leadership 2020 Award’ from Global Finance magazine. The award recognizes companies that went above and beyond in responding to the global pandemic crisis and in assisting their customers, protecting their employees and providing critical support to society at large.

Ethiopian Airlines received two new Airbus A350-900 aircraft, adding to its 14 Airbus fleet. These two are the first of ten A350-900 it ordered in 2017.

In collaboration with Ethiopia, the United Kingdom and Germany have set up a new fund to support Ethiopia’s textile and garment industry, with special consideration of COVID-19’s effect on the economy. The partnership has $6.5 million invested at its launch and aims to safeguard the industry.

Ethiopian Cargo & Logistics Services, Africa’s largest network cargo operator and multi-award winner, has been crowned with the ‘Best Cargo Airline – Africa’ Award at the Air Cargo News Awards 2020. Ethiopian received the accolade for its leading role in air cargo service in Africa.

Ethiopia's Ministry of Finance announced that preparations are underway to privatize ten sugar factories. This will be done in a way that will be of benefit to the country, the Ministry emphasized.