Latest Business Alerts

TAF Oil Inaugurated its First Fuel Station in Addis Ababa

TAF Oil PLC opened its first fuel station in Addis Ababa, Ethiopia. The station is located in Mekanissa area. The opening ceremony was held on Saturday, March 9. TAF is planning  to open eight additional fuel stations in Tigray, Amhara, Oromia and Gambella Regional states of Ethiopia.

TAF was established in 2008 by three  with 56.3 million birr authorized capital. TAF Oil commenced operations in January 2011 in Gelan, Oromia Special zone. In less than two years TAF has increased the number of its fuel stations to 18, located in the capital and  different regional states. Add a comment Add a comment

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Anbessa City Bus to Introduce E-ticketing

The Addis Ababa City Administration Transport Bureau is to introduce electronic ticketing (e-ticketing) for the Anbessa City Buses. The new system is in response to problems related to ticket issuance.

The new electronic ticketing system will replace the existing paper tickets that need to be purchased for each fare and each bus used. The e-ticketing system will allow commuters to use one pass ticket for multiple travelers. Add a comment Add a comment

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Innovation Africa Digital Summit kicked Off in Ethiopia

The 11th Innovation Africa Digital Summit opens yesterday March 19, 2013 in Addis Ababa, Ethiopia. This years event has drawn participants from diverse fields including, ministers, policy makers, regulators, service providers, end users, finance companies and international agencies, among others.

The Summit is convened to discuss the need to create sustainable national and international growth and development of the African Telecoms and information communication technology ecosystem.The theme of the summit is “National Broadband Strategies and Agendas: Acceleration and Alignment”.

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Africa Bamboo Workshop Held in Ethiopia

The government of China is to support Africa to utilize its rich bamboo resource, Chinese Ambassador to Ethiopia said on the Africa Bamboo workshop held on Friday 15 March and organized by the Ministry of Agriculture and International Network for Bamboo and Rattan (INBAR) to discuss bamboo development in the continent.

Speaking at the opening of the workshop, Ambassador Xie Xiaoyan said that the Chinese government will provide continued assistance to Africa in the development of its bamboo industry in many aspects. Add a comment Add a comment

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Ethiopian Company to Establish Paper Products Factory

The Twins PLC, an Ethiopian Company announced plan to establish a paper products factory with 60 million birr capital. The Company's Managing Director, Lemma Habtemariam told ENA that the factory will create jobs for a number of citizens. The Company, established three years ago with 10 million Birr capital, has created jobs for some 40 citizens at present.

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