2merkato

Dalol Oil Share Company, Ethiopia has formally announced the official launch of its sixth fuel station in Suluta.

The new station is located on 3500m2 in a joint investment with a local investor at a cost of 4 million birr.  

The opening of the 6th fuel service station as well as a depot marks the official launch of the company said Esayas Eyesuswork, Chief Executive of Dalol Oil. The new service station expects to provide all kinds of fuel, lubricants, shops washing facilities and cafes.

Tsehay Insurance SC formally entered the insurance sector in Ethiopia at a ceremony held last Saturday.

The Insurance Company launched operations with its first branch opened in mid-May and currently has three branches located in the Abune Petros, Haya Hulet and Merkato areas of Addis Ababa.

The company is planning two more branches before the end of the current financial year in July in the Addis Ketema and Meshualkia areas.

Ethiopian Airlines, Ethiopia’s flag carrier, is set to launch flights to Sao Paulo Brazil as of the coming December. The flight will be the first regular flight to South America for airline.

The Airline will commence flights three times a week to Sao Paulo using the Dreamliner aircraft that Ethiopian anticipates receiving in August and September from manufacturer Boeing.

The Sao Paulo flight will be operated through Lome, Togo where the Ethiopian affiliate ASKY airline is based according to Tewolde Gebremariam, Chief Executive of the airline.

The 5th Agriculture Fair was opened in Ethiopia under the theme of Agriculture Development for Food Self-Reliance. The 1st Tourism Travel Fair was also launched simultaneously under its theme of ‘Tourism for Economic Development'.

The agricultural sector is very important to the overall economic development of the country and it is hoped that the exhibition will contribute to the national effort to increase income and achieve national food security according to Tefera Derbew, Minister of Agriculture speaking at the opening.

The exhibition is also expected to promote trade and investment in addition to facilitating experience sharing amongst participants he said. The fair is intended to create a platform for networking between manufacturers, suppliers and distributors and other stakeholders explained Teffera.