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Tsehay Insurance Company, Ethiopia launched operations last week to become the 15th insurer to join the sector.

The company began operations at its three branches found at Piassa, Merkato, and Haya Hulet Mazoria with its main office located in Somali Terra to be operational in the near future according to Teshome Aklog, Chief Executive Officer of Tsehay.

The insurance company began selling shares at the same time as Tsehay Bank, dissolved since, with 90% of the shareholders in the bank with shares in the insurance company said Demessew Kassa, Project Manager of the company.

Du Pont, an American Fortune 100 company, is set to expand and diversify operations in Ethiopia.

The company aims to provide what Ethiopian farmers need by providing selected seeds as its revenue in the region said Jim Borel, Vice President of Du Pont.

The company has meet with Tefera Derbew, Minister of Agriculture and is in the process of enhancing its seed production and conditioning facilities in Ethiopia for maize production explained Borel.

Ethiopian Airlines, Ethiopia’s flag carrier, has won the “The Annual Airline Reliability Performance Award” from Bombardier Aerospace, for the second time in a row.

The airline earned the highest total dispatch reliability to place first overall in the Q-400 product category for the African and Middle Eastern Region.

The award was received by Mesin Tassew, Chief Operating Officer of Ethiopian at the annual Airline Reliability Performance Awards Gala dinner which was held in Florida, USA on the 30th of April.

The Ministry of Trade, Ethiopia awarded exporters of oilseeds, pulses, cereals and spices that registered better performance. The award was given by Kebede Chane, the Minister of Trade.

Ethiopia has secured 461 million US dollars from the sector in the past nine months said Kebede at the award ceremony.

Oilseeds, pulses, cereals and spices exporters need to work in a coordinated manner to enhance the income that the country can get from the sector he noted.