Latest Business Alerts

India to Follow Through on Agreement Reached with Ethiopia

India is to establish a Barefoot Training College, an ICT Center and a Farm Science Center in Ethiopia as part of the pledge to support 80 capacity building institutes in Africa at the Second India-Africa Forum Summit held in Addis Ababa last May.

The new institutions will be in addition to the Vocational Training Center agreed upon at the first India-Africa Forum according to Bhagwant Bishnoi, Indian Ambassador to Ethiopia speaking at the Indian Technical and Economic Cooperation and International Students day event held at the Hilton Addis Hotel.

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Ethiopian Airlines Re-designs Website

Ethiopian Airlines, Ethiopia’s flag carrier, revealed its new and enhanced website. The newly redesigned website is expected to be more user friendly.

The airlines’ is delighted to improve its customer’s ability to do business with it by enhancing the website said according to Tewolde Gebremariam, Chief Executive Officer of Ethiopian Airlines.

The newly redesigned website will support the airline’s global call center and the various agent offices to be found around the world allowing customers a range of options to communicate and interact with Ethiopian he said.

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Dalol Oil Ethiopia Launches Operation

Dalol Oil Share Company, Ethiopia has launched operations according to a statement released by the company.

The company has begun operations with four fuel stations and a depot becoming the fourth domestic fuel retailer in Ethiopia.

Dalol is set to open two more stations in Hawassa and Wolenchiti where the company’s depot is also located.The company also expects to set up fuel stations in Gondar, Jijiga, Hossana and Semera regional towns.

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Ethiopian Airlines to Offer Forwarding Services for Horticulture Products

Ethiopian Airlines, Ethiopia’s flag carrier, Cargo Division announced plans to forward horticultural products from farms to the international market last Thursday at a briefing session at the Radisson Blu Hotel.

The meeting was chaired by Tewolde Woldemariam, Chief Executive Officer and Haileselassie Tekie, Director General of the Ethiopia Horticultural Development.

Ethiopian Airlines has never made a significant profit from horticulture cargo but is committed to supporting the sector noted Tewolde.

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Samsung to Set Up Traffic Management Center in Ethiopia

Samsung is to set up a new Traffic Management Center to offer a centrally controlled traffic system in Ethiopia’s Capital, Addis Ababa.

The South Korean electronics company is in the process of conducting a pre-feasibility study and is expected to secure a loan from the Korean Import-Export Bank to finance the project.

The project was first discussed between representatives from Samsung and the Addis Ababa City Roads Authority in November of 2010 according to Engineer Fekade Hailu, General Manager of the Addis Ababa City Roads Authority.

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