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Awash International Bank, an Ethiopian private bank, is expected to announce the winning bidder for the supply of 100 Automated Teller Machines and 80 point of sale terminals.

Six companies has participated in the bid, including M2M Group, a Morocco based company represented in Ethiopia by MOTI Engineering PLC; Copy Cat, an Indian company with Office in Ethiopia; and CBM represented by SSC in Ethiopia. Add a comment Add a comment

Ethiopia has earned USD 89.75 million in revenue from leather export during the current Ethiopian Fiscal Year, according to Leather Industry Development Institute (LIDI).

LIDI Corporate Communication Director, Berhanu Serjebo, told WIC that about USD 74.65 million of the total from the total revenue was secured from finished leather products. Add a comment Add a comment

Ethiopian micro finance institution, Dedebit Credit and Saving Institution S.C (DECSI) reported it has disbursed 728.5 million Ethiopian birr loan during the past nine months.

Company Operation Manager, Yonannes Gebremeskel, told Walta Information Center, the loan was disbursed to individuals engaged in Small and medium enterprises. Add a comment Add a comment

The Ethiopian Shipping & Logistics Services Enterprise reported a profit of 593 million Ethiopian Birr, in the last nine months of the current Ethiopian Fiscal Year.

The Enterprise's total revenue stood 5.6 billion Br, about five billion Birr of its total revenue is accounted for operational expenses, including voyage costs, demurrage fees, salaries and port expenses. Add a comment Add a comment

Ethiopia earned over 2.2 billion USD from export of different products during the last nine months, the Ministry of Trade said. Public relation and communication affairs office head with the Ministry, Amakele Yimam told Ethiopian News Agency that the amount was secured from export of 9.63 million tons of different products to 126 countries. Amakele said the amount exceeded by 59.83 million USD that of same period last year. Add a comment Add a comment

Global Computing Solutions PLC is now awaiting agreements between Ethiopia and Djibouti to kick start operations at the Port of Djibouti, according to Bekele Gabremedhin, Chief Executive Officer (CEO) of the Location Based Service operated by Global Computing Solutions.

Among the six places selected for operations in Djibouti only one site is left to be managed and operated by GCS and the rest are to be handled by the Djiboutian side. Add a comment Add a comment

MTN Ethiopia signed a 6-million Ethiopian birr sponsorship contract with the Ethiopian Football Federation (EFF). The sponsorship agreement is aimed at supporting the national football team, the Walias, for one year period, with the a possibility of extension.

As part of the agreement, MTN Ethiopia will be a second-tier sponsor, and the exclusive value-added services (VAS) provider of the EFF. Some of the benefits of sponsoring the national team include MTN Ethiopia’s association with Ethiopian Football Federation’s products, activities and services. Add a comment Add a comment

The U.S. government has launched the Camel Milk Value Chain Development Project in Somali Regional State, Ethiopia, according to a statement the Embassy sent to Ethiopian News Agency on Thursday, the new project will support up to 50,000 small-holder livestock keepers. The project is launched as part of the U.S. President's Feed the Future Initiative in Ethiopia through the U.S. Agency for International Development (USAID).

Experts from the International Organization for Standardization (ISO) are in Addis Ababa, Ethiopia to give trainings in quality standardization.

The two day training, organized in collaboration with the Ethiopian Standard Agency (ESA), is aimed at helping Ethiopia embrace international standardization methods, Daniel Zenebe, ESA’s communication and public relations head, told WIC. Add a comment Add a comment

Boeing 787 Dreamliners will resume flights following a fix for batteries soon, Ethiopian Radio and Television Agency said quoting Boeing Company officials.

Vice President of Marketing at Boeing Commercial Airplanes, Randy J. Tinseth and Engineering Leader, 787-8 Systems Boeing Commercial Airplanes, Richard J. Horigan said here Wednesday that professionals from Boeing Company are working in collaboration with the Ethiopian Airlines to fix the batteries. Add a comment Add a comment