Phoenix Group, a portfolio company of International Holding Company (IHC) and a global operator of digital asset infrastructure, has launched a 30-megawatt (MW) crypto-mining and digital infrastructure facility in Addis Ababa, Ethiopia.
The Main Department of Immigration and Nationality Affairs of Ethiopia is testing a system to facilitate passport provision to citizens.
Pittards PLC, British company investing in Ethiopia, disclosed it intends to increase its production capacity by threefold in the coming two years.
Pizza Hut, a division of Yum! Brands Inc. (NYSE: YUM), entered the African market in September 2014 by opening its first store in South Africa. The Pizza Hut Africa team, gathered today in Addis Ababa with its new franchise partner, Aschalew Belay, to celebrate the future entry of the Pizza Hut brand in Ethiopia. Pizza Hut and Mr. Belay plan to introduce Ethiopians to the Pizza Hut brand within the next 6 months. Pizza Hut is the world’s largest pizza chain with more than 16,000 restaurants in over 100 countries worldwide.
The plan to build an abattoir facility in the Hanna Mariam area has been abandoned by the Addis Ababa Abattoirs Enterprise (AAAE) and the construction is going to move two kilometers away from the original location.
