Samaka Stones, an Indian Limited Company has signed an agreement on August 10, 2015, with Ethiopian Ministry of Mines to mine marble in Benishangul-Gumuz Regional State, Ethiopia.
Samsung Electronics East Africa Ltd. officially launched new customer care service center in Addis Ababa, Ethiopia on July 23, 2015, Addis Fortune reported.
Tana Communication PLC and Samsung Electronics East Africa inaugurating Samsung’s first printer assembly plant in Africa last Monday.
During the inaugural ceremony Tana’s CEO, Sium Adugna, said that in addition to creating job opportunities plant will facilitate Ethiopia’s efforts in transfer of knowledge and technology.
Santim Pay Financial Share Company announced a digital financial payment system called Santim Pay. The system is entirely developed by Ethiopians in collaboration with Abyssinia Bank, Commercial Bank of Ethiopia, Bunna Bank, Awash Bank, Amhara Bank, Birhan Bank, Yimlu, and Tele Birr. It is expected to reduce the costs banks incur for software and POS machine purchases by 20%.
SantimPay Financial Solutions S.C. is set to expand its contactless payment network in Ethiopia with plans to deploy over 10,000 Point of Sale (POS) machines within the coming Ethiopian year (2017).
