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Ethiopia: Vehicle Sales and Loan Agreements Account for 89% of DARS’ Revenue

Details
Category: Latest Business Alerts

DARS DARS DARS

The Documents Authentication and Registration Service (DARS) has announced that it has processed 897,071 cases and received over Birr 1.77 billion in the 2022/2023 fiscal year. Alemshet Meshesha, the service's Public Relations and Communication Director, stated that they had achieved their set plan for the period.

Last Updated on 18 July 2023
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Ethiopia: Vehicles Transported by Ethio-Djibouti Railway Arrive at Addis Ababa

Details
Category: Latest Business Alerts

Ethio-Djibouti RailwayEthio-Djibouti Standard Gauge Railway Share Company transported vehicles for the first time. The shipment of 25 vehicles arrived today in Addis Ababa. The company announced that it had a capacity of transporting 240 vehicles with a single trip.

It was reported that the transport services of the railway were preferable in terms of speed, price, and automobile safety. Transporting vehicles from the port of Djibouti using trucks takes days.

The railway company was established in 2017 with an initial capital of USD 500 million based on the bilateral investment agreement between Ethiopia and Djibouti which was signed in December 2016.

Source (including image): Ethiopian News Agency

Additional sources: Fana BC and Ethio-Djibouti Standard Gauge Railways Share Company

Last Updated on 25 August 2022

Ethiopia: Velocity Apparel to Commence Textile Production in Mekelle

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Category: Latest Business Alerts

Dubai’s Velocity Apparel Companies Plc is about to commence textile production in its plant in Tigray by the end of October 2015, Addis Fortune reported.

Last Updated on 26 August 2015
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Ethiopia: Vessel Docks at Berbera with 758 Somaliland’s Containerized Cargos

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Category: Latest Business Alerts

Jigjiga, a vessel of the Ethiopian Shipping and Logistics Services Enterprise (ESLSE), docked at Berbera port with 758 Somaliland’s containerized cargos setting a new record on containerized cargo shipment to the port.

Last Updated on 14 September 2022
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Ethiopia: Viditure Technology Solutions PLC to Launch the First E-Signature Application

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Category: ICT and Telecom

Weleta ViditureViditure Technology Solution PLC announced that it was set to launch its all-new digital/E-signature application, Weleta. Weleta, which will be the first digital signature technology in Ethiopia, is expected to replace wet signatures with electronic ones.

Last Updated on 05 July 2023
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