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Ethiopia: Wegagen to Launch Mobile and Internet Banking

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Category: Latest Business Alerts

wegagen-logoWegagen Bank disclosed it is set to soon start giving mobile and internet banking for its customers.

Last Updated on 18 August 2014
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Ethiopia: Wereilu Starts Selling Opal

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Category: Energy and Mining

Opal 22

Wereilu, a Woreda in South Wolo Zone of Amhara Regional State, commenced selling opal from its opal mine production. South Wolo zone occupies the first place among the areas in Amhara Region which are identified as having high mineral resources. It is speculated that the zone is also endowed with other types of mineral resources including oil, opal and coal.

Last Updated on 15 May 2023
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Ethiopia: WFP Concluded Maize Forward Delivery Contract with Cooperative Unions

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Category: Latest Business Alerts

The World Food Program (WFP) concluded forward delivery contract for the purchase of 40,000tns  of maize from 29 farmers’ cooperatives’ unions, Fortune reported.

The WFP signed agreements with the Agricultural Transformation Agency (ATA), the Commercial Bank of Ethiopia (CBE) and four of the 29 unions, on Tuesday, August 27, 2013, at the Harmony Hotel.

Last Updated on 20 September 2013
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Ethiopia: Wheat Shipment Will Arrive at Djibouti in September

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Category: Latest Business Alerts

The second shipment of wheat, purchased by the Ethiopian government from Ukraine, is expected to reach the Port of Djibouti by the beginning of September. The total amount of the wheat is two Million Quintals.

Last Updated on 29 August 2014
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Ethiopia: Wind Farm Connects 16 Turbines to the National Grid

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Category: Latest Business Alerts

Aysha Wind Farm II announced that it was connected to the national grid after 16 of its wind turbines with a capacity of producing 40 MW conducted a test run.

The windfarm is located 700 km east of Addis Ababa in Shenelle Woreda of the Somali Regional State and has a capacity to generate 120 MW of power.

The wind farm’s 80% construction is now completed. It will have 48 turbines when it becomes fully operational.

Source: Fana BC

Last Updated on 19 September 2022

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