The Third Addis Agro-Food Exhibition Kicks Off in Ethiopia
The third Addis Agro-Food Exhibition kicked off on November 27, 2015, at the Addis Ababa Exhibition Center, Ethiopian Herald reported.
The World Economic Forum has Awarded Ethiopian the Global Growth Company of 2015 Certificate
Ethiopian Airlines is pleased to announce that it has received the Certificate of Global Growth Company of 2015 from the World Economic Forum on September 8, 2015 in Dalian, People’s Republic of China.
The year on year inflation rate in Ethiopia falls to 20.9% in June
Year on year food prices also lowered to 21.5% from 29.2% in May while non-food inflation increased slightly to 19.8% from 19.6% in the previous month said the agency.
Prices did not show any change month on month.
The inflation rate in Ethiopia is expected to keep decreasing and reach single digit figure in November.
The year-on-year inflation rate fell to 32% in the new year compared to 35.9% in December. It, however, rose to 36.3% in February. It has been steadily decreasing from March onwards. It was 32.5% in March, then fell to 29.8% in April.
Source: Reuters
ThermoHelix Planning Waste-to-Energy Plant in Ethiopia.
ThermoHelix, a Canadian company that manufactures power generation systems from solid waste and sludge, announced plans to finance and erect a Waste-to-Energy plant in Ethiopia.
The company has already submitted its proposal to the Ethiopian Electric Power Corporation (EEPCo) and Addis Ababa City Administration to engage in the waste energy project back in December 2012.Three Ethiopian Banks Launch Common E-Payment System
Three Ethiopian Banks, United, Nib and Awash bank officially launched Premier Switch Solutions, a company set up to administer there shared electronic banking system.
The company officially launched operations ready to offer services through a network of 60 ATM machines and 160 point of sale terminals for all clients issued PSS cards by the three owner banks.
The presidents of the three partner banks handed out awards in recognition of the support received to set up the company to the National Bank of Ethiopia, Ethio-Telecom and the Document Authentication & Registration Office.
