Ethiopia: Chamber Launched E-Directory
Ethiopian Chamber of Sectoral Associations launched its first e-directory. The Chamber’s move was in the aim of modernizing businesses’ communication and interaction.
Ethiopia: Chamber of Commerce and AAU signed MoU to Forge Closer Ties
The Ethiopian Chamber of Commerce & Sectoral Associations and Addis Ababa University yesterday signed a Memorandum of Understanding (MoU) to work together.
Ethiopia: Chapa Launches New Payment Service
Chapa Financial Technologies, an Ethiopian fintech company, has launched a gateway service that enables organizations and business to accept and make payments worldwide using multiple channels.
The company’s founder and CEO Israel Goytom said “with more than 110 million people, Ethiopia is the second largest country by population in Africa, but fragmented payments have been a significant problem for most Ethiopian business and entrepreneurs. We have acquired and established holy-grail tools, exclusive technologies and methodologies to ensure the production of qualified hi-tech fixes for our customers. Now, business can focus on scaling their businesses while we handle their payment issues”.
Chapa was founded in 2020 by entrepreneurs Israel Goytom and Nael Hailemeriam. The National Bank of Ethiopia officially licensed the homegrown fintech company in May 2022. The company's primary mission focuses on building payment APIs and payment tools for ambitious Ethiopian businesses.
Source: Fana BC and Newsfile
Image source: Fana BC
Ethiopia: Chemical Industry Corporation Reports Strong Revenue Growth
The Chemical Industry Corporation (CIC) announced a revenue of Birr 5 billion from its industrial chemical input products over the past eleven months. Its revenue grew by 28.9% compared to the previous year’s figures.
Ethiopia: Chemical Industry Restructures Roadmap
A roadmap that will enable the chemical industry in Ethiopia to manage its development has been restructured, the Chemical and Construction Inputs Industry said.
Director of the Chemical and Construction Inputs Industry Development Institute, Deyesa Leta, said at the consultation session on the roadmap with stakeholders of the industry, "The finding of the research has shown vast technological and expertise gaps in the Ethiopian chemical industry."
