The Ministry of Agriculture (MoA) has unveiled plans to establish 18 livestock collection centers in nine pastoralist and semi-pastoralist clusters, aiming to enhance Ethiopia's livestock market. The centers will be constructed in key livestock regions, with three clusters each in Oromia and Somali, one in Afar, and two in the South and South West states.
Coffee and Tea Development and Trade Authority is going to be established to advance Ethiopia’s benefit from the sector, according to the Ministry of Agriculture (MoA).
A mobile phone application called Nedaj was launched on Saturday after an agreement was inked between the Commercial Bank of Ethiopia (CBE) and EagleLion Systems Technology Company. The agreement was signed by Dahlak Yigezu, CBE’s Digital Banking Vice President and Besufikad Getachew, CEO of EagleLion.
The application which will allow customers to carry out fuel transactions digitally is expected to establish a convenient and fast payment system. Vehicle owners and gas stations can use the service by installing the application on their mobile phones and connecting it to CBE-Birr, a mobile banking service streamed by CBE.
According to Besufikad Getachew, “it is possible to upgrade the mobile phone application, which has great importance to vehicle owners, gas stations, and fuel regulatory bodies, by modernizing our country’s fuel marketing”.
Source: Fana BC and Capital Ethiopia
Image source: Fana BC
Ethio Telecom, Ethiopia’s telecom monopole, disclosed the number of mobile subscribers reached 53 million. The figure shows an 11 percent increase when compared to the previous fiscal year’s.
Ethiopia is constructing modern engine factory that can produce different types of engines, Tigrai Online reported.
