Category: Ethiopian News

Ethiopia Shipping & Logistics Services Enterprise (ESLSE), collects 25.7 billion Br in revenues during the recently ended fiscal year

The revenue represents a 37pc increase from the previous year, according to Roba Megersa, CEO of the Enterprise, which also amassed 2.6 billion Br in gross profit during the reporting period.The revenue was generated from transporting a total of 11 million tonnes of import and export goods. During the previous year, the Enterprise transported seven […]

The Ethiopian Communication Authority (ECA) plans to grant two licenses for international telecom firms by end of this year

In accordance with the national telecom liberalization reform program the authority is to float an international tender that would enable it to select two international telecom firms which will operate in Ethiopia by September. The authority invited international telecom firms to submit expression of interest which are interested in operating in Ethiopia. Accordingly, 12 telecom […]

Ethiopia manages to produce more than 15,000 MW electric power during the concluded budget year

According to the Ethiopian electric power the country has not witnessed significant power outage over the last fiscal year due to full operations carried out in all power production units across the nation. The achievement has reportedly shown an increase of 9.5 MW compared to attainment of the same period in the previous fiscal year. […]

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