FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo



Bahir Dar College Inaugurates Oxygen Plant

Aug 14 , 2021

[ssba-buttons]

An oxygen plant with the capacity to fill 300 cylinders daily has officially started operations in Bahir Dar City, Amhara Regional State, last week. Under Bahir Dar University Medical & Health Science College, the plant is the second in the city, following inauguration of an oxygen production centre in Felege Hiwot Hospital two years ago, which has the capacity to produce up to 60 cylinders a day. A severe shortage of medical oxygen crippled healthcare providers when the COVID-19 pandemic was at its peak in April and May 2021, and the number of severe cases hovered at around 1,000 people daily. Two oxygen plants, one in Ambo and another in the capital, were inaugurated just over three months ago with facilitation from the Ministry of Health.

Radar

Parliament Enacts Solid Waste Management, Disposal Proclamation

Parliament has unanimously passed the solid waste management and disposal proclamation, marking a decisive move toward environmental sustainability. It mainly introduces stringent penalties for the use and distribution of single-use plastic bags, focusing on reducing pollution and promoting responsible waste practices. Under the new proclamation, individuals carrying plastic bags face fines ranging from 2,000 to 5,000 Br, while commercial producers, importers, and retailers may be fined betwe...

Read more >>

Radar

NBE Sustains Dollar Supply as Exchange Rate Rises

The US dollar rose to an average of 134.95 Br in the seventh round of the National Bank of Ethiopia's (NBE) foreign exchange auction held on June 5, 2025. This marks a steady increase from 133.17 Br in the previous round and 132.90 Br in the fifth. In the latest bi-weekly auction, the central bank offered 50 million dollars to 12 commercial banks. By comparison, 60 million dollars was supplied to 16 banks at 132.96 Br in early May. In April, two auctions distributed 70 million dollars to 26 b...

Read more >>

Radar

Holland Dairy Unveils Cold Facility, Reinforces Eco Goals Through New Treatment Plant

Holland Dairy has officially inaugurated a cold storage facility and commissioned a wastewater treatment plant, marking a significant step forward in its commitment to growth and sustainability. The event was attended by the Mayor of Bishoftu and the Ambassador of the Kingdom of the Netherlands to Ethiopia, showcasing both national and international support for the initiative. The new cold storage facility, with a capacity of over 400,000 liters of yogurt, is designed to enhance supply chain...

Read more >>