FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




DHL-Ethiopian Logistics Services Gets New Boss

Sep 28 , 2019


[ssba-buttons]

Berhanu Kassa became the new director general of DHL-Ethiopian Airlines Logistics Services, a joint venture company that was formed by Ethiopian Airlines and DHL Global Forwarding. Berhanu, who was the director of the logistics service at Ethiopian Airlines, replaces Pramod Bagalwadi. The company has been building up its strength in the past year, according to Berhanu, who has also served as director of cargo, global sales & services and the country manager of Angola. It has already set up three stations in Addis Abeba Bole International Airport and in the major manufacturing hubs of Hawassa and Bole Lemi industrial parks. “We're planning to launch a fourth station at the Modjo Dry Port by early 2020," he said. "Our stations are strategically located to give us easy access to our customers, allowing us to achieve time and cost efficiency." The two parties signed the joint venture agreement last year following the government’s decision to liberalise key sectors of the economy.  


Radar

Coffee Export Platform Links Ethiopian Roasters with Overseas Consumers

Ethiopian coffee roasters have gained a direct route to international consumers through a multi-brand e-commerce export platform launched by DHL Express Ethiopia and EXM Global PLC. The companies say it is the first platform of its kind in Ethiopia. Bringing together 10 Ethiopian coffee brands in a single digital marketplace, the platform enables overseas customers to order freshly roasted coffee in quantities ranging from speciality retail purchases to larger commercial volumes. DHL Express...


Radar

Addis Abeba Clears 59Km of Rivers, Remains Short of Halfway

Addis Abeba has completed 59Km of river cleanup and development work, although total coverage has yet to reach 50pc. Mayor Adanech Abebe said the 59Km stretch was transformed in one and a half years as she presented a comprehensive review of the city's strategic plan from 2022 to 2026. Mayor Abebe described the progress as a major "breakthrough", saying the work relied entirely on the city's funding, engineers, architects and workers. By comparison, she said, a world-renowned foreign contract...


Radar

Kisse Platform Brings Collateral-Free Microloans Through Agent Network

Mefithe Microfinance S.C., MZ Tech, and Arifpay Financial Technologies S.C. have launched “Kisse”, an agent-powered digital microloan platform designed to expand access to finance for micro and small enterprises. Through trained local agents, borrowers can apply for collateral-free, short-term business loans. Once approved, the funds are transferred to mobile wallets or bank accounts through Arifpay's payment gateway. The partners said loans can be disbursed within hours. Under the par...