Enterprise Earns 200m Br

Apr 13 , 2019

The nation’s first toll road has generated 204.8 million Br in the first three quarters of the current fiscal year, achieving 86.5pc of its plan. The Ethiopian Toll Roads Enterprise reported that 6.3 million cars used the road and generated 191.5 million Br. Advertisement and towing services generated the remaining 13.3 million Br. Built for 11 billion Br, of which the government covered 43pc, the road extends from Addis Abeba to Adama. The 31m wide, six-lane toll road took five years to complete. It operates with 600 permanent and temporary employees and has seven toll plazas that collect fees.


Mobile Apps Streamline Container Handling

A Chinese private logistics company availed its multilingual mobile applications designed to streamline container handling processes for local businesses. Dubbed arl-shipping.com, the apps are available in Amharic, Oromo, Somali, and Tigrigna, with a competitive monthly fee. Company managements aim to tackle inefficiencies by scanning truck license plates, container IDs, and other details, reducing manual data entry and the potential for errors. Users can also record gate movements with times...


Private Investment Takes Flight in Aviation Industry

Local private operators received the green light last week to expand their services beyond charter flights, offering regular passenger and cargo options. This move by the Ethiopian Civil Aviation Authority is expected to boost the air transport sector, attracting private companies to invest in air travel services. The Authority is partnering with private investors to improve air transport infrastructure by building over 21 new airstrips and helipads in previously underserved areas. Officials...


Safaricom Ramps Up Network Expansion with Locally Made Poles

Safaricom Ethiopia has initiated a three-month procurement process to acquire a total of 68 poles from Woda Metal, the first telecom pole manufacturer in the country. The initial batch of 13 poles was delivered last week, marking a milestone as the first use of domestically produced poles in Ethiopia's telecom sector. Wim Vanhellputte, CEO of Safaricom Ethiopia, praised the high quality and affordability of Woda Metal's poles, which will be crucial for their network expansion goals. The co...