EthioChicken Opens Dedicated Poultry Laboratory

May 8 , 2021


EthioChicken, one of the biggest poultry producers in Ethiopia with five farms across the country, has launched the first dedicated poultry laboratory in the country. Located in Bole District around Bole Rwanda, the laboratory is equipped to detect five types of aviary diseases. The project was jointly funded by Zoetis, a global animal health company, and the Bill & Melinda Gates Foundation, a non-profit organisation. Both combined spent up to 200,000 dollars for the training of professionals and awareness creation on the poultry industry, while construction of the laboratory took an estimated 50,000 dollars. The operationalisation of the laboratory is crucial in assessing the effectiveness of vaccinations. Prior to this, EthioChicken used to send samples to South Africa. The current poultry population of Ethiopia is estimated to be around 60 million, out of which 37.9pc are chicks and only 33.6pc are laying hens.


Radar

Abyssinia Bank Strategic Moves Pay Off, Driving Profit Growth

The Bank of Abyssinia (BoA) enjoyed another profitable year, amassing 4.23 billion Br net profits, an increase of 10.5pc from last year. The Bank announced total assets of 222.3 billion Br, surging by 17.3pc. Total deposits mobilised through the year climbed by 33.97 billion Br to 192.51 billion Br, while loans and advances reached 167.7 billion Br. However, the bank exhibited a nominal decline in its foreign currency earnings totalling 424 million dollars. Earnings per share also showed a ma...


Radar

$100m Project Mulls Public Transportation Make-Over

A 100-million-dollar project aims to manufacture over 5,000 diesel-powered and electric public transport vehicles for the capital. The proposed project was launched hoping to replace the ageing vehicles and improve safety, efficiency and quality across the city's urban transport system. Last week saw an MoU inked between executives of Multiverse Enterprise Plc and Addis Abeba Minibus Associations and was held at Vamdas Entertainment near Megenagna. The agreement includes plans to replace 15,000...


Radar

Safaricom Soars with 6.1 million Customers

Safaricom Ethiopia reported significant commercial growth in the first six months of the 2025 fiscal year (April to September 2024), with notable increases in both mobile (GSM) and M-PESA services. The company's network and services reached a population coverage of 46pc, growing from 30pc in the previous year. This expansion was supported by the addition of over 1,000 network sites, bringing the total to more than 3,000 across the country. Safaricom Ethiopia saw a surge in its customer base,...


Back
WhatsApp
Telegram
Email