Local College Opens International Academy

Mar 14 , 2020

Lead Star College of Management & Leadership Plc opened a new international British school, Cambridge Academy at CMC, at a total cost of half a billion Br. The Academy, which rests on 25,000Sqm of land, provides education from kindergarten up to Grade 12. The school consists of five buildings with over 200 classrooms, four libraries equipped with 30,000 books, gyms, a soccer field, a children’s playground and a basketball court. It follows a British curriculum and offers music and art school, showers and a lounge in the compound with 30pc of the teachers from foreign countries. The owners aim to provide international educational opportunities to Ethiopians and expatriates students. The school registers students from three to 11 years old under the primary school, from 11 up to 14 years old under the middle school and from 14  to 18 years old under high school.


Geda Special Economic Zone Receives Prospective Tenants

East African Holding and Ethio-Chicken have been shortlisted to invest in the Geda Special Economic Zone(GSEZ), located in the tri-state area shared by Mojo, Adama, and Shashemene cities within the Oromia Regional State. The two companies were selected from 120 investors who showed interest in acquiring space in one of the largest SEZs in Africa. Close to 404hct of land has already been developed in the expansive economic zone, out of a potential 24,000 hectares, with lease prices set between...


Standard Institute Revamps Fees, Board Restructuring

The Ethiopian Standards Institute (ESI) is set to introduce fees for standards sticker, establish a new governing board, and address collaboration with other regulatory bodies. The Institute plans to strengthen its financial standing by charging fees for standards and product certification services to support its operations and annual budget. A key change involves replacing the current Council of Standards with an 11-member Board of Directors. The Minister of Trade & Regional Integration...


Safaricom Ethiopia Rolls Out its Network to Tigray

With 125 self-built towers, Safaricom Ethiopia has launched its operations in the Tigray Regional State. Executives disclosed plans to invest in an additional 166 towers and expand their reach to the remaining towns. "This is the most exciting milestone in Tigray since the return of social services," said Getachew Reda, president of the Interim Regional State Administration. In July 2021, the consortium-backed telecom giant entered Ethiopia's market, historically dominated by state-owned E...