New E-commerce Platform Goes Online

December 21 , 2019

New E-commerce Platform Goes Online

Hulumale, a new e-commerce and promotion platform, is offering a new service to link sellers and buyers online.

The platform was developed by Mingiziem Misganaw, a lecturer at the Department of Information Technology at the University of Gonder, and Alemu Setargew, a technical assistant in the same department.

Sellers and buyers can use the platform via its website, mobile application and via the Telegram application.

Hulumale, which took three years to develop, is available on both the Google and Apple app stores. The platform operates in two languages, Amharic and English.

In addition to the online shopping tool, the company provides online advertisements and vacancy announcements, as well as student registration and prisoner information management.

To advertise items online, the platform provides gold and silver category services depending on the placement of the advertisement item on the website for a duration of 14 days. Besides, it also facilitates delivery services to the customers.

After selecting an item, customers can make an order by making payment through a bank transfer via Bank of Abyssinia.


Ministry Revokes Hundreds of Mining Concessions

The Ministry of Mines has revoked the licenses of 972 for alleged non-compliance with the terms of their exploration and production permits, and involvement in illicit trade.  Among those on the receiving end of the measure is Kefi Gold, a firm that has been conducting gold exploration in the Western Wellega Zone of the Oromia Regional State for over a decade. The 2,000hct exploration area is estimated to hold deposits of close to 50,000Kg of gold. Last week, the National Bank of Ethiopia ap...


World Bank, Fed Agree on $715m in Funds to Fight Food Insecurity

The World Bank Group and the Ministry of Finance have signed an agreement for 715 million dollars to go towards fighting food insecurity. Most of the financing (600 million dollars) is earmarked for the implementation of a Food Systems Resilience Programme. A third of the amount is in the form of grants, while the balance is credit. An additional 115 million dollars is pledged for improving access to financial services and bolstering economic activity in pastoralist areas. The areas target...



Youths checkout a booth at the AddisRupt Expo 2022, which was hosted at Safari Hotel on June 25, 2022. The expo focused on technological and entrepreneurial work, showcasing over 20 startups to visitors. The promoters of the expo aimed at connecting startups with investors and was organized by firms such as LinkUp Addis, Profit Marketing and Afromile Trading...