New Gold Mining Ventures Set Foot in Konso

Apr 30 , 2022

Two gold mining sites spread across eight hectares of land in the Konso Zone of the Southern Regional State have commenced work. Two cooperative unions comprising around 100 unemployed youth have begun digging in small-scale mines opened last week. Officials say the sites also hold granite deposits and precious metals in addition to gold. Close to 4,500tn of gold was shipped abroad over the first half of the fiscal year, generating 272 million dollars. The figure is slightly less than gold export revenues from the same period last year. A little under three tonnes of the exports was sourced from artisanal miners. A total of 283 million dollars was generated from the export of minerals over the six-month period.


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, 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...