New Player Joins Food Delivery Business

Nov 21 , 2020


A firm called eBiz Online Solutions Plc has released a new food takeout and delivery app dubbed Megbia (megbia.com). Developed in-house by parent company 2merkato.com,eBiz has registered restaurants on the app and has availed the service to the residents of Addis Abeba. 2merkato.com was set up by eCom Advertising a little over a decade ago, and the latter was incorporated as eBiz Online Solution Plc in 2014. eBiz provides integrated information on the Ethiopian market and serves as a guide to customers who wish to do business or shopping in the country. The project has taken nearly two years to come to fruition, according to Addis Assefa, editor and coordinator at eBiz. “The first year was spent in developing the business concept and data collection, and the second year was used to develop the app and refine the concept,” Addis said. The app provides its services in two languages, English and Amharic, and provides the option of a search engine that recognises neighborhood names in the capital city. “This is invaluable in a place like Addis Abeba where people hardly use street names,” said Addis. Currently, the app is available on Google Play Store and will soon be released on the App Store. The service also has a functional call centre (6131) that customers can use in place of the app.


Radar

Coffee Exports Bring in $1.5B in Third Quarter

Ethiopia has earned 1.5 billion dollars from coffee exports over the nine months of the fiscal year. The country had set a target to earn a little over a billion dollars by exporting 201,959tns of coffee during the same period. According to Adugna Debella (PhD), director general of the Ethiopian Coffee & Tea Authority, the export strategy continues to focus on major international markets, with the top 10 destinations, including Saudi Arabia, Germany, and the United States (SU), accounting...


Radar

Central Bank Holds Fourth Exchange Auction

The National Bank of Ethiopia(NBE) sold one dollar for 131.4961 birr in its recent auction. It was reported that 26 banks participated in this auction, which took place last week on Thursday. In a statement issued by the National Bank  following the auction, it was indicated that 70 million dollars was offered for the event. Subsequently, it was reported that 96 pc of the foreign exchange needs of the participating banks were met. In the previous auction, held 15 days ago, the bank had of...


Radar

City Registers 64,075 Births in Fiscal Year

The city has exceeded its birth registration target for the first nine months of the fiscal year, registering 64,075 children—71.15pc more than the set goal of 58,342. This success, with a registration coverage rate of 109.63pc, is largely attributed to the efficiency of the one-centre birth registration service system, which has been rolled out across health centres and courts. The total number of vital events registered, including births, adoptions, marriages, divorces, and deaths, reache...