Oil Company Expands Services through Outlets

Apr 29 , 2023


Drivers waiting in line to fill up their fuel tanks around the Bole area get to treat their sweet tooth as a gas retail outlet and ice cream shop partner to provide service. Sosida Gelateria & Bakery opened its sixth branch at one of the retail outlets of OLA Energy last week. According to the executives of OLA, the partnership is part of the company's mission to provide an all-in-one service place while customers make their way to one of its service outlets. The company plans to expand to non-fuel services partnering with car washes and repair services, financial technologies and fast food services. Formerly OiLibya Ethiopia Ltd, OLA Energy Ethiopia Ltd. rebranded last year and is on its way to integrating with retail outlets and channels that have been providing fuel, oil and lubricants through its 181 outlets.


Radar

Ethiopian Seafarers Contribute $50m Annually in Remittances

Ethiopian Maritime Authority disclosed 50 million dollars in annual remittances from seafarers deployed internationally. Abdulber Shemsu, the director general of the Authority, said Ethiopia's membership in the International Maritime Organisation (IMO), establishes global standards and guidelines for safe, secure, and environmentally sustainable shipping practices. With 176 member countries and three associate member countries, including Ethiopia, the IMO provides a framework for ensuring...


Radar

AfDB Launches $1.5m Initiative to Propel Agro-Industrial Parks

A 1.5 million dollar initiative for the development of three Agro-industrial parks was commenced last week. Financed by the African Development Bank (AfDB), the project includes feasibility studies, a master plan, and an environmental and social impact assessment. The Phase Two project, which includes capacity building for stakeholders, was initiated last week with an agreement between Semereta Sewasew, state minister for Finance and Gunther Beger, managing director of UNIDO. Semereta said...


Radar

Cabinet Approves Public Service Legislation

Council of Ministers has unanimously approved the legislation that aims to raise the competency and professionalism of public service in the country. The Federal Civil Servants Proclamation is pending ratification from Parliament. The decision was made during the 30th meeting of the Cabinet last week, which follows the ratification of the public service and administrative policy. Currently, the 176 federal agencies within 22 ministries, collectively employ around two million people. The polic...


Back
WhatsApp
Telegram
Email