Pump, Engine Testing Centre Breaks Ground

Jan 25 , 2020

The National Pump & Engine Testing Centre, which tests and certifies locally produced and imported small-scale irrigation pumps and engines, was launched last week. Built for 19.1 million Br financed jointly by the Netherlands and Canada, the Centre is funded by the Ministry of Agriculture. Officially launched by State Minister of Agriculture Kaba Urgessa (PhD), the Centre was handed over to Teshale Belihu, director-general of the Ethiopia Conformity Assessment Enterprise (ECAE). "Ensuring quality of pumps and engines is crucial to increase agricultural productivity of small-scale irrigation," Kaba said during the inauguration ceremony. About 20pc of the imported machines are dysfunctional and carry a huge cost, according to the State Minister.


ZamZam Bank Joins Commodity Exchange Payment System

The pioneering full-fledged interest-free commercial bank, ZamZam Bank, has become the 24th financial institution to join the Ethiopian Commodity Exchange's (ECX) payment system. CEO of the Exchange Wendemagegnehu Negera signed the deal with the President of the Bank Melika Bedri last week. According to the CEO, joining the platform which has around 11,000 accounts registered and has transacted over 386 billion Br so far, will allow a reliable mechanism whereby traders can be certain that pay...


AfDB, ADF to Chart Transformation Path at Diamond Jubilee

The African Development Bank (AfDB) and the African Development Fund (ADF) are gearing up for a major joint meeting in Nairobi, Kenya, expected to draw around 4,000 participants. The event, taking place at the Kenyatta International Conference Centre in late May, will focus on "Africa's Transformation," a theme reflecting the continent's ongoing pursuit of economic and social development. "Despite progress over the years, Africa's transformation remains incomplete," said Vincent O. Nmehielle...


Big Art Sale Returns to Addis

The annual Big Art Sale returns to Addis Abeba this weekend. Over 100 artists are expected to showcase their original works and prints at the Hilton Addis. What's Out Addis in partnership with the Hilton Hotel is behind the event that showcases the works of over 100 artists. Big Art Sale has been around for the past 18 years showcasing paints and prints. According to organisers, it offers a chance to meet the artists and enjoy a variety of art forms with a dedicated Kids' Corner and food and...