Yegna Home Rolls Out Accommodation Booking Platforms

Mar 19 , 2022

Yegna Home, a digital hospitality service provider, has introduced a website, an unstructured supplementary service data (USSD) service, and a mobile booking solution enabling tourists and domestic users to reserve accommodations at hotels, apartments, guesthouses and resorts. The company has also signed a deal with Ethiopian Airlines to integrate its platform with the national carrier's Sheba Miles customer loyalty programme. Incorporated in 2021 with five million Birr in equity raised from two shareholders – Melaku Tekola and Yohannes Tedla – Yegna Home offers booking services for 220 hotels on its digital platform. Addis Software, an IT firm that works in collaboration with a company based in Sweden, developed and supplied Yegna Home's digital platform.


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...


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...


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...