First readings of Ethiopian plane's black boxes may take days: BEA
The black boxes from the crashed Ethiopian Airlines Boeing 737 MAX 8 arrived in France on Thursday. REUTERS/Philippe WojazerPARIS (Reuters) - It may take several days to complete the first readings of the black boxes recovered from the Ethiopian Airlines jet that crashed after take-off, a spokesman for the French air accident investigation agency conducting the analysis said on Thursday. The BEA spokesman said he did not know what condition the black boxes were in. Much will depend on how damaged the black boxes are. The Boeing 737 MAX 8 careered into the ground shortly after taking off from Addis Ababa, breaking up into small fragments and carving a deep crater.
Source:Ethiopian News
May 10, 2024 11:47 UTC
44 workers still missing days after South Africa building collapse
As hope dwindles, authorities in South Africa race against time to rescue 44 construction workers trapped under the rubble of a collapsed building. READ ALSO: South Africa launches investigations into building collapseit was still a rescue rather than a recovery operation, but no survivors have been located or brought out since Wednesday. It also revised the number of missing from 38 to 44 after determining that there were more construction workers at the site than previously thought. New information provided by the construction company showed there were 81 workers when the building came crashing down, not 75 as authorities had initially announced, it said. READ ALSO: South Africa: Rescue operations continue to save dozens trapped in building collapseMore than 600 personnel are involved in the rescue operation, with many brought in from nearby towns and cities.
Source:Ethiopian News
May 10, 2024 11:21 UTC
Haiti: Voodoo attracting more believers as gang violence surge
They sing, with their voices rising above the gunfire erupting miles away as the frantic drumbeats drown out their troubles. They offered him money and prayers in hopes they would make it through Haiti's deepening crisis. It has a single God known as “Bondye,” Creole for “Good God,” and more than a thousand spirits known as “lwas,” some which aren’t always benevolent. In recent years Vodou has been attracting more believers given the surge in gang violence and government inaction, said Cecil Elien Isac, a 4th-generation oungan. It's unknown how many people currently practice Vodou in Haiti, but there's a popular saying: "Haiti is 70% Catholic, 30% Protestant, and 100% Vodou."
Source:Ethiopian News
May 10, 2024 11:03 UTC
Students letter in community service
Olmsted County United Way celebrated awarded twenty two students for community service work on Thursday night. (ABC 6 News) — United Way of Olmsted County awarded 22 students for community service work on Thursday night. The students received the award for volunteering for 100 hours or more, and one John Marshall high school freshman said she achieved one of her goals by lettering in community service. “It’s a sense of gratitude that I’m able to help people but I’m also helping myself,” Arsiema Feliche, letter recipient and John Marshall high school freshman, said. While 21 other students from around the county were also awarded, Feliche was the only John Marshall student being celebrated.
Source:Ethiopian News
May 10, 2024 10:59 UTC
Ethiopian Coffee and Tea Authority (ECTA) reports record revenue from coffee exports
Exports are projected to reach US$1.75 billion by the end of the current fiscal yearIn a recent statement, the Ethiopian Coffee and Tea Authority (ECTA) said that coffee exports generated a revenue of US$835.2 million for the country in the first nine months of the current fiscal year, which began on 8 July 2023. Key international markets for Ethiopian coffee products include Saudi Arabia, South Korea, the United States, Germany, Japan, and China. This success highlights the significant growth of Ethiopia's coffee industry, which is attributed to comprehensive reforms in the sector. Notably, in the previous fiscal year, Ethiopia earned more than US$1.3 billion from coffee exports and this amount is projected to reach US$1.75 billion by the end of the current fiscal year. Countries such as the United Arab Emirates, Sudan and China, previously absent from the list, are now actively participating in Ethiopian coffee trade.
Source:Ethiopian News
May 10, 2024 10:08 UTC
Safaricom Projected Earnings Weighed Down By Ethiopian Loss
Of particular note is Safaricom's resurgence into profitability following three consecutive years of losses, with earnings surpassing the billion-dollar threshold. We expect that from 2025, Ethiopia will start being a significant growth contributor at group level for both top and bottom line," said Safaricom in a statement. Anticipating a major shift, the company foresees Ethiopia emerging as a significant growth driver from 2025, contributing substantially to both the top and bottom lines. M-Pesa, Safaricom's flagship mobile money service, emerged as the primary revenue generator, surpassing the 40 percent milestone in service revenue contribution. Earnings surged to Sh139.9 billion, constituting 42 percent of Safaricom's total service revenue, a notable increase from 19.36 percent in the preceding year.
Source:Ethiopian News
May 10, 2024 09:40 UTC
East Africa: Safaricom Projected Earnings Weighed Down By Ethiopian Loss
Safaricom, Kenya's leading telecommunications company, reported a slight uptick in profits, albeit dampened by the underperformance of its Ethiopian arm. We expect that from 2025, Ethiopia will start being a significant growth contributor at group level for both top and bottom line," said Safaricom in a statement. Anticipating a major shift, the company foresees Ethiopia emerging as a significant growth driver from 2025, contributing substantially to both the top and bottom lines. M-Pesa, Safaricom's flagship mobile money service, emerged as the primary revenue generator, surpassing the 40 percent milestone in service revenue contribution. Earnings surged to Sh139.9 billion, constituting 42 percent of Safaricom's total service revenue, a notable increase from 19.36 percent in the preceding year.
Source:Ethiopian News
May 10, 2024 08:13 UTC
European Orphan Hand brings smiles to Ethiopian children with stationery donation
European Orphan Hand, a charitable organization dedicated to supporting children in need, has brought smiles to the faces of young students in Ethiopia by providing much-needed stationery aid to a local school. Dr. Gülşen Dikmen and Dr. Cavid Allahverdiyev from Azerbaijan, representing the European Orphan Hand, distributed the stationery aid to the children, aiming to support their education and alleviate the challenges they face. This donation comes at a critical time when education in Ethiopia has become increasingly difficult for many children. European Orphan Hand strives to bridge this gap by supporting students in need. Nizamettin Aygan, a volunteer with European Orphan Hand, emphasized the organization's ongoing commitment to supporting education in Ethiopia.
Source:Ethiopian News
May 10, 2024 07:15 UTC
TOPPAN Gravity Establishes New Passport Manufacturing and Issuance Plant Through Joint Venture with Ethiopian Government
Press release from the issuing companyGroundbreaking ceremony held in Addis Ababa on May 8Tokyo – TOPPAN Gravity Ethiopia Share Company (TOPPAN Gravity Ethiopia), a joint venture between TOPPAN Gravity Limited (TOPPAN Gravity) and the government of Ethiopia, held the groundbreaking ceremony for a new passport manufacturing and issuance plant in Addis Ababa, Ethiopia, on May 8. TOPPAN Gravity and the Ethiopian government established TOPPAN Gravity Ethiopia in July 2023 to drive the manufacture and issuance of passports, IDs, driving licenses, and other government-issued documents. The TOPPAN Group holds a 51% stake in the company via TOPPAN Gravity’s UAE-based subsidiary Gravity Group Ind. Being part of the most prestigious conglomerate in the industry with decades of experience and multiple well-known references, TOPPAN Gravity benefits from the TOPPAN Group’s strong market position and extensive expertise. As a global solutions provider primarily focused on the payment and identity industries, TOPPAN Gravity aims at developing the next generation of virtual and physical security solutions.
Source:Ethiopian News
May 10, 2024 02:54 UTC
The Coffee Bean & Tea Leaf™ brings the Café Experience Home: Unveils New Single-Serve Coffee Capsules
SINGAPORE, May 10, 2024 /PRNewswire/ -- The Coffee Bean & Tea Leaf™, a global specialty coffee & tea house, today announced the launch of its range of The Coffee Bean & Tea Leaf™ coffee capsules that are compatible with Nespresso® Original[1] machines, giving coffee lovers around the world a new way to enjoy the signature café taste and quality of The Coffee Bean & Tea Leaf™ coffee they love – all from the comfort of their homes. "At The Coffee Bean & Tea Leaf, we've been passionate about bringing exceptional coffee experiences to everyone since 1963," said John in de Braekt, CEO, The Coffee Bean & Tea Leaf. The launch of The Coffee Bean & Tea Leaf™ capsules compatible with Nespresso® Original machines marks an exciting milestone for The Coffee Bean & Tea Leaf, rounding out its current single serve offerings which includes K-Cup® capsules as well as CBTL Coffee capsules specially designed for the Caffitaly CBTL Single Serve Brewing System. The Coffee Bean & Tea Leaf™ capsules compatible with Nespresso® Original machines are available now at The Coffee Bean & Tea Leaf cafés in Singapore and Malaysia. Download High Resolution Images HereAbout The Coffee Bean & Tea Leaf®Founded in Southern California in 1963, The Coffee Bean & Tea Leaf® is a modern, global specialty coffee and tea house that inspires new experiences through our flavors from around the world.
Source:Ethiopian News
May 10, 2024 02:44 UTC
Upcoming TV Series Promises to Shatter Stereotypes and Bring Brands to Life
Entrepreneur John Kendale, founder of John K Films and creator of this new TV Series, plans to merge the development and placement of physical products into the show to create additional revenue streams for the company. The Show had a successful teaser launch on Facebook which achieved more than 8,000 Followers in a month. The REBORN DREAMS TV Series unfolds around the life of Nathan Hayes, a tech-savvy college student whose innocent computer prank escalates into a thrilling quest to unravel a sinister plot endangering residents in their small town. The Show is being strategically positioned and possibly attracting interest from major studios such as Netflix and Amazon Prime. The show’s creator says, "This TV Series will be a game changer for both actors and American society as a whole."
Source:Ethiopian News
May 10, 2024 01:31 UTC
Gabon Oil Company to discuss investment opportunities – New Business Ethiopia
Gabon Oil Company (GOC) is set to participate as a Platinum Sponsor at the Invest in African Energy 2024 forum, affirming its commitment to maximizing production and attracting new players to Gabon’s upstream space. IAE 2024 is an exclusive forum designed to foster collaboration between European investors and African energy markets. A dedicated “Invest in Gabon” session at the upcoming forum will unpack the country’s oil and gas sector revitalization strategy, with a view to attracting new investments from IOCs. “GOC has made clear its commitment to revitalizing Gabon’s oil production through renewed exploration and a field optimization strategy. Invest in African Energy (IAE) is an exclusive forum designed to facilitate investment between African energy markets and global investors.
Source:News Business Ethiopia
May 09, 2024 23:23 UTC
Ethiopian Airlines: ‘Efforts on to expand operations on daily basis from Karachi’
KARACHI: Ambassador of Ethiopia Jemal Beker Abdula, while referring to successful operations of Ethiopian Airlines which has been flying four times a week from Karachi, stated that keeping in view the enhanced people-to-people and business-to-business linkages between the two countries, efforts were being made to further expand flight operations of Ethiopian Airlines to daily basis from Karachi which would certainly be instrumental towards Pakistan’s Look & Engage Africa Policy by connecting Pakistan with over 70 destinations in Africa. “With commencement of Ethiopian Airlines operations in Karachi along with an agreement with KCCI, the connectivity issue as well as the missing link between institutions of both countries have been successfully addressed during the last one-and-a-half-year. Ethiopian Envoy, while extending full support and cooperation to KCCI on behalf of Ethiopian Government, said that Karachi Chamber with a strong membership base of 50,000 contributes very well to Pakistan’s economy and was undoubtedly the backbone of this country. We also became the third largest economy in sub-Saharan Africa. We’re trying to stabilize micro-level economic stabilization and also introduced structural reforms, besides addressing the energy issue and identifying potential sectors.”Copyright Business Recorder, 2024
Source:Ethiopian News
May 09, 2024 23:19 UTC
Besintu Season 2 Episode 34 – Ethiopian Comedy
borkenaBesintu Season 2 Episode 34 – Ethiopian ComedyVideo : embedded from EBS TV YouTube channelCover Photo : screenshot from the videoJoin our Telegram Channel : t.me/borkenaLike borkena on FacebookEntertainmentAdd your Business to Ethiopian Business Listing / Ethiopian Business Directory JobsJoin the conversation. Follow us on X (formerly Twitter ) @zborkena to get the latest Ethiopian News updates regularly. Ethiopia Subscribe to YouTube channel To share information or for submission, send e-mail to info@borkena.com
Source:Ethiopian News
May 09, 2024 23:04 UTC