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
ALLIED GOLD ANNOUNCES FIRST QUARTER 2024 RESULTS: ON TRACK FOR IMPROVING PRODUCTION, COSTS AND CASH FLOWS THROUGH THE REMAINDER OF THE YEAR WITH CORPORATE INITIATIVES FURTHER ENHANCING FINANCIAL FLEXI
ALLIED GOLD ANNOUNCES FIRST QUARTER 2024 RESULTS: ON TRACK FOR IMPROVING PRODUCTION, COSTS AND CASH FLOWS THROUGH THE REMAINDER OF THE YEAR WITH CORPORATE INITIATIVES FURTHER ENHANCING FINANCIAL FLEXIBILITYTORONTO, May 9, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) ("Allied" or the "Company") is herein reporting its financial and operational results for the first quarter of 2024. Exposure to Increasing Gold Price: First quarter cash flow was generated at an average realized gold price of $2,053 per oz. Cash costs exclude DA, exploration costs, accretion and amortization of reclamation and remediation, and capital, development and exploration spend. Cash costs include only items directly related to each mine site, and do not include any cost associated with the general corporate overhead structure. Mineral Reserves (Proven and Probable)The following table sets forth the Mineral Reserve estimates for the Company's mineral properties at December 31, 2023.
Source:Ethiopian News
May 09, 2024 21:25 UTC
Teacher Appreciation Day was celebrated in Kendall on Tuesday night
Teacher Appreciation Day was celebrated in Kendall on Tuesday night Fifty-seven South Florida teachers were chosen as teacher of the year at their respective schools. Speakers were invited to talk about the special teachers in their lives. The teachers were treated to raffle prizes including a $5,000 check won by Carla Prado. Congratulations to her.
Source:Ethiopian News
May 09, 2024 20:30 UTC
Richmond Food News: May 9-15
(Richmond magazine)‘A Hub of Food and Fun’Designed “to feature the products and flavors of the diverse Latino and Hispanic communities of Chesterfield and the region,” the new Latino Farmers Market is open for business Saturdays at Rockwood Park. (Richmond magazine)Find out Alewife and Odyssey chef Bobo Catoe Jr.’s favorite snack and comic book heroes in our latest Spotlight. After operations at Hatch Local food hall shuttered, Lindsey Food Group’s Bully Burger is back in action. RVA LoveThe Virginia Press Association awards took place last weekend, and Richmond magazine did not go home empty-handed. My fellow food writers and I earned a second-place award for our Summer Bounty feature.
Source:Ethiopian News
May 09, 2024 19:22 UTC
New video footage of captured gov’t soldiers in Shoa
borkenaToronto – Fano Forces in Shoa, Amhara region of Ethiopia, yesterday released new video footage purportedly showing captured government soldiers. In the video, captured soldiers are seen answering questions from their captors. From the uniforms and firearms displayed for show, the soldiers appear to be members of special forces within the Ethiopian Army. According to the source, the soldiers were captured in Chira Meda area of Shoa. Ethiopia Subscribe to YouTube channel To share information or for submission, send an e-mail to info@borkena.com
Source:Ethiopian News
May 09, 2024 17:48 UTC
Kenya's Safaricom Annual Profit Misses Forecasts on Ethiopia Losses
Safaricom Group Plc reported lower-than-expected annual profit after the Kenyan telecommunications giant’s unit in neighboring Ethiopia booked losses in its first full year of operations. Net income rose 1.2% to 62.99 billion shillings ($479.2 million) in the year through March 31, the Nairobi-based company said in a statement Thursday, missing the 67.6 billion-shilling median estimate by analysts in a Bloomberg survey. Its Kenyan unit reported $1.07 billion in operating profit, the first time that the measure exceeded the billion-dollar mark.
Source:Ethiopian News
May 09, 2024 16:54 UTC
Research exposes normalization of gender-based online violence against women in Ethiopia
The multi-part research combined interviews and analysis of social media data to examine the forms, motives, and impacts of online abuse against women. The report’s first component interviewed 14 prominent Ethiopian women in media and civil society roles about their experiences of harassment and abuse online. Facebook was identified as the primary platform for such abuse, with women reporting harassment across all social media channels, both private and public. The research underscores the real-world consequences of online abuse. Alarmingly, the study also revealed instances of online abuse leading to offline violence.
Source:Ethiopian News
May 09, 2024 16:52 UTC
Gov’t pledges to address safety concerns at refugee sites following incident in Amhara region
Despite facing resource limitations, the RRS says it remains committed to prioritizing the well-being of refugees in the affected areas. The announcement follows the release of a United Nations report on 03 May, 2024, disclosing the exodus of approximately 1,000 Sudanese refugees from the Kumer camp under United Nations administration. In its statement, the RRS acknowledged the challenges faced by refugees regarding service provision and safety at the camps. The aim is to address their safety concerns and improve basic services, despite the limited resources available. However, according to the RRS statement, the overall refugee response in the country faces serious constraints due to resource limitations, hindering service provision, including at the Awlala and Kumer sites, as mentioned in the statement.
Source:Ethiopian News
May 09, 2024 16:20 UTC
Sudan peace talks in doubt as army chief rejects any deal with rival paramilitary
Sudan has descended into crisis since the war between the army led by Gen Al Burhan, the country's de facto leader, and the RSF, commanded by his former ally Gen Mohamed Dagalo, broke out on April 15 last year. Saudi Arabia was expected to host a new round of peace talks this week in Jeddah, where the kingdom and the US have already mediated several rounds of negotiations without success. People drink water from a recently dug well in Sudan's eastern state of Gedaref amid continuing fighting between the Sudanese army and the Rapid Support Forces. “Our fight against the rebel terrorist Rapid Support militia will not stop except by liberating this country from these criminal rebels,” Gen Al Burhan said. The RSF has seized four out of five state capitals in the Darfur region, home to around one quarter of Sudan's 48 million people.
Source:Ethiopian News
May 09, 2024 15:43 UTC
Security concerns, restrictions hindering Safaricom Ethiopia’s nascent operations: CEO
“Our operations in conflict areas [in Ethiopia] remain subject to restrictions,” said Vanhelleputte. “We hope this will improve soon,” said Vanhelleputte, who was brought in to replace founding CEO Anwar Soussa last year. Its current network covers 38 percent of the Ethiopian population, according to the Safaricom financial report. Vanhelleputte indicated that security concerns, limited access to smartphones, and regulatory shortcomings continue to pose obstacles to Safaricom’s ambitions as Ethiopia’s first private telecoms operator. Mobile data revenues from Safaricom Ethiopia’s 4.4 million users account for close to 75 percent of the total.
Source:Ethiopian News
May 09, 2024 15:36 UTC