Thursday, October 1, 2026

Rahel Telake

Name: Rahel Telake

Education: Diploma in Management

Company name: SWMTIL

Title: Owner

Founded in: 2018

What it does: Recycle wastes to make pillows, jackets and comforts

HQ: Bishoftu /has branch in Addis Ababa

Number of employees: 7

Startup Capital: 250,000 birr

Current capital: Growing

Reasons for starting the business: To decrease the effect of waste to the environment

Biggest perk of ownership: Creating opportunities for others

Biggest strength: Hard work, ambitious

Biggest challenging: Capital

Plan: To be competitive in East Africa

First career: None

Most interested in meeting: Innovators

Most admired person: My kids

Stress reducer: pending time with my kids

Favorite past-time: Reading books

Favorite book: Bible

Favorite destination: any place far from cities

Favorite automobile: I prefer to walk

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Ethiopian Airlines Signs Boeing Deal for New 10 Freighters

Ethiopian Airlines has signed an agreement with Boeing to...

If Ethiopia’s Economy Is Growing, How Are Its Workers Living?

I recently listened to an episode of the International...

Hospitals overwhelmed as violence surges across Northern Ethiopia

The humanitarian landscape in northern Ethiopia has suffered a...

Court halts multibillion-shilling Dangote refinery construction in Lamu

The ambitious multibillion-shilling Dangote refinery project in Lamu County...

Senators urge Rubio to intervene as Tigray Peace Agreement unravels

​A coalition of senior Senate Democrats, spearheaded by Senator...

Afreximbank deepens East African integration with multi-million dollar infrastructure push in Djibouti

The African Export-Import Bank (Afreximbank) has announced a substantial...
spot_img

Related Articles

Redit Alemu

Abel Birhanu

Tsegenet Amare

Bisrat Mulugeta

Eyob Amare

Popular Categories

spot_imgspot_img