Sunday, October 25, 2026
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Neamn Yohannes

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Name: Neamn Yohannes

Education: Diploma in food preparation

Company name: Chef Neamn fast foods

Title: Owner

Founded in: 2021

What it do: Serve fast foods

Hq: Addis Ababa around 22

Number of Employees: 2

Startup capital: Confidential

Current Capital: Growing

Reason for starting the Business: Financial Freedom

Biggest perk of ownership: Hard working

Biggest strength: Hard worker

Biggest challenge: Society awareness

Plan: To expand my business

First career: Chef

Most interested in meeting: Mariah Carey

Most admired person: None

Stress reducer: Listening music

Favorite past time: Working

Favorite book: Cooking books

Favorite destination: Bahir-dar

Favorite automobile: BMW

Could Ethiopian Letesenbet perform miracles at the Valencia Marathon on December 4?

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In 2003, when Great Britain’s Paula Radcliffe ran 2:15:25, the performance was considered off the scale. But that record stood for 16 years until 2019 when Kenyan Brigid Kosgei broke it in Chicago with her 2:14:04 running.
Ethiopian Tigist Assefa ran 2:15:37 followed by 28 year-old Kenyan Ruth Chepngetich’s astonishing 2:14:28 at Chicago on October 9th.
Regardless of how stunning these athletes are in their ability to run the marathon and half marathon, they will all be looking out for Ethiopian Letesenbet5 Gidey, who may just crush all distance records.
Letesenbet Gidey has run a mixed half marathon (men and women in the same race) in the time of 62:52 in Valencia in 2021. It is the world record. There is, however, a separate world record for women’s only race performances, and that one is currently held by Jepchirchir from the Gdynia.
Gidey’s half-marathon record carries a World Athletics points performance rating of 1281. Her 10,000m world record rating is much better at 29:01.03. At the Hengelo Diamond League meet she won, of course, and that performance is rated at 1303 points.
A 1303 performance in the half marathon is equal to a 61:53 for women. The marathon equivalent is 2:13:21.
Adding nine percent to Eluid Kepchoge’s record of 2:01:09 would put the women’s time at 2:13:05 a case of the women catching up to the men, this time; or one particular unusually great male marathon runner.

PepsiCo deepens its commitment to Ethiopia with $40 million cash injection

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PepsiCo is finalizing an investment proposal of approximately USD 40 million to expand its Senselet snacks business in Ethiopia, and is considering the possibility of further investments in the country to expand the company’s portfolio beyond snacks.
Senselet is a wholly owned PepsiCo subsidiarythat produces chips under the brand name SUN Chips. The company was established in 2015, the potato processing site was constructed in 2017 and commercial production started later that same year.
Chris Wijnterp, GM of PepsiCo’s Foods unit in Ethiopia explains that “the investment is further proof of the confidence that PepsiCo has in the potential of the country for economic growth.
“This cash injection will allow us to increase our production capacity for snacks tenfold” adds Wijnterp and clarifies,“This also allows us tofurther leveragePepsiCo’s expertise to help accelerate the growth of Senselet in Ethiopia by boosting its potato sourcing programs, as well as its manufacturing and go-to-market capabilities”.

Africa needs $40bn annual grid investments for stable electricity

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African countries will require an average of $40bn power grid investments annually for about five years to deliver stable electricity to citizens on the continent, Kola Adesina, Group Managing Director, Sahara Power Group, has said.
Delivering a Keynote Address on “The Future of Power in Africa” over the weekend at the Lagos Business School, Adesina said projections indicate an increase in energy demand across Africa in the coming years.
He noted that in 2040, this demand could be around 30 per cent higher than what was obtainable currently, adding that it was vital for all stakeholders to work towards shoring up the continent’s power grids through continuous investments.
“Massive investment in Africa’s grids is critical to improve system reliability, expand access and facilitate the integration of variable renewables,” he stated.
Adesina added, “Annual investment in electricity grids should more than triple in the 2026‐30 period, compared with 2016‐20, reaching $40bn per year on average. Distribution networks account for over two‐thirds of this total.”