MWIE: Ethiopian Sugar Factories to Produce 200 Megawatts
Addis Ababa (FBC)–Ministry of Water, Irrigation and Electricity (MWIE) disclosed that, once the construction of the sugar factories being undertaken is completed, Ethiopia will be […]
Business
Kaliti-Kilinto and Kaliti-Tullu Dimtu Roads to Be Constructed at a Cost of 4.7 Billion Birr
Addis Ababa (ENA)–The construction of ring roads connecting Kaliti Square-Tullu Dimtu and Kaliti Square-Bulbula Kilinto Square around the capital city has started on February 14, […]
FOCAC: Helping Ethiopia onto China’s Express Train of Development
The fruits of China-Ethiopia cooperation have not only helped the Ethiopian people to move out of poverty, but also improved Ethiopia’s investment and business environment […]
Unilever Global Company to Expand Investment in Ethiopia
Addis Ababa, Ethiopia–The British-Dutch multinational consumer goods company, Unilever Global, has expressed interest to expand its investment in Ethiopia. Prime Minister Hailemariam Desalegn had discussion […]
Chinese Textile Firms Continue to Invest in Ethiopia
Few large Chinese companies, including textile and garment manufacturing industries, have decided to invest in Ethiopia in the first half of the current Ethiopian budget […]
Ethiopian Outperforms in Flight Punctuality, Ranked 11th Worldwide for Jan. 2017
Ethiopian Airlines, ranked 11th worldwide in flight on-time performance for the month of January 2017, according to FlightStats, the leading provider of real-time global flight […]
First Lady Roman Tesfaye Inaugurates Garden of Coffee in Addis Ababa
Ethiopia’s First Lady Roman Tesfaye inaugurated the first Garden of Coffee, created by Bethlehem Tilahun, the founder of soleRebels eco-friendly shoes that are on sale […]
TDB Bank Approves $60mln Loan Request from Three Ethiopian Companies
The Eastern and Southern Africa Trade and Development Bank (TDB) formerly, PTA bank has approved $60 million loan borrowed by three Ethiopian companies. The bank […]
Car Assembly Plant Built in Dire Dawa to Go Operational
Tuk Tuk Assembly Line, owned by Redawa Motors Industry PlC., will start assembling cars next month, the company’s GM Mr. Tadesse Admassu said. Dire Dawa, […]
Axereal to Invest on Malting Plant in Ethiopia
Supporting brewing customers in emerging countries is a priority for Axereal cooperative subsidiary Boortmalt. As part of this strategy, it is to invest in a […]