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Ethiopia: Akir Construction’s Shares Transferred t…

Jul 19, 2017 | 2M Editor | Latest Business Alerts

Tekleberhan Ambaye Construction PLC’s (TACON) general manager, Seifu Ambaye, bought 80 percent of the shares in another construction firm in Ethiopia. The company from which the general manager bought the...

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Bureau Terminated Contracts with 116 SMEs

Jul 19, 2017 | 2M Editor | Latest Business Alerts

Addis Ababa Construction Bureau (AACB) terminated contracts it concluded with 116 small and medium sized enterprises (SMEs) – who are all contractors - claiming they have not breached their contracts.

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Ethiopia: Privatization Brought 12.6 Billion Birr

Jul 18, 2017 | 2M Editor | Latest Business Alerts

Ministry of Public Enterprises (MoPE) made 10 times more than what it had targeted for the just ended fiscal year. The performance was the highest Ethiopia ever saw. The Ministry...

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Ethiopia Earned 866 Million USD from Coffee Export

Jul 18, 2017 | 2M Editor | Latest Business Alerts

The just ended fiscal year saw Ethiopia’s export earnings from coffee reaching 866 million USD. This was from 221,000 tons of coffee exported during the period.

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Ethiopia: Turkish Company Started Producing Diaper…

Jul 13, 2017 | 2M Editor | Latest Business Alerts

The Turkey based personal hygiene solutions has started to produce diapers in Ethiopia from its factory located in Hawassa Industrial Park. The plant has now started producing Canbebe diapers and...

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