Ethiopia Concluded U.S. $ 865 Million Finance Package
A finance package of U.S. $ 865 Million has been closed by the Ethiopian government for the purpose of funding some of the nation’s railway infrastructure.
Add a comment Add a commentA finance package of U.S. $ 865 Million has been closed by the Ethiopian government for the purpose of funding some of the nation’s railway infrastructure.
Add a comment Add a commentWorld Bank’s President, Dr. Jim Yong Kim, accompanied by the United Nations’ Secretary Genera Ban Ki-Moon are in Ethiopia for a two days visit. They are set to discuss key development priorities with government officials and development partners.
Add a comment Add a commentNational Bank of Ethiopia (NBE) disclosed it has reserved over U.S. $ 600 Million loan for the purpose of preventing inflation on cereals and other consumable goods in the economy.
Add a comment Add a commentThe current Ethiopian budget year, according to Addis Ababa City Roads Authority (AACRA), will witness 504.4 kilometers cobblestone road construction in the capital city, Addis Ababa.
Add a comment Add a comment300,000 Quintals of sugar imported from United Arab Emirates (UAE) and the last batch of sugar import, is expected to reach Port of Djibouti October 26, 2014. The order for the sugar was made by the Ministry of Trade (MoT) two weeks ago and got the Prime Minister’s blessing.
Add a comment Add a commentEthiopian Electric Power (EEP) concluded a Memorandum of Understanding (MoU) with the US based Green Technology Africa Inc. (GTA) for the generation of 300 Megawatts of electricity from solar energy.
Add a comment Add a commentEthiopia’s Gross Domestic Product (GDP) reached 1.5 Trillion Birr, Ministry of Finance and Economic Development disclosed (MoFED).
Add a comment Add a commentHouse of Peoples’ Representatives (HPR) started reviewing the current intellectual property rights regime and the draft bill meant to amend it.
Add a comment Add a commentDevelopment Bank of Ethiopia (DBE) disclosed it is set to launch a new banking service for Small and Micro Enterprises (SMEs) that are growing to medium as well as large enterprise categories.
Add a comment Add a commentMinistry of Foreign Affairs disclosed number of investors interested in starting business as well as investing in Ethiopia has shot by threefold in the past two years.
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