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New Iodized Salt Plant Opens in Ethiopia

Aug 20, 2019 | 2M Editor | Latest Business Alerts

An iodized salt plant named SVS, jointly built by Ethiopian and Turkish investors, was inaugurated today in the city of Semera, Afar region of Ethiopia.

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Commercial Bank of Ethiopia Earned Over $612 Mn Pr…

Aug 16, 2019 | 2M Editor | Latest Business Alerts

Commercial Bank of Ethiopia Earned Over $612 Mn Profit in 2018/19

The Commercial Bank of Ethiopia (CBE), the largest commercial bank in East Africa, announced it has earned over $612.46 million (17.9 billion birr) in profit during the Ethiopian fiscal year...

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Ethiopian Commodity Exchange Shares Experience to …

Aug 15, 2019 | 2M Editor | Latest Business Alerts

Ethiopian Commodity Exchange Shares Experience to African Exchanges, Plans to Start Training Academy

Ethiopia Commodity Exchange (ECX) announced that it shared its experience in modern trading systems to the officials of Mozambique Commodity Exchange and Reserve Bank of Malawi for three days, August...

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Ethiopia to Build a $50 Mn Coffee Park

Aug 14, 2019 | 2M Editor | Latest Business Alerts

The Ethiopian Coffee and Tea Authority disclosed plans to build a coffee park at a cost of $50 million. The park, the authority said, will play an important role in...

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Ethiopia-India Business Forum Held in Addis

Aug 14, 2019 | 2M Editor | Latest Business Alerts

An Ethiopian - Indian business forum has been held in Addis Ababa, Ethiopia, aiming to promote foreign direct investment and business-to-business linkage between Ethiopian and Indian companies, the Ethiopian Ministry of...

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