Latest Business Alerts

Ethiopia: Modjo-Beki-Batu Expressway Goes Operational

Modjo ExpresswayThe Modjo-Beki-Batu expressway, built at a cost of some 6.3 billion birr, has officially begun operations. The 92km long and 32m wide expressway, having five international standard tolling stations, is the third toll road for Ethiopia, after the Addis Ababa-Adama, and the Dire Dawa-Dewale expressways.

Add a comment Add a comment

Djibouti-Based Investors to Open Modern Abattoir in Ethiopia

meat processedAfrican investors based in Djibouti have expressed intention to open a state-of-the-art abattoir in Ethiopia. The group of investors made the announcement during a three-day investment tour to Ethiopia, which aimed at assessing and adding value to the enormous and untapped massive livestock resource Ethiopia has.

Add a comment Add a comment

Ethiopia, Morocco Sign Accord to Establish a Fertilizer Project in Dire Dawa

ethiopia-morocco-accord-2021The Ethiopian government has signed a joint development agreement with OCP Group, a Moroccan state-owned phosphate rock miner, phosphoric acid manufacturer and phosphate fertilizer producer, to implement a fertilizer project in Dire Dawa, Ethiopia's Ministry of Finance announced.

Add a comment Add a comment

Exchange Rates

USD 46.8168  45.8988 
GBP 61.2885  60.0868 
EUR 54.8458  53.7704 
CHF 47.9670  47.0265 
CAD 33.1191  32.4697 
AED 11.5338  11.3076