Ethiopia and Djibouti have agreed to upgrade the Ethio-Djibouti corridor road and expand the horizon fuel terminal. This was decided after the 2 countries ministers for transport met in Addis Ababa, Ethiopia’s capital, and discussed various bilateral issues.
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Ethiopian Investment Commission (EIC) has disclosed Ethiopia has managed to attract 1 billion USD in Foreign Direct Investment (FDI) during the first 3 months of the current fiscal year. This was disclosed during the tenth consultative meeting of heads of investment bureaus of states that was held in Tigray State’s capital, Mekele.
Africa’s largest airline group, Ethiopian Airlines, is pleased to announce that it has finalized preparations to start five weekly flights to Buenos Aires, Argentina, as of March 8, 2018.
Wondimagegnehu Negera, former Chief Executive Officer (CEO) of Cooperative Bank of Oromia has been appointed as the new CEO of Ethiopian Commodity Exchange (ECX) by the Board of Directors. The appointment was made after Ermias Eshetu left the CEO position and left it vacant 2 month back.
Habesha Cement S.C., one of the cement manufacturers in Ethiopia, has resumed production after suspending it for days due to security threats.
