CNET Software Technologies PLC, an IT firm based in Ethiopia, is going to build an ICT center in the Ethio – ICT Village (ICT Park) in Bole Lemi Industrial Park. The center is estimated to cost 480 million Birr and it will be constructed over 8000 square meters of land in the industrial park. The scheduled period for the completion of the construction is 8 months, according to The Reporter.
Add a comment Add a commentNestle, the global nutrition, health and wellness Company, disclosed it is considering to establish a manufacturing plant in Ethiopia within the coming years. However, final decision for the investment has not yet been made.
Add a comment Add a commentDevelopment Bank of Ethiopia (DBE) plans to extend more than 2 billion Birr as loan for large-scale agriculture investments. The loan is expected to be disbursed until end of June.
Add a comment Add a commentEthiopian Investment Commission (EIC) disclosed a couple of manufacturers at Hawassa Industrial Park would start to export their products this week for the first time. Commenting on the matter Dr. Belachew Firkre, Deputy Commissioner at EIC, said the companies had finalized preparations to provide their products outside of Ethiopia.
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Africa’s largest airline group, Ethiopian Airlines, concluded a codeshare agreement with Air Namibia on February 21st, 2017.
