Welspun India, textile manufacturing company from India, is interested to invest and join Ethiopia’s textile industry. Such was disclosed by the company’s chairman, B. K. Goenka after he held discussions with Hailemariam Dessalegn, Prime Minister of Ethiopia, on the sidelines of Davos World Economic Forum.
Add a comment Add a commentAser Construction PLC, one of the Grade I contractors in Ethiopia, constructed a public park in the capital city, Addis Ababa, at an outlay of 15 million Birr. The park is said to cover more than 6,000 square meters.
Add a comment Add a commentEthiopia’s lower house, House of Peoples’ Representatives (HPR), approved an additional budget of 18.62 billion Birr for the federal government.
Add a comment Add a commentNyala Insurance S.C., one of the privately owned insurance firms in Ethiopia, declared a gross profit of 77 million Birr for 2015/2016 fiscal year. The performance is 24.2 percent lower than the preceding fiscal year.
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Africa’s largest airline group, Ethiopian Airlines, is delighted to announce that it will launch seven new destinations within five months during the 2017 calendar year. This is one of the greatest expansions in Ethiopian’s long and illustrious history.
