Yara Gets New Partner for Dallol Project in Ethiopia
Liberty Metals & Mining Holdings, LLC, a subsidiary of Boston-based Liberty Mutual Insurance (LMM), has acquired 25 percent of the shares in “Yara Dallol” for USD 51.25 million.
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The Ethiopian Revenue and Customs Authority (ERCA) said its annual income from inland taxes will be over half a trillion Birr by the end of GTP II.
Omo-Kuraz I sugar plant, one of Ethiopia’s big sugar development project has begun trial of machinery run, Fana Broadcasting Corporate (FBC) reported.
Ethiopian Airlines, the fastest growing, the most profitable and the largest airline in Africa, is pleased to announce that it has finalized installation of Boeing 777 Flight Simulator manufactured by CAE Inc. ahead of its schedule and is now ready for training.
Dashen Bank, one of private banks in Ethiopia has generated 2.5 billion Birr in revenue in the 2014/15 budget year, Capital reported.
