One of Ethiopia’s wind farms that are under construction, Adama II wind farm, is expected to be completed and start generating 153 megawatt in June. The project is being carried out an outlay of USD 345 million.
Add a comment Add a commentOne of Ethiopia’s private banks, Abay Bank S.C., disclosed it made 93 million Birr profit during the first six months of its current fiscal year.
Add a comment Add a commentOne of Ethiopia’s local petroleum distributing company, Yetebabaerut Beherawi Petroleum S.C., is set to establish a joint venture with Mesfin Industrial Engineering (MIE), an Ethiopian company, and the American based Global Electric Transport (GET). The joint ventured is going to assemble electric vehicle, service and public transportation solution.
Add a comment Add a commentPrince Fahad Bin Mugrin Bin Abdul Alziz Al Saudi, who is also the owner of Recon International Africa, expressed his interest to invest in the Agricultural and infrastructure sectors of Ethiopia.
Add a comment Add a commentEntrepreneurs in Ethiopia have been awarded by the United Nations Development Program (UNDP) and received the award from the hands of Prime Minister Hailemariam Desalegn. The event was held on Thursday, March 5, 2015 at Sheraton Addis.
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