Latest Business Alerts

Ethiopia: IGAD Establishes Business Arbitration Center

An international arbitration center that will settle business disputes in the Intergovernmental Authority on Development (IGAD) region is to be established and based in Djibouti. The decision was made during the Fifth General Assembly of IGAD Business Forum and it was passed unanimously by the participants; Ethiopia, Djibouti, Kenya, Uganda, Sudan, South Sudan and Somalia.

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Ethiopia: ERA Awarded Mojo – Hawassa Expressway for Keangnam

The first lot for Mojo – Hawassa Expressway project, which stretches for 93 kilometers, is awarded to a South Korean construction company, Keangnam Enterprises Limited, by Ethiopian Roads Authority (ERA). Workeneh Gebeyehu, Ethiopia’s Minister for Transport, explained the firm won the bid for the first lot of the entire 209 kilometers.

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