Ethiopia: MeTEC Built Two Trial Locomotives
Ethiopian Metals and Engineering Corporation (MeTEC) disclosed it has built two locomotives for trial purpose.
Add a comment Add a commentEthiopian Metals and Engineering Corporation (MeTEC) disclosed it has built two locomotives for trial purpose.
Add a comment Add a commentEthiopian Roads Authority (ERA) disclosed the Hawsewa-Abeala-Arbeti asphalt road, which it is constructing at the cost of a Billion Birr, is 93 percent over. The road is expected to be fully completed by the coming November.
Add a comment Add a commentA Chinese company disclosed it is ready to establish a huge textile factory in Ethiopia at an outlay of U.S $ 500 Million. The company disclosed it has finished pre-investment assessments to build the factory.
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On Monday, September 1, 2014, Ethiopian Airlines started its new flight to Spain’s capital, Madrid, making the city the Airline’s 10th European destination.
The state owned giant Ethiopian Insurance Company (EIC), suffered a decline in its insurance coverage decreasing down to 8.4 Billion Birr in the just ended budget year. The decline in insurance coverage resulted in the Insurer’s overall market share to drop to 41 percent.
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