Ethiopian Horticulture Development Agency disclosed Ethiopia secured U.S $ 245 Million during the past budget year from the export of flowers, vegetables and fruits.
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The Indian food company, Allanasons Ltd., announced it is set to invest USD $ 20 Million on a meat processing plant in Ethiopia. Allanasons is motivated by the existence of a large population of naturally fed cattle and sheep.
Gullele Soap Factory Plc changed its business organization form to a share company with a capital of 80 Million Birr.
Add a comment Add a commentMinistry of Finance and Economic Development (MoFED) announced on Saturday, August 2, 2014, it has made salary increment that ranges from 33 percent to 46 percent for civil servant. The increment is going to be effective starting from the new budget year’s first month.
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The United Arab Emirates (UAE) based automotive company, Al Ghandin Auto Group, opened a representative office in Ethiopia’s capital, Addis Ababa, for the purpose of serving the East African market. The company intends to go fully operational by the coming October.
