Sheba Investment Plc is going buy more shares of National Tobacco Enterprise (NTE) in order to get majority share of 60 percent of Ethiopia’s sole tobacco producer and distributor.
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Repi Soap and Detergent S.C. signed a joint venture agreement with Wilmar International Limited for the purpose of upgrading the Repi manufacturing facility as well as building a new integrated manufacturing complex in the Oromia State, Sebeta town. Repi is a sister company of AL-SAM Plc and Wilmar is a Singaporean agribusiness group.
During the 4th Ethio-Canada Bilateral Consultation official of Ethiopia and Canada affirmed they will strengthen ties in the areas of trade and investment and also cement former deals.
Add a comment Add a commentGovernment public enterprises signed an agreement with their respective labour associations a deal to implement Industrial Development Strategy (IDS) on Thursday, June 19, 2014.
Add a comment Add a commentDuring a bilateral talk between Ethiopia and Djibouti on Thursday, June 19, 2014, representatives of the countries have announced they are committed boost their bilateral relations. The bilateral relation is said to enhance the socio- economic benefits the peoples of both countries will get.
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