Ethiopia: NBE Issued New Directive Allowing the Establishment of Reinsurance Companies
The National Bank of Ethiopia (NBE) has issued a new directive allowing the establishment of local reinsurance companies, according to The Reporter.
The National Bank of Ethiopia (NBE) has issued a new directive allowing the establishment of local reinsurance companies, according to The Reporter.
Ethiopian Airlines, the fastest growing and most profitable Airline in Africa, is pleased to announce the commencement of daily services to Shanghai, China as of 29 March 2014. Ethiopian operates the Shanghai flight using its B787 Dreamliner with 24 Cloud Nine Business Class and 246 Economy Class seats.
Stratex PLC, the British mining company that has been prospecting for gold in the Tigrai and Afar regional regions of Ethiopia, has relinquished three gold exploration projects, according to The Reporter.
Add a comment Add a commentThe Grand Ethiopian Renaissance Dam (GERD) constructed over the Blue Nile River (Abay) will start producing 700 MW of electric power by the next year, according to The Reporter.
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Ethiopia has more than 70 million tons of iron ore deposit in Amhara, Oromia and Tigray states, the Geological Survey of Ethiopia announced.
