Ethiopia has picked Lazard Ltd, French investment bank and asset management firm to procure credit rating companies for its debut sovereign Eurobond, Reuters reported today.
Add a comment Add a commentEthiopian Roads Authority (ERA) today signed a 1.5 bln birr contract with China First Highway Engineering Co. Ltd (CFHEC) for the Dessie-Kutaber-Tenta road upgrade project, Walta Information Center (WIC) reported.
The 67.5 km long ten meters wide asphalt road upgrading project will link South Wello Zone to North Wello in the Amhara Regional State.
Add a comment Add a commentTsehay Real Estate Plc launched construction of the US$ 200 million International Center, at Yeka Sub City, Addis Ababa, Capital reported.
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The Ethiopian Electric Power Corporation (EEPCo) is divided into two separate entities, the Ethiopian Electric Power and Ethiopian Electric Service, Ethiopian Press Agency reported. The corporation's power supply and electricity delivery services will be divided between the two new companies.
Ethiopia's Agriculture, Investment and Land Administration Agency availed 3.6 million hectares arable land to investors in the agriculture sector, Ethiopian News Agency reported.
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