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Ethiopia: City Road Authority Installing New Traffic Lights

The Addis Ababa City Road Authority is installing new traffic lights at four junctions of the capital. The authority is planning to eventually install traffic lights in 14 junctions throughout the capital to upgrade the city's traffic management.

The authority awarded the contract to U.E International Trading and to a joint venture an Ethiopia and South Africa company. “AACRA will pay out 11 million birr for both bid winners,” Fekade Haile, Director General of the Authority told Capital. Add a comment Add a comment

Ethiopia's Raya Brewery Raises 500M Birr for its Brewing Plant

Ethiopia's Raya Brewery announced it has raised 500 million Ethiopian birr to fund the construction of a new brewing plant.

Located on the outskirts of Maichew, 670km north of the Capital, Addis Ababa in the Tigray regional state, construction of the plant which will have a capacity to produce 600,000 hectoliters of beer annually is scheduled to be completed within a year time. Add a comment Add a comment

Ethiopian Coffee Conference to be held in November

The Ethiopian Commodity Exchange (ECX) is to hold Ethiopian Coffee Conference in November 2013. Anteneh Assefa, CEO of Ethiopian Commodity Exchange, said November’s coffee conference will bring together stakeholders and promote Ethiopian coffee. Details of the event are still being finalized. Add a comment Add a comment

Ethiopia: City Administration Commissions Design of New Cinema Hall

The Addis Ababa Cinema House Administration has awarded Skyline Consulting Architects & Engineers PLC., for the design of a new cinema hall building, with a contract value of 2.5 million Ethiopian birr, on July 16, 2013.

Located at Senga Terra, in Lideta Sub-city, the cinema hall will be housed within 2,473 square seven-storey building. In addition to cinema halls, the building will also include studio for film makers, according to Getachew Zeru, General Manger of the the Cinema Houses Administration. Add a comment Add a comment

Ethiopia: Regional State Collected 2.9B Birr in Revenue

The South Nations Nationalities and People Regional State Revenue Authority announced that it has collected over 2.9 billion Ethiopian birr income in the concluded Ethiopian Fiscal Year.

The Authority's Deputy Director, Tadesse Merd, told Walta Information Center, the revenue was collected from direct and indirect taxes as well as municipality service. Add a comment Add a comment