2merkato

The Ethiopian Ministry of Trade signed a memorandum of understanding with various federal sector offices that issue certificate of professional competence for business activities, Walta Information Center reported. 

The MoU aims to ensure a coordinated working relation between the ministry and the 36 sectoral government institutions that issue professional competence certificates for commercial activities.

Diageo, the London based alcoholic beverages company is planning to invest at least US$ 50 million in the Meta Abo Brewery soon, according to Capital.

Diageo’s Marketing Director for African Regional Markets, Ekwunife Okoli, said the company will be investing in the expansion of the Meta Abo Brewery.

The Ethiopian Maritime Affairs Authority issued a new rule for containerized cargo shipments limiting maximum allowable cargo weights of 20 TEU (Twenty Feet Equivalent Unit) containers not to exceed 20 tons, including the weight of the container, Capital reported.

The new rule reduced container weights from 24 to 20 tons in order to prevent damages to roads and promote safety.

Construction on the first phase of the Tendaho Sugar plant located in Afar regional state is being finalized. Over 80 percent of the construction work has already been completed, Ethiopian News Agency reported.

Abreham Berhe, the project's office manager told Ethiopian News Agency on Monday that the project includes construction of a reservoir which has a capacity to hold 1.86 billion cubic meter water and 14,000 hectares of land has be covered with sugarcane plantation, the Manager said.