Development Bank of Ethiopia (DBE) announced selling of Grand Renaissance Dam bonds worth 1.4 billion Ethiopian birr in the concluded Ethiopian Fiscal Year.
Development Bank of Ethiopia President, Isaias Bahire, told Walta Information Center that preparations are underway to involve farmers and pastoralists across the nation in the purchase of bonds in the current fiscal year.
Add a comment Add a commentSgurrEnergy, Glasgow based renewable energy consultancy company is providing wind monitoring and analysis services for the first phase of the 400 MW wind farm project in Debre Birhan, Ethiopia.
Terra Global Energy Developers, U.S. energy developer selected SgurrEnergy to carry out wind measurement study for one year as part of the project’s technical and financial feasibility stage.
Add a comment Add a commentEthiopian insurance companies have collected combined gross premiums of 4.5 billion Ethiopian birr from general insurance, in the 2012/13 fiscal year, Fortune reported citing unaudited aggregated report of the National Bank of Ethiopia.
The amount showed a 17.7 percent growth from the 2011/12 aggregate performance.
Add a comment Add a commentEthiopia's Seka Agro Processing PLC. is planning to establish a juice processing plant in Bench Maji Zone, Southern Regional State of Ethiopia, Fortune reported.
The plant will be constructed on a four hectare plot, located 2km away from the company’s mango farm. Seka has already ordered processing machinery from Germany and Italy.
Add a comment Add a commentEthiopia has earned US$281 million from the manufacturing sector during the concluded fiscal year, the Ministry of Industry said.
Corporate Communication Director with the Ministry, Melaku Taye told Ethiopian News Agency over the weekend that the stated sum secured during the reported period is 52 percent of the US$542.4 million target set by the ministry. Add a comment Add a comment
