Nicon PLC, an Ethiopian transit and cargo company, has announced plans to establish electric bicycles assembly plant in Ethiopia.
The company has secured land for the plant at a cost of 10 million Ethiopia birr and says it will start producing Ethiopian made bikes within a year. Add a comment Add a commentThis past week, Consumer Insight, a pan African research company in partnership with 251 Communications, an advertising agency based in Ethiopia, released its research study on Ethiopian women lifestyle, as identified by a survey of 555 women of all ages and income levels.
The Ethiopian Ministry of Urban Development & Construction (MoUCD) has drafted a regulation to establish the Ethiopian Construction Project Management Institute.
The draft regulation, which will be submitted to the Council of Ministers in few weeks time, is said to ensure the effective implementation of construction projects in Ethiopia. Add a comment Add a commentEthiopia has earned US$419 million from export of minerals supplied by artisanal miners in the 11 months of the current Ethiopian Fiscal Year, according to the Ministry of Mines.
The earning is 30 percent short of the Ministry’s revised projection for the period. Add a comment Add a commentThe Ethiopian Ministry of Industry launched its second phase private-sector capacity building project through the Ethiopian Competitiveness Facility (ECF). The project is have 4 million pounds budget financed by the UK Department for International Development (DFID).
