Latest Business Alerts

IFC Launched Program to Ease Doing Business in Ethiopia

The International Finance Corporation (IFC), member of the World Bank Group is to cooperate with the Ethiopian Ministry of Trade (MoT) and Ethiopian Revenue and Customs Authority (ERCA) to help improve the country’s investment and trade environment.International Finance Corporation to assist Ethiopia improve its business and investment climate.

The Ministry of Trade will launch an electronic business licensing and trade registration system shortly, while Ethiopian Revenue and Customs Authority will consider to revise its laws.

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Avaya to Start Serving the Ethiopian Market

Avaya, a business communications solutions  provider, announced the launch of a business communications solutions company in Ethiopia on March 6, 2013, at the Sheraton Hotel.

At the launching ceremony, Avaya announced its plans of providing its next-generation business collaboration and communications solutions, unified communications, real-time video collaboration, contact centers, networking solutions and related services to companies Ethiopia. The company also has plans to expand its services in other African  countries.

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Hotel Nazrawi to be Inaugurated in May

Hotel Nazrawi to join the Ethiopian hospitality industry in time for the African Unions golden jubilee. The ten storey hotel, built on Gabon Avenue at a cost of 150 million birr is scheduled to be inaugurated the coming may.

Negussie Awgechew, general manager of Hotel Nazrawi said that the Hotel is has a panoramic view and offers services of a modern restaurant, a roof-top bar and fitness facilities including a spa and a morocco bath. The new hotel has 55 rooms including presidential suite and executive suite.

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Agency Introduced Government Procurement Standards

The Ethiopian Procurement and Property Administration Agency (FPAA) announced 224 new standards in relation to asset purchases by federal and regional government institutions. The Agency issued the new standards to minimize wastage of government money on purchase and fixing of assets by government agencies. The new standards introduced by the Agency will take effect in two weeks time. Add a comment Add a comment

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Ethiopian Food Producer Accredited by the SANAS

Hilina Enriched Foods Processing Center PLC,producer of the therapeutic food product, Plumpy'nut announced, the company has been accredited by the South African National Accreditation System (SANAS) for its new laboratory it is building.

Construction of the laboratory was launched in January 2007, at a cost of 80 million birr is now nearing completion. The company aimed to establishing a commercially accredited modern food testing laboratory in Ethiopia. Add a comment Add a comment

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