Latest Business Alerts

SGS Concluded Negotiations with Ethiopian Conformity Assessment Enterprise

The Ethiopian Conformity Assessment Enterprise (ECAE) and the Swiss Social & General Services (SGS) completed negotiation that took over a year for evaluation of the quality and security of products, according to national and international standards.

The agreement will enable Swiss Social & General Services to inspect the conformity of imported good bound to Ethiopia at the country of Origin, while the Ethiopian Conformity Assessment Enterprise will inspect exports from Ethiopia. Add a comment Add a comment

Ethiopian IT Companies Partner with SAP

SAP, a German based software development enterprise partnered with a consortium of Ethiopian IT companies;Techno Brain, Fairfax Technologies and United System Integrators. On the Financial Service Industry conference hosted by SAP at the Sherator Addis, Ethiopia, the company said it has refocused on the Ethiopian financial services industry. Add a comment Add a comment

KLM-Air France Suspend its Ethiopian Operation

KLM-Air France is stopping its operation in Ethiopia starting from March. KLM has been flying to Addis Ababa, Ethiopia from its center in Amsterdam sice 2006. KLM has been flying between Amsterdam and Addis three times a week with a stop-over in Khartoum.

Dick Van Nieuwenhuyzen, KLM-Air France country manager for Ethiopia and Sudan said, the airliner decided to stop its Ethiopia operations due to decreasing number of passenger because of fierce competition from other airliners and high operational costs due to fuel price hike.

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Bid Preparation for Ethiopia-Kenya Power Project Finalized

Preparations for the construction of the 1000 kilo meter long Ethiopia Kenya power grid line has been finalized. The tender document will be floated this week with construction scheduled to start this year, the Kenya Electricity Transmission Company announced.

The power transmission line project also include a separate project for the construction and erection of power convertor stations in Ethiopian and Kenyan cities capable of transmitting 2000 Mega watts. The contractor for this project has already been shortlisted. Add a comment Add a comment

AOC Concluded Peteroleum Exploration and Production Agreement

The Ethiopian Ministry of Mines and Africa Oil Corporation concluded peteroleum exploration and production agreement on Thursday in Addis Ababa, Ethiopia.
Mines Minister, Sinknesh Ejigu and Africa Oil Corporation Vice President for Business Development, James R. Phillips signed the agreement. The exploration and production concession covers huge acreage in South Omo and Ogaden regions of Ethiopia. Add a comment Add a comment