Latest Business Alerts

Ethiopia and Zambia Developing Bilateral Relations

Ethiopia and Zambia are working on developing bilateral relations said Francis Simenda Zambian Ambassador to Ethiopia.

The two nations are taking measures to enhance existing relations he explained speaking at an event organized in Addis Ababa to commemorate the 48th Anniversary of Zambian Independence.

Ethiopia and Zambia have agreement on diplomatic, economic and technical cooperation which were recently signed into effect said Simenda.

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Addis Ababa Municipality Revises Sewage Transport Tariffs

The Municipality of Addis Ababa revised the tariffs it had established for sewage disposal. The Addis Ababa City Water and Sewerage Authority has been offering this service for 69 birr levied on households for the past 15 years but has now increased the charge to 176 birr.

The increase in the tariff due to the current revision is an estimated 155% making the revision a considerable one according to sources.

The rate charged by private operators for the same service has gone up from 196 birr to 500 birr it was learned.

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Ethiopian Prime Minister Holds Talks with Investors

The Ethiopian Prime Minister Haile Mariam Dessalegn held a consultative meeting with domestic and international investors in Addis Ababa this week according to the Ministry of Industry. The PM met with investors engaged in the production of raw materials for the industrial and agricultural sectors it was noted.

The meeting is expected to help set the directions for investment and to enhance the performance of the sector by identifying the challenges and appreciating the achievements said Mekonnen Manyazewal Minister for Industry.

The talks are also intended to affirm the governments continued commitment to implement the goals of the national development plan and the recognition it has of the invaluable role that is placed by investors in the realization of this plan he added.

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15th CODATU Conference Launched in Ethiopia

The 15th conference of the Cooperation of Urban Mobility in the Developing World was launched in Ethiopia this week.

The conference is being held under the theme of the ‘Role of Urban Mobility in (Re) Shaping Cities.’The conference comprises of a range of different activities including a photo exhibition according to sources.

The conference is intended to showcase the transport and urban development activities taking place in the country said Engineer Fekade Haile, General Manager of the Addis Ababa City Roads Authority.

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New Biofertilizer Technology to Improve Productivity

A new soyabean bio fertilizer technology introduced to farmers in Jimma improved productivity according to the Ethiopian Agricultural Research Institute.

Utilizing the new soybean bio fertilizer will not only improve productivity but it will also decrease fertilizer costs said Dr. Solomon Assefa, Director General of the Institute.

The agricultural institute is committed to the expansion of the technology across the country in partnership with different stakeholders he noted.

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