2merkato

Alliance Media, prominent advertisement provider in Africa, is to begin operating in Ethiopia. The international advertising firm expects to erect more than a hundred large billboards in Addis Ababa, Adama and Hawassa.

The billboards designed for outdoor advertisement will be 23.5 meters high, 1.2 meters wide and 85 centimeters thick. Each metal billboard will cost 1.1 million birr to set with out taking into account the foundation.

Three Ethiopian companies have been assigned the task of supplying and building the structure while 26 local contractors will be in charge of the foundation work according to sources.

Addis Ababa, Ethiopia is to host a textile expo from the 8th to the 11th of March. The exhibition will be held at the Addis Ababa Exhibition Center according to the Textile Industry Development Institute.

The expo is expected to include an exhibition, design competition, symposium, and site visit.

The exhibition will be an opportunity to promote Ethiopia’s textile products to the rest of the world said Sileshi Lemma Institute General Director.

The Ethiopian Chamber of Commerce and Sectoral Association announced a decision to share its headquarters with four other associations. The newly elected board of the chamber in Ethiopia made the decision that solved a contentious issue between the ECCSA and the Addis Ababa chamber.

The four associations to share quarters with the ECCSA are the Addis Ababa Chamber of Commerce and Sectoral Association, the Addis Ababa Sectoral Association, Oromia Chamber of Commerce and Sectoral Association and the National Sectoral Association.

The Ethiopian Electric Power Corporation is working to address the persistently increasing demand for power in Ethiopia announced Miheret Debebe Chief Executive Officer of the Corporation.  

It is expected that electric coverage in Ethiopia will reach 75% in five years when the country is able to generate 8000-10000 MW he said.

The completion of projects initiated to increase the capacity of the nation to generate more electric power will allow Ethiopia to export power to neighboring countries according to Miheret.