Latest Business Alerts

Ernst and Young to Present Study on Economic Growth Corridors in Ethiopia

Ernst and Young is to present the first phase of a study it conducted towards the development of a national framework for Economic Growth Corridors in Ethiopia on the 23rd of December, at the Hilton Hotel.

The study will be expected to define concepts related to Economic Growth Corridors, establish criteria for identifying them including the legal, organization, institutional and coordination procedures related to identification. The study will also deal with establishing and operating EGCs at the regional and federal levels.

Add a comment Add a comment
Read more...

Ethiopian Chamber Elects Female President

The Ethiopian Chamber of Commerce and Sectorial Association elected Mulu Solomon as president on the 17th of December. Mulu was elected as head of the chamber in Ethiopia after acquiring 112 votes out of a possible of 187.

Mulu was nominated as a presidential candidate for the ECCSA by the 7th General Assembly of the Addis Ababa Chamber of Commerce and Sectorial Association held last week.

Add a comment Add a comment
Read more...

Total Ethiopia Inaugurates First Solar Powered Station

Total Ethiopia inaugurated its first solar powered fuel station in Ethiopia on the 17th of December. The fuel station, found in Afar Regional Station, Djibouti Corridor, was refurbished for solar power use.

Total has been testing the fuel station after completing the outfitting of the fuel station for solar use. Tenesol, a subsidiary of the Total Group was charged with supplying the photovoltaic technology. The project was finalized by local partner, Vera International Business plc, at a cost of an estimated 1 million birr.

Add a comment Add a comment
Read more...

Ethiopia to Develop Fish Industry

The Ministry of Agriculture plans to promote Ethiopia’s fish industry on the international market. Establishing a commercial aquaculture will require focused research and development, increased partnerships between hatcheries, feed suppliers, producers and researchers as well as more significant investment by the private sector said Dr. Harrison Charo-Karisa Director of the National Aquaculture Research Development Training Center.

Add a comment Add a comment
Read more...

Addis Ababa, Ethiopia, Trade Chamber Re-elects President

The Addis Ababa  Chamber of Commerce and Sectoral Associations, the powerful trade chamber in Ethiopia, re-elected Ayalew Zegeye as President of the Board of Directors. Vice President Abebaw Mekonnen was also reelected.

Ayalew Zegeye was re-elected as the only finalist left in the final round. The committee in charge of the nomination process started out with a field of 19 prospective presidential candidates.

Add a comment Add a comment
Read more...