2merkato

BGI Ethiopia has acquired a 30% share in Raya Brewery worth 75 million birr. Raya Brewery has sold 217.5 million birr in shares so far according to Lemma Bekele, General Manager of the brewery.

Raya Brewery intends to sell 250 million birr in shares and has presented a request for a 482 million birr loan from the Commercial Bank of Ethiopia said Lemma.

Companies, selected by the Ethiopian Transport Authority, to provide Automated Vehicle Inspection are finalizing the required criteria. 

The eight companies selected to provide the inspection services are Global Insurance, Gigar Trading, Care Tech plc, Hagbes plc, Tikur Abay Transport SC, MN Drivers plc, Orbis and Reis Engineering. So far only Gigar Trading, Reis Engineering, Hagbes plc and Orbis have fulfilled the requirements set out by the ETA.

The Ethiopian Mapping Agency put out an invitation for companies interested in conducting aerial photography in digital format and photo-grammetric processing last week. The tender will remain open until the 15th of December.

The invitation includes aerial photography of 23 major urban areas including Addis Ababa, Dire Dawa and regional states in an effort to prepare a national cadastral map.

A fertilizer shipment worth 264.8 million US dollars is expected to arrive next week. The 450, 000 tons of fertilizer is supplied by a Swiss company, Amropa- Ag and Indiargo.

The fertilizer purchase is less than the Ethiopian government's plan to import two years worth of fertilizer in the expectation that international prices will increase. Price increases already in effect limited the government to the purchase of supplies for just one year. Current fertilizer prices have risen from 491 dollars to 503 dollars for a ton of Urea and from 590 dollars to 630 dollars for a ton of Dap fertilizer.