Ethiopian federal offices are ready to establish special offices catering to investment and related requests from the Ethiopian Diaspora.
The new units will endeavour to reduce bureaucratic red tape as a precursor to complete Diaspora policy that will come into effect by December.
Add a comment Add a commentBaraton Trading P.L.C signed an agreement with Furukawa, a Japanese company, to import hydraulic breakers and rock drills.
The deal is expected to ease the problems faced by Ethiopian contractors to obtain the construction materials.
Add a comment Add a commentRepresentatives of the Dubai Chamber of Commerce and Industry are scheduled to visit Ethiopia in November.
The visit is due to a country focus presentation that members of the Ethiopian Chamber of Commerce and Sectoral Associations had made late in June to 150 companies in Dubai on the investment opportunities and promotion available in Ethiopia.
Add a comment Add a commentThe Ethiopia-Djibouti electric power transmission was launched yesterday in Djibouti in the presence of Meles
Zenawi, prime minister of Ethiopia and Omar Guelleh, president of Djibouti.
The project is estimated to meet 75 percent of Djibouti’s power demad.
The 65 million dollar project, largely financed by the African Development Bank (AfDB), aims to raise access to electricity in Djibouti to 60 percent by 2015 which was 49.5 percent in 2003.
Add a comment Add a commentThe Privatization and Public Supervising Agency (PPESA) was scheduled to hand over the management of Tepi 
Coffee Plantation to Green Coffee Agro Industry Plc on 3 October 2011 after the latter bought 51 percent of the shares in the plantation.
Green Plc had paid 111.3 million, 25percent of the shares it bought, two months ago. The 10,000 hectare plantation rests in two regional states, with 32 percent in the Gambella Regional State and the rest in Southern Nations Nationalities Regional State.
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