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Ethiopia Aims at 1,500 Megawatts from Wind Energy

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Published on 18 August 2016
Category: Latest Business Alerts

Ethiopia’s Government aims to set up wind power projects that can create 1,500 Megawatts during the second Growth and Transformation Plan Period (GTP II). The government intends to work on the projects by its own capacity.

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Ethiopia: Ethiopian Received Second Airbus

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Published on 17 August 2016
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines, the fastest growing and the largest African airline, has taken another leap forward by receiving its second Airbus A350 XWB, which arrived at Addis Ababa Bole International Airport on Tuesday, August 16, 2016.

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Ethiopia: Salt Factory in Semera Goes Operational

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Published on 17 August 2016
Category: Latest Business Alerts

Salt factory which was built at an outlay of 300 million Birr in Semera town, Afar State, has gone operational. The factory is built by investors from Ethiopia and Turkey.

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Ethiopia Developed 2.7 Million Hectares of Land by Irrigation

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Published on 16 August 2016
Category: Latest Business Alerts

Ethiopia developed around 2.7 million hectares of land by irrigation in the just concluded fiscal year. This was disclosed by the Ministry of Farming and Natural Resources (FNR).

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Ethiopia: Ethiopian’s Airbus Start London Heathrow Route

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Published on 16 August 2016
Category: Latest Business Alerts

Ethiopian AirlinesAfrica’s first and most technologically advanced aircraft Airbus A350 XWB will be launched on the London Heathrow route as of 14th August 2016.

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Ethiopia: New Meter Taxi to Start Giving Service

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Published on 16 August 2016
Category: Latest Business Alerts

New meter taxis, 15 in number, are set to commence giving service in Ethiopia’s capital, Addis Ababa, soon. The service provider, Addis Meter Taxi, was founded by 50 investors in 2015 an investment capital of almost 25 million Birr.

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Ethiopia: Ethiopian’s MRO Completed Modifications of 10 Dreamliners

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Published on 16 August 2016
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Maintenance, Repair and Overhaul (MRO), one of the finest aircraft, engine and components maintenance and overhaul centers in Africa and the Middle East, has achieved another milestone. It has successfully completed the modification of the first 10 Ethiopian Boeing 787 Dreamliners with more flatter and reclined bed position of business class seats which lays almost to full flat bed.

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Ethiopia: Agency to Extend 7 Billion Birr Loan

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Published on 12 August 2016
Category: Latest Business Alerts

Federal Manufacturing Industry Development Agency (FMIDA) disclosed it has prepared 7 billion Birr to be dispersed as loan for more than 17,000 enterprises this fiscal year. The enterprises are said to be engaged in manufacturing sector of Ethiopia’s economy.

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Ethiopia: New Corporation to Be Established for Railway Administration

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Published on 12 August 2016
Category: Latest Business Alerts

Ethiopian Railways Corporation (ERC) disclosed it will establish a new Corporation that will manage the under construction railway line that will connect Ethiopia’s capital with Djibouti, Addis Ababa – Mieso – Dewelle – Djibouti Railway line.

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Ethiopia: Premier Inaugurated 2 Roads Connecting Addis with Expressway

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Published on 10 August 2016
Category: Latest Business Alerts

Hailemariam Desalegn, Prime Minister of Ethiopia, inaugurated 2 roads that connect Addis – Adama Expressway with the capital city. The roads have a total length of 28.1 kilometers.

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