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ENAO to Create a Uniform System of Accreditation Across Ethiopia

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Published on 23 March 2016
Category: Latest Business Alerts

Ethiopian National Accreditation Office (ENAO) announced that it aimed to create a uniform system of accreditation across Ethiopia. The office encourages service seekers to benefit from its specific services such as laboratory testing, calibration, certification and inspection.

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Development Bank of Ethiopia Aims to Disburse 112 Billion Birr Loan

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Published on 23 March 2016
Category: Latest Business Alerts

Development Bank of Ethiopia (DBE) announced it aims at extending 112 billion Birr loan during the second Growth and Transformation Plan (GTP II) period.

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Ethiopian Airlines to Receive A350 by May

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Published on 23 March 2016
Category: Latest Business Alerts

Ethiopia’s flag carrier, Ethiopian Airlines, will take delivery of Airbus A350-900 jetliner by May 2016, for the company’s 70th anniversary celebration.

The jetliner is going to be the first of its kind in Africa. Commenting on the development, Airbus said there was an established customer support in Ethiopians’ premises which will work closely with Ethiopian Airlines to ensure the smooth entry into service of the A350XWB with the airline.

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Ethiopia: Agency Suspends Giving Land for Investors

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Published on 23 March 2016
Category: Latest Business Alerts

Ethiopian Agriculture Investment and Land Administration Agency (EAILAA) suspended giving land for large scale agricultural investments. The suspension is for unspecified time, Fana Broadcasting Corporate reported.

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Ethiopia: 4 Public Enterprises Out for Privatization

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Published on 23 March 2016
Category: Latest Business Alerts

Ministry of Public Enterprises is set to privatize 4 public enterprises operating in Ethiopia: Bahir Dar Textile S.C., Kombolcha Textile S.C., National Tobacco Enterprise S.C. and Ethiopian Crown Cork and Can Manufacturing Industry S.C.

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Ethiopian Airlines to Send Technicians Abroad

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Published on 22 March 2016
Category: Latest Business Alerts

Ethiopia’s flag carrier, Ethiopian Airlines, announced it had begun to send its technicians to other African countries.

According to Zemen Nega, Managing Director of the Airlines’ maintenance, repair and overhaul center, the technicians will be sent to Malawi, Rwanda, Cameroon and other African countries.

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Ethiopia Drafting Framework for Public-Private Partnerships

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Published on 22 March 2016
Category: Latest Business Alerts

In the aim of expanding the implementation of public-private partnerships (PPP), Ethiopia’s government is drafting a legal as well as policy framework.

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Ethiopia Earned 1.7 Billion USD from Tourism

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Published on 22 March 2016
Category: Latest Business Alerts

Ethiopia generated more than 1.7 billion USD in the first 6 months of the current fiscal year. The announcement was made by the Ministry of Culture and Tourism.

According to Public Relations and International Affairs Director at the Ministry, Gezahegn Abate, explained the revenue was collected from 470,000 tourists that visited Ethiopia during the period.

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Ethiopia: Tigray’s Hotels Got Rating

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Published on 19 March 2016
Category: Latest Business Alerts

Ministry of Culture and Tourism conducted rating for hotels in Tigray Region, Northern Ethiopia. Gezahegn Abate, Public and International Relations Director at the Ministry, explained 8 out of 34 hotels were rated by the Ministry.

10 hotels were ineligible for the rating since they had problems regarding their license, Gezahegn explained.

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Ethiopia: Construction of Tunnels for Meqele-Woldeya-Hara Gebeyehu Railway Line Commenced

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Published on 19 March 2016
Category: Latest Business Alerts

Construction of 4 tunnels which are part of Meqele-Woldeya-Hara Gebeyehu railway line commenced, Ethiopian Railways Corporation (ERC) noted. Upon completion the railway line will have 8 tunnels.

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