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42 Percent of Zarima-Mayday Dam Construction in Ethiopia Completed

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Published on 31 December 2015
Category: Latest Business Alerts

The construction of Zarima-Mayday Dam has reached 42 percent, Welkayit Sugar Development Project Office disclosed.

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China Seeks to Boost Cooperation with Ethiopia, Says Vice Foreign Minister

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Published on 31 December 2015
Category: Latest Business Alerts

China seeks to boost cooperation with Ethiopia in infrastructure development and transportation sector, Chinese vice Foreign Minister Zhang Ming said on Tuesday December 29, 2015.

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15 Local Companies in Ethiopia Win Federal Procurement Bid

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Published on 30 December 2015
Category: Latest Business Alerts

The Public Procurement and Property Disposal Services (PPPDS) has inked a deal worth 343 million Birr with 15 local companies for the procurement of stationery, toners and sanitary equipment for the federal offices, according to Capital.

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Ethiopian Airlines to Increase Bombardier Q400 Turboprop Fleet with a Follow-on Order for Two Aircraft

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Published on 30 December 2015
Category: Latest Business Alerts

ethiopian airlinesToronto and Addis Ababa, December 29, 2015 – Bombardier Commercial Aircraft and Addis Ababa-based Ethiopian Airlines Enterprise (Ethiopian Airlines) announced today that they have signed a firm purchase agreement for two additional Q400 turboprop airliners that will bring Ethiopian Airlines’ Q400 aircraft fleet to a total of 19 aircraft, the largest total fleet in Africa.

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HPR of Ethiopia Ratifies Overseas Employment Draft Proclamation

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Published on 30 December 2015
Category: Latest Business Alerts

The House of People’s Representatives (HPR) of Ethiopia has approved on December 29, 2015, the revised Overseas Employment Draft Proclamation, Ethiopian News Agency reported.

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Wolqait Sugar Factory in Ethiopia to Get Full Power in April

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Published on 29 December 2015
Category: Latest Business Alerts

eepco-logoEthiopian Electric Power (EEP) announced that the installation of power distribution and transmission lines for the Wolqait Sugar Factory in Tigray Regional State will be completed in April 2016.

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JETRO Set to Open Office in Ethiopia

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Published on 28 December 2015
Category: Latest Business Alerts

Japan External Trade Organization (JETRO) is said to open office in Ethiopia, according to Ethiopia’s Ministry of Foreign Affairs (MoFA).

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EEP Completes 79 Percent of Genale Dawa 3 Hydropower Project

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Published on 25 December 2015
Category: Latest Business Alerts

Ethiopian Electric Power (EEP) announced 79 percent of the construction of Genale Dawa 3 hydropower project is completed.

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Ethiopian Government Decides to Merge CBE and CBB

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Published on 24 December 2015
Category: Latest Business Alerts

The government of Ethiopia has decided to merge Commercial Bank of Ethiopia (CBE) and Construction and Business Bank (CBB), Fana Broadcasting Corporate reported.

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Ethiopia Set to Host Africa’s First OPEX

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Published on 22 December 2015
Category: Latest Business Alerts

The first Omani Products Exhibition in Africa (OPEX 2016) is going to be held in Ethiopia from April 11 to 14, 2015, Times of Omani reported.

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