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Ethiopia to Construct Dam Near Lake Beseqa

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Published on 09 December 2015
Category: Latest Business Alerts

The Awash Basin Authority revealed plans on December 7, 2015, to construct a dam near Lake Beseqa at a cost of seven billion Birr.

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Ethiopia Earns over USD 79 Million from Minerals in Quarter Year

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Published on 08 December 2015
Category: Latest Business Alerts

The Ministry of Mines, Petroleum and Natural Gas said Ethiopia has secured USD 79.3 million from mineral in the first quarter of the fiscal year.

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Ethiopian Airlines to Buy More Flight Simulators

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Published on 08 December 2015
Category: Latest Business Alerts

Ethiopian Airlines revealed plans to purchase new flight simulators for new fleet of aircraft to be introduced in the coming few years.

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Ethiopia, China Adopt Mutual Visa Exemption Agreement

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Published on 08 December 2015
Category: Latest Business Alerts

Ethiopia and China on Monday, December 07, 2015, have adopted a new mutual visa exemption agreement for diplomatic and service passport holders entering each other’s borders, according to Xinhua.

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Foreign Company Acquired Ethiopian Bottling Plant

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Published on 08 December 2015
Category: Latest Business Alerts

Atlas Dev & Support Services Ltd said it has completed its acquisition of East Africa Packaging Holdings Limited (‘EAPH’).

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KCB Plans to Open Representative Office in Ethiopia

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Published on 08 December 2015
Category: Latest Business Alerts

KCB Group announced plans to open representative office in Ethiopia to facilitate trade flow across the Horn of Africa and East Africa, The Daily Monitor reported.

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IGAD Facilitating Bilateral Fish Trade Negotiations between Ethiopia, Djibouti

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Published on 07 December 2015
Category: Latest Business Alerts

The Intergovernmental Authority on Development (IGAD) is holding a Study Progress Report workshop from December 7 to 8, 2015 in Addis Ababa, to facilitate bilateral fish trade negotiations between Ethiopia and Djibouti.

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Draft Bill Proposes Income Tax Exemptions for Cooperatives in Ethiopia

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Published on 07 December 2015
Category: Latest Business Alerts

The House of People’s Representatives (HPR) of Ethiopia on Tuesday, December 1, 2015, held a discussion on a draft bill that look up income tax exemptions for cooperative societies, according to The Reporter.

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UNESCO Registers Sidama's New Year in Ethiopia as Intangible World Heritage

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Published on 07 December 2015
Category: Latest Business Alerts

Fiche Chamballala, New Year of the Sidama people of Ethiopia, has been registered as UNESCO’s Intangible World Heritage, Fana Broadcasting Corporate reported.

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ICT Minister Encourages Japanese Tech Companies to Invest in Ethiopia

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Published on 07 December 2015
Category: Latest Business Alerts

Minister of Information and Communication Technology of Ethiopia, Debretsion Gebremichael exhorted Japanese companies to invest in Ethiopia’s ICT industry, Ethiopian News Agency reported.

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