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Dashen Bank Reported 2.5 Billion Birr Revenue in 2014/15 Fiscal Year

Details
Published on 01 December 2015
Category: Latest Business Alerts

dashen-bankDashen Bank, one of private banks in Ethiopia has generated 2.5 billion Birr in revenue in the 2014/15 budget year, Capital reported.

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Newly Appointed President of JICA promises to Extend Support

Details
Published on 01 December 2015
Category: Latest Business Alerts

jica-logoThe newly appointed president of Japan International Cooperation Agency (JICA), Shinichi Kitaoka (PhD) has pledged to extend more support to Ethiopia in areas of economic political development during his presidency.

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Awash Insurance Registers the Highest Premium in Ethiopia

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Published on 01 December 2015
Category: Latest Business Alerts

awsha-insuranceAwash Insurance Company (AIC), one of the private insurance companies in Ethiopia has registered the highest premium in Ethiopia, according to Capital.

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ERA to Build Additional Axel Load Control on Trunk Roads in Ethiopia

Details
Published on 01 December 2015
Category: Latest Business Alerts

The Ethiopian Roads Authority (ERA) revealed plans to begin constructing three new axle load control on trunk roads and replacing eleven others with new ones in February with the money granted by Japanese government.

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Nyala Insurance Secures over 86 Million Birr Net Profit

Details
Published on 01 December 2015
Category: Latest Business Alerts

nayalaNyala Insurance, one of private insurance companies in Ethiopia said it has secured 86.9 million Birr profit in the 2014-2015 budget year, Ethiopian Herald reported.

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Nampak Plans to Open Bottle Plants in Ethiopia, Nigeria

Details
Published on 01 December 2015
Category: Latest Business Alerts

South Africa’s Nampak, leading manufacturer of beverage, food and non-perishable packaging, announced plans to open glass bottle factory in Nigeria and Ethiopia with an outlay of USD 155 million, according to Reuters.

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Korean Economic Delegation to Visit Ethiopia, Ivory Coast

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Published on 01 December 2015
Category: Latest Business Alerts

The Korean government said South Korean economic delegation team will come to Ethiopia and Ivory Coast to facilitate more trade and industrial cooperation.

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The Third Addis Agro-Food Exhibition Kicks Off in Ethiopia

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Published on 01 December 2015
Category: Latest Business Alerts

The third Addis Agro-Food Exhibition kicked off on November 27, 2015, at the Addis Ababa Exhibition Center, Ethiopian Herald reported.

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Ethiopia to Construct Over 750,000 Condos in GTP II

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Published on 01 December 2015
Category: Latest Business Alerts

Ethiopia announced plans to construct over 750,000 condominium houses in the GTP II period, Fana Broadcasting Corporate reported.

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Bosch Packaging Technology at the Forefront of Developing the Coffee Industry in Ethiopia

Details
Published on 27 November 2015
Category: Latest Business Alerts

boschGerman multinational the Bosch Group is hosting the ground breaking 1st International Coffee Processing and Packaging Round Table in Addis Ababa, Ethiopia on Friday.

It will feature representatives from United Nations Industrial Development Organisation (UNIDO), several industrial and agricultural institutions, big business, SMEs, farmers, civil society as well as local and international aid agencies in a strategic bid to enhance food security.

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