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EEP to Revise Power Tariffs

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Published on 02 November 2015
Category: Latest Business Alerts

eepco-logoThe Ethiopian Electric Power (EEP) is said to revise tariffs on the sale of electric energy, Fana Broadcasting Corporate (FBC) reported.

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Ethiopia Willing to Host IEEE Branch Office in Addis Ababa

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Published on 30 October 2015
Category: Latest Business Alerts

Ethiopia is willing to host Institute of Electrical and Electronics Engineers (IEEE) branch office in Addis Ababa, according to its communication technology minister.

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METEC Targeting on Production Rather Than Assembly in GTP II

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Published on 30 October 2015
Category: Latest Business Alerts

metecThe Metal and Engineering Corporation (METEC) of Ethiopia has announced it will focus on the establishment of basic factories than assembling spare parts in GTP II period.

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Standard Bank Opens Representative Office in Ethiopia

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Published on 30 October 2015
Category: Latest Business Alerts

Standard Bank Group has disclosed the opening of its representative office in Addis Ababa, Ethiopia, The Daily Monitor reported.

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Siemens-Isolux Consortium to Undertake HDVC Project in Ethiopia, Kenya

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Published on 30 October 2015
Category: Latest Business Alerts

Isolux Corsan and its consortium partner Siemens have secured a contract to design and install High voltage direct current (HVDC) equipment between Ethiopia and Kenya.

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Ethiopia Targets to Double Road Expansion by 2020, Foreign Minister Says

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Published on 30 October 2015
Category: Latest Business Alerts

Ethiopia’s Foreign Minister Dr. Tedros Adhanom told India-Africa Summit participants that his country has aimed to double up its road expansion to 200 thousand by the end of GTP II period in 2020.

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The Economist Ethiopia Summit Kicks Off in Addis Ababa

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Published on 29 October 2015
Category: Latest Business Alerts

The Economist Ethiopia Summit kicked off on Wednesday, October 29, 2015, in Addis Ababa, The Daily Monitor reported.

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Black Rhino Eyeing Investments in Ethiopia’s Power Industry

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Published on 29 October 2015
Category: Latest Business Alerts

Black Rhino, owned by funds of U.S. investment company Blackstone Group, said on Wednesday October 28, 2015, that it is eyeing investments in Ethiopia’s power generation sector.

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Ethiopia Ready to Welcome Germany Investors, President Says

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Published on 29 October 2015
Category: Latest Business Alerts

Ethiopian President Mulatu Teshome said Ethiopia seeks to involve German investors in its investment sectors.

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Ethio Telecom to Open Bids for Infrastructure, Mobile Coverage Expansion Projects

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Published on 29 October 2015
Category: Latest Business Alerts

Ethio Telecom, Ethiopia’s State-run telecom Company will launch a tender in December, 2015, or January 2016, to upgrade the company’s infrastructure and expand its mobile coverage by 72 percent, according to its CEO.

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