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Ethiopia: Dangote Cement Plant to be Inaugurated

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Published on 26 May 2015
Category: Latest Business Alerts

Dangote Cement PLC is to inaugurate its cement plant in Ethiopia on Thursday, June 5, 2015, according to The Daily Monitor.

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Indian Business Delegation to Visit Ethiopia

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Published on 26 May 2015
Category: Latest Business Alerts

Indian business delegation which has 15 members from various sectors is to visit Addis Ababa, Ethiopia, according to the Indian Embassy in the Capital.

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Ethiopia: MIDROC Construction to Complete Construction of Dashen Bank’s Headquarters

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Published on 26 May 2015
Category: Latest Business Alerts

dashen-bankDashen Bank has concluded an agreement with MIDROC-Ethiopia Construction PLC worth Birr 593 million to complete the work on its headquarters on Thursday, May 21, 2015, according to Addis Fortune.

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Ethiopia: NBE Approves Dashen’s Asfaw Alemu as President

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Published on 25 May 2015
Category: Latest Business Alerts

dashen-bankNational Bank of Ethiopia (NBE) has approved the appointment of Acting President of Dashen, Asfaw Alemu as president on Friday, May 15, 2015, Addis Fortune reported.

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WB Extended USD 370 Million Loan to Improve Ethiopia’s Transportation System

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Published on 25 May 2015
Category: Latest Business Alerts

worldbank-logoWorld Bank has allowed Ethiopia USD 370 million loan on May 18, 2015 for further expansion of its transportation system and provision of safe and efficient roads, Ethiopian News Agency reported.

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Ethiopia: City Authority Concluded Road Agreements

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Published on 25 May 2015
Category: Latest Business Alerts

AACRAThe Addis Ababa City Administration Roads Authority concluded road agreements with contractors in the Authority’s premise on May 22, 2015, according to the Ethiopian Herald.

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Ethiopia’s Economy to Grow 10.5 Percent in 2015/16: World Bank

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Published on 25 May 2015
Category: Latest Business Alerts

world-bank-logoEthiopia’s economy is expected to grow by 10.5 percent in 2015/16 budget year, the World Bank   said on May 22, 2015, adding inflation will remain in single digits in this period.

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Ethiopia: METEC Inaugurated Debre Berhane Construction Machinery Industry

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Published on 25 May 2015
Category: Latest Business Alerts

metecMetals and Engineering Corporation (METEC) inaugurated Construction Machinery Assembly and Manufacturing Factory on May 19, 2015 at Debre Berhan Town, Ethiopian Herald reported.

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Ethiopia: Sebeta/ Addis Ababa-Adama-Mieso Railway Project Due for Completion

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Published on 22 May 2015
Category: Latest Business Alerts

The Sebeta/ Addis Ababa-Adama-Mieso railway which is part of Ethiopia’s key railway project of Addis Ababa-Djibouti railway is due for completion, according to The Daily Monitor.

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Ethiopia: Jimma-Bonga Road inaugurated

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Published on 22 May 2015
Category: Latest Business Alerts

Jimma-Bonga road, which links Oromia regional State with Southern Nations, Nationalities and Peoples’ Region (SNNPR), was inaugurated on May 19, 2015 with Birr 896 million, according to Ethiopian News Agency (ENA).

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