2merkato

New milk and yogurt brand dubbed Selale Diary Cooperative Union (SDCU) has debuted to Ethiopia’s market after building a new factory at an outlay of 28 million Birr.

The 24th annual African Aviation Conference is going to be held in Ethiopia’s capital, Addis Ababa, for two days starting from Tuesday, March 17, 2015.

Addis Ababa City Roads Authority (AACRA) concluded construction agreement with five different companies for the construction of new roads in Ethiopia’s capital, Addis Ababa. The roads are aimed at connecting residential condominium houses with the main road.

Algeria and Ethiopia concluded three cooperation agreements in the capital of Algeria, Algiers, on Sunday, March 15, 2015.

The American based global chemical manufacturer, Dow chemical Co. (DOW), announced it is on the way to offer water treatment and purification technologies to Ethiopia’s market.

Kifiya Lehulu, a financial technology private company, entered into a contract with the Ministry of Communication and Information Technology (MoCIT) and the Ethiopian  Broadcasting Corporation (EBC) to set up an electronic system to collect icense fees from one million TV owners in Addis Ababa this year. .

Ethiopia’s Federal Public Procurement and Property Disposal Service (PPPDS) disclosed it generated about 120 million Birr from the sale of disposable vehicles.

Five wheat processing factories that were built at the cost of 153 million Birr in Amhara State, Ethiopia, will commence operation in two months. The factories are built in East Gojam Zone and they consumed 153 million Birr.

One of Ethiopia’s three state owned banks, Ethiopian Development Bank (EDB) extended a total of 3.2 billion Birr loan in the first six months of the current fiscal year to agriculture and manufacturing.

Ethiopia’s federal legislature, House of Peoples’ Representatives, approved the appointment of Gemechu Dubiso Godana as Federal Auditor General and Gedam Mandefro Abate as his deputy. Both Gemechu and Gedam were appointed by the Prime Minister.