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Ethiopia Earned USD 114 Million from Horticulture

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Published on 19 February 2015
Category: Latest Business Alerts

Ethiopian Horticulture Development Agency (EHDA) disclosed Ethiopia earned a total of USD 114 million from horticultural export in during the first half of the current fiscal year.

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Ethiopia: PEPSA Failed to Privatize Any Enterprise

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Published on 18 February 2015
Category: Latest Business Alerts

Public Enterprises Privatization Service Agency (PEPSA) failed to privatize none of the five enterprises it aimed to transfer during the first half of the current Ethiopian fiscal year.

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Ethiopia: Denim Factory Starts Trial Production

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Published on 18 February 2015
Category: Latest Business Alerts

East Africa’s first denim factory, Kanoria African Textiles Spinning, commenced trial production in Ethiopia.

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Ethiopia: CBE Extended 31.8 Billion Birr as Loan

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Published on 18 February 2015
Category: Latest Business Alerts

The state owned Commercial Bank of Ethiopia (CBE) extended over 31.8 billion Birr loan to mega projects and the private sector in the first half of the current fiscal year.

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Ethiopia: National Chamber to Amend Charter

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Published on 18 February 2015
Category: Latest Business Alerts

The final draft to amend Ethiopia’s national Chamber of Commerce and Sectoral Association’s charter is finalized.

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Ethiopia: Iodizing Machines Supplied for Salt Producers

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Published on 17 February 2015
Category: Latest Business Alerts

Global Alliance for Improved Nutrition (GAIN) provided three salt producing areas in Ethiopia salt iodizing machines.

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Ethiopia: Government to Set Cotton Price

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Published on 17 February 2015
Category: Latest Business Alerts

Ethiopia’s Ministry of Industry (MoI) is going to set the price for cotton following the pointing fingers from and to cotton producers and textile factories.

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Ethiopia and Djibouti Agreed to Construct Oil Pipeline

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Published on 17 February 2015
Category: Latest Business Alerts

Ethiopia and Djibouti concluded an agreement giving a green light for the construction of an oil pipeline that stretches across the two countries. The pipeline is going to be managed by the US based African infrastructure development company Black Rhino.

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Ethiopia: Tendaho Project 90 Percent Complete

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Published on 17 February 2015
Category: Latest Business Alerts

Ethiopia’s Ministry of Water, Irrigation and Energy disclosed Tendaho irrigation development and dam project is 93 percent of completed.

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Ethiopia: Expansion Work on Airport to Finalize in 2018

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Published on 16 February 2015
Category: Latest Business Alerts

The expansion work Ethiopia is undertaking on the Bole International Airport (BIA) is expected to be completed by 2018. Upon commencing giving service it is expected to triple the number of passengers the airport handles every year.

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