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Ethiopia: Lehulu Launched Digital TV Fee Collection System

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Published on 16 March 2015
Category: Latest Business Alerts

lehuluKifiya 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. .

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Ethiopia: PPDS Earned 120 Million Birr

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Published on 13 March 2015
Category: Latest Business Alerts

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

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Ethiopia: Five Flour to Start Production in Two Months

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Published on 13 March 2015
Category: Latest Business Alerts

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.

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Ethiopia: DBE Extended 3.2 Billion Birr Loan

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Published on 13 March 2015
Category: Latest Business Alerts

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.

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Ethiopia: Federal Auditor General and Deputy Appointed

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Published on 12 March 2015
Category: Latest Business Alerts

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.

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Ethiopia Earned USD 706 from Oilseed and Pulses Export

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Published on 12 March 2015
Category: Latest Business Alerts

Ministry of Trade disclosed Ethiopia earned more than USD 706 million in the past eight months form the export of oilseeds and pulses.

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Ethiopia: Addis’ Roads and Houses to Get Modern Sign Posts

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Published on 12 March 2015
Category: Latest Business Alerts

Ethiopia’s capital Addis Ababa is going to get road address sign posts, house number and block plates that are worth over 34 million Birr. The city’s Integrated Land Information Centre concluded an agreement with Hibret Manufacturing and Machinery Construction Industry of Metals Engineering and Corporation for the effect of producing, transporting and erecting the said materials. The contract conclusion was done on Wednesday, March 11, 2015.

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Ethiopia to Host COMESA Summit

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Published on 12 March 2015
Category: Latest Business Alerts

Ethiopia’s capital Addis Ababa is going to host the Common Market for Eastern and Southern Africa (COMESA). The summit is expected to be held under the theme of “Inclusive and sustainable Industrial Development”.

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Ethiopia: ERCC Repaired and Constructed 7,819 Kilometers Road

Details
Published on 11 March 2015
Category: Latest Business Alerts

Ethiopian Road Construction Corporation (ERCC) disclosed it built and repaired a total of 7,819 kilometers in the past seven months across Ethiopia. The Corporation carried out the tasks at an outlay of 1 billion Birr.

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Ethiopia Plans to Build Expressways

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Published on 11 March 2015
Category: Latest Business Alerts

Ethiopia intends to build expressways across the country in areas that are regarded as major congested areas. According to Ethiopian Roads Authority (ERA), this is going to be done in the aim of solving the traffic overcrowding.

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