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Ethiopia: 584 Investment Licenses Issued by Tigray

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Published on 28 January 2015
Category: Latest Business Alerts

Urban Development, Construction and Industry Bureau of Tigray State disclosed it has issued license for a total of 584 investment projects during the first half of the current fiscal year. The projects are said to have 7.8 Billion Birr of capital.

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Ethiopia: Study on Modjo- Hawassa Expressway Completed

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Published on 27 January 2015
Category: Latest Business Alerts

Ethiopian Roads Authority (ERA) completed the study it conducted for the 220 Kilometers Modjo – Hawassa Expressway on the environmental and social impacts as well as Resettlement Action Plan.

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Ethiopia: Semera – Tadjourah Railway Bid Closing Date Extended

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Published on 27 January 2015
Category: Latest Business Alerts

The tender floated for the construction of Semera – Tadjourah railway is postponed by Ethiopian Railway Corporation (ERC) for the fifth time.

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Ethiopia: President to Inaugurate Raya Beer

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Published on 27 January 2015
Category: Latest Business Alerts

Ethiopia’s sixth brewery company, Raya Brewery S.C, is going to be inaugurated by President Mulatu Teshome (PhD) in the coming month.

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Ethiopia’s Capital to Take Deliver of 297 Mobile Toilets

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Published on 27 January 2015
Category: Latest Business Alerts

Ethiopia’s capital city is going to get 294 mobile toilets that are worth 30 Million Birr. Addis Ababa Water & Sewerage Authority (AAWSA) is going to take delivery of the toilets that are three square meters from the Metal and Engineering Corporation (MetEC).

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Ethiopia: Tedros Met US Chamber of Commerce Executive Vice President

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Published on 26 January 2015
Category: Latest Business Alerts

Tedros Adhanom (Dr.), Ethiopia’s Foreign Afffaris Minister, met with the US Chamber of Commerce Executive Vice-President and Head of International Affairs, Myron A. Brilliant, on Thursday, January 22, 2015.

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Ethiopia: Bamboo Star Aiming for Chinese Market

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Published on 26 January 2015
Category: Latest Business Alerts

Bamboo Star Agro-Forestry is going to start manufacturing bamboo products, including chopsticks, which are going to be exported to China form Ethiopia.

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Ethiopia: AALRP Conducted Electro-mechanical Test

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Published on 26 January 2015
Category: Latest Business Alerts

The Addis Ababa Light Rail Project (AALRP) performed electro-mechanical trial on the Meskel Sqaure – Kality corridor.

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Ethiopia: 70,000 Houses to Be Handed Over in Two Months

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Published on 26 January 2015
Category: Latest Business Alerts

70,000 condominiums built in the Ethiopian capital are going to be hand over in two months time. The announcement was made by the Minister for Urban Development, Housing and Construction, Mekuria Haile.

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South African Bank to Open Representative Office in Ethiopia

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Published on 23 January 2015
Category: Latest Business Alerts

The South African Standard Bank disclosed it is going to open a representative office in Ethiopia in two months time. This is despite the Ethiopian economy is closed for foreigners when it comes to commercial banking services.

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