2merkato

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.

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

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.

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”.