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Ethiopia: ECAA to Be Audited by UN Body

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Published on 09 December 2014
Category: Latest Business Alerts

Ethiopian Civil Aviation Authority’s (ECAA) working procedure for the coming year is going to be audited by the International Civil Aviation Organization (ICAO).

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Ethiopia: Akaki-Lebu Road 27 Percent Complete

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Published on 09 December 2014
Category: Latest Business Alerts

The Project Manager of Akaki-Lebu, Mr Hu, disclosed the road is currently 27 percent complete.

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Ethiopia: Enat Bank Hit First One Billion Deposit Mark

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Published on 09 December 2014
Category: Latest Business Alerts

enat bankEnat Bank surpassed the first one Billion Birr deposit mark in its first year operation. This was disclosed by Meaza Ashenafi, the Bank’s Board of Directors Chairperson, during the Enat’s annual report on Sunday, December 7, 2014.

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Ethiopia: Ethiopian Started Flying to Qatar’s Capital

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Published on 08 December 2014
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines began three weekly flights to the capital of Qatar, Doha, starting from December 2, 2014.

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Ethiopia: Commission Canceled 65 Investment Licenses in Three Months

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Published on 08 December 2014
Category: Latest Business Alerts

During the first three months of the current fiscal year, Ethiopian Investment Commission (EIC) revoked over 65 investment licenses claiming they did not go operational in the time set for them.

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Ethiopia Expects Record High Coffee Export

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Published on 08 December 2014
Category: Ethiopian Business News

Ethiopia expects it coffee to hit a record high during the current fiscal year when it comes to the export of the commodity. This is said to be attributable to the drought and diseases hitted crops in Latin America.

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Italian Textile Manufacturer to Open Branch in Ethiopia

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Published on 05 December 2014
Category: Latest Business Alerts

An Italian garment manufacturer, Calzedonia, is set to make investments in Ethiopia and is expected to open its first branch by next year in Tigray State, Mekele City.

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LG Opened TVET College in Ethiopia

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Published on 05 December 2014
Category: Latest Business Alerts

lgLG-KOICA Hope TVET College has finished its preparation to provide trainings in the areas of IT (Hardware and Network Servicing) and Electronics which contains two streams of Home and office Equipment servicing and Electronic and multimedia communication servicing. In each training stream the departments only accepted 25 qualified trainees so recently the college has a total of 75 students based on the criteria set by Addis Ababa TVET Agency and the entrance exam set by the college.

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Ethiopia: Raya Brewery to Test Its Factory

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Published on 03 December 2014
Category: Latest Business Alerts

In two weeks time Raya Brewery S.C. is going to start testing its factory aiming to start producing beer by the end of December.

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Ethiopia: Chinese Firms to Administer and Maintain Rails

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Published on 03 December 2014
Category: Latest Business Alerts

For the purpose of maintaining and managing the newly being built Addis Ababa Light Rail Project, Ethiopian Railways Corporation concluded USD 106 Million deals with two Chinese firms; China Railways Group and Shengen Meter Group.

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