2merkato

During the second phase of the Growth and Transformation Plan (GTP II), which runs from 2015 to 2020, Ethiopia is going to spend a total of USD 20 Billion Birr on its power development program.

Ethiopian Airlines launched customer service that enables its customers to access flight information as well as cargo tracking services via Mobile Short Message Service (SMS).

Aba Samuel Hydroelectric Power Plant, the oldest hydroelectric power plant in Ethiopia, is going to restart operation in two years time after 40 years.

The Ethiopian telecom monopole, Ethio telecom, secured over five Billion Birr in the first quarter of this fiscal year.

Ethiopian Roads Authority (ERA) it plans to complete 43 road projects by the current fiscal year.

Ethiopian Airlines, the largest and most profitable airline in Africa, has secured a U.S. $ 41.4 Million seven year junior loan facility from ING Capital LLC for the acquisition of two Boeing 777 freighter aircraft.

Diplomatic Spouses Group of Ethiopia (DSGE), which is an annual event, is going to be held for one day on Saturday, November 22, 2014 here in Addis Ababa’s Millennium Hall.

Reports of the last four years of the Growth and Transformation Plan (GTP) revealed revenues from oilseed surpassed what coffee managed to bring to Ethiopia. During the 2013/2014 fiscal year, oilseed brought U.S. $ 920 Million which was U.S. $ 201 Million up when compare to revenues from coffee.

Ministry of Urban Development, Housing and Construction (MUDHC) disclosed it allotted 11 Billion Birr for the construction of urban infrastructure in the next four years.

Juice Factory built at an estimated cost of 80 Million Birr in Sebeta Town was inaugurated Yesterday, November 19, 2014.