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Ethiopia: Ethiopian’s Cargo Hub Certified for ACC3 Regulation

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Published on 26 December 2014
Category: Latest Business Alerts

Ethiopian AirlinesEthiopia Airlines’ cargo hub, which is situated at Addis Ababa, is now eligible for the ACC3, a new European Union (EU) cargo security regulation.

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Egyptian Company to Establish Industry Zone in Ethiopia

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Published on 26 December 2014
Category: Latest Business Alerts

The Egyptian company Elsewedy Elecrtic Group sent an offer for the Ethiopia’s Ministry of Industry requesting to establish an industrial zone in Ethiopia.

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Ethiopia Invited for Investment Meeting in Dubai

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Published on 26 December 2014
Category: Latest Business Alerts

Ethiopia is invited to take part in Dubai's Annual Investment Meeting which is going to be held in the coming March.

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Ethiopia: Gibe II-Wollayta Sodo Transmission Line Three Months Away from Completion

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Published on 26 December 2014
Category: Latest Business Alerts

The power transmission line project that has a capacity of carrying 400 Kilovolt, Gibe II-Wollayta Sodo, is only three months away before completion.

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Ethiopia: National Bank to Change Old Notes to Brick Input

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Published on 23 December 2014
Category: Latest Business Alerts

In the aim of avoiding burning currency, which is the traditional way of destroying currency in Ethiopia, National Bank of Ethiopia (NBE) installed a machine that will change tired bills to inputs for brick manufacturing.

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Ethiopia: Ministry of Culture and Tourism Concluded Consultancy Agreement with UN Organ

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Published on 23 December 2014
Category: Latest Business Alerts

Ministry of Culture and Tourism (MCT) concluded consultancy service agreement with the United Nation World Tourism Organization (UNWTO) for the implementation of hotel rating classification.

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Ethiopia: Addis International Catering Commence Service

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Published on 23 December 2014
Category: Latest Business Alerts

Addis International Catering, which is a subsidiary of MIDROC Group, joined the Ethiopian catering services and has commenced service.

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Ethiopia: Ministry to Revise Profit Margin for Oil

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Published on 23 December 2014
Category: Latest Business Alerts

A draft regulation prepared by the Ministry of Trade (MoT) which revises the profit margin of oil companies and dealers in Ethiopia has been submitted to the Council of Ministers.

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Ethiopia’s Oil Import Bill to Decline by USD 600 Million

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Published on 22 December 2014
Category: Latest Business Alerts

Ethiopia’s oil import bill for the current fiscal year is going to go down by USD 600 Million, which is an estimated 21 percent of the overall import bill.

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Ethiopia: Dire Dawa – Dewele Road Upgrade Work Started

Details
Published on 22 December 2014
Category: Latest Business Alerts

Ethiopian Roads Authority (ERA) disclosed upgrade work for the Dire Dawa – Dewele road has been started and it is expected to cost the Authority 3.9 Billion Birr.

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