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Ethiopia: Ethiopian Airlines Set to Start Flying to Doha

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Published on 03 November 2014
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines started disclosed it is set to start flying to Doha, capital of Qatar, starting from the coming December.

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Ethiopia: Agriculture and Food Laboratory to Be Inaugurated

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Published on 31 October 2014
Category: Latest Business Alerts

A new laboratory aimed to ensure safety and quality of agricultural and food products is going to be launched in Ethiopia by Food, Drink and Pharmaceuticals Development Institute.

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International Conference on Bamboo to Be Held in Ethiopia

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Published on 31 October 2014
Category: Latest Business Alerts

An international conference on Ethiopia’s bamboo is set to start on Wednesday, November 5, 2014 here in Ethiopia’s capital, Addis Ababa. It was the Ministry of Agriculture in collaboration with the Chinese based International Network for Bamboo and Rattan that organized the event.

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Ethiopia: Commercial Bank Extended 14.2 Billion Birr Loan

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Published on 30 October 2014
Category: Latest Business Alerts

The state owned Commercial Bank of Ethiopia (CBE) disclosed it has advanced, in the past three months, over 14.2 Billion Birr as loan for mega government projects and also the private sector.

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Ethiopia: Lion Bank Made 127.2 Million Birr Gross Profit

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Published on 30 October 2014
Category: Latest Business Alerts

Lion International Bank S.C. made a gross profit of 127.2 Million Birr from its last fiscal year operation. This was disclosed by the Board of Directors on Saturday, October 25, 2014.

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Ethiopia: European Firms Awarded With 2 Billion Birr Contract

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Published on 30 October 2014
Category: Latest Business Alerts

For the purpose expanding Addis Ababa’s sewerage treatment, the City Administration concluded a Memorandum of Understanding (MoU) with Actor and Denis, companies from Greece and Belgium.

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Ethiopia: Ministry of Trade Made Adjustment on Benzene Retail Price

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Published on 30 October 2014
Category: Latest Business Alerts

Ministry of Trade (MoT) made an adjustment to retail prices of benzene sold in Ethiopia’s capital, Addis Ababa, and its surrounding areas.

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Ethiopia: Lucy Insurance Made a 4.2 Million Birr Profit

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Published on 29 October 2014
Category: Latest Business Alerts

Lucy Insurance S.C., the youngest insurer in the Ethiopian economy, declared it made a total of 4.2 Million Birr profit during the last fiscal year.

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Ethiopia: 79 Kilometers Road for Transporting Sugar Factory’s Products

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Published on 29 October 2014
Category: Latest Business Alerts

A road that will be used for transporting products of Omo Kuraz Sugar Factory is going to be constructed at an outlay of 1.66 Billion Birr and it will stretch for 79 Kilometers.

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Ethiopia Concluded U.S. $ 865 Million Finance Package

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Published on 29 October 2014
Category: Latest Business Alerts

A finance package of U.S. $ 865 Million has been closed by the Ethiopian government for the purpose of funding some of the nation’s railway infrastructure.

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