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Ethiopia to Host Fifth African Accreditation General Assembly

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Published on 19 September 2014
Category: Latest Business Alerts

Ethiopia is going to host the fifth African Accreditation General Assembly, the Ethiopian National Accreditation Office disclosed.

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More than 200 Construction Companies Exhibiting in Ethiopia

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Published on 19 September 2014
Category: Latest Business Alerts

A Construction Exhibition that will last for five days has been opened at Ethiopia’s capital, Addis Ababa, where more than 200 firms from various nations are taking part of. The Exhibition was opened on Wednesday, September 17, 2014, under the theme; “A path to better future”.

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Ethiopia Mineral Development Concluded MoU with Canadian Firm

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Published on 19 September 2014
Category: Latest Business Alerts

Ethiopia Mineral Development Share Company (EMD) concluded a memorandum of understanding (MoU) with CVMR Ltd during the Canadian Council of Africa’s Canada-Africa Business 2014 summit.

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Ethiopia to Get Further Assistance from World Bank

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Published on 18 September 2014
Category: Latest Business Alerts

World Bank’s Managing Director, Sri Mulyani Indrawati, affirmed the Bank’s further assistance to Ethiopia in the nation’s efforts in industrial development.

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Ethiopia: LRT Received U.S. $ 150,000 Loan

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Published on 18 September 2014
Category: Latest Business Alerts

Addis Ababa Light Rail Transit project (LRT) received a U.S. $ 150,000 loan from the United Nations Office of Project Services (UNOPS) after the project was registered as clean and environmentally friendly project. This is in addition to the U.S. $ 20 Million loan Ethiopian Railway Corporation (ERC) applied for at different climate financiers around the world.

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Ethiopia Aims to Collect U.S. $ 2.2 Billion from Manufacturing Sector

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Published on 18 September 2014
Category: Latest Business Alerts

Ahmed Abtew, Minister of Industry, disclosed the aim by Ethiopia for the current fiscal regarding the manufacturing sector is to get U.S. $ 2.2 Billion.

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UAE Company to Setup Aluminum Factory in Ethiopia

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Published on 18 September 2014
Category: Latest Business Alerts

al ghurairThe United Arab Emirates (UAE) based, Al Ghurair Group, is going to set up an aluminum factory in joint venture with Tracon Trading Plc at an outlay of U.S. $ 50 Million here in Ethiopia.

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Ethiopia: Ethiopian Won Passengers Choice Awards

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Published on 17 September 2014
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines announced it has won the Passenger Choice Awards as the “Best Airline in Africa” at the APEX 2014 EXPO. The Airline won the award second time in a row.

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Ethiopia: Commercial Bank Awarded Supply of 200 ATMs to Lebanese Company

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Published on 17 September 2014
Category: Latest Business Alerts

commercial bank of ethiopiaCommercial Bank of Ethiopia awarded Computer Business Machines (CBM), a Lebanese IT vendor, a contract for the supply and installation of 200 Automatic Teller Machines (ATM). The ATMs are said to be worth 51 Million Birr.

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Ethiopia: Amhara State Awarded Abay Insurance 5.4 Million Birr Contract

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Published on 17 September 2014
Category: Latest Business Alerts

abay insuranceAbay Insurance Company S.C. has been awarded to be the insurer of Amhara National Regional State’s (ANRS) 873 vehicles for two years. According to Fortune, the annual premium is going to be 5.4 Million Birr.

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