2merkato

New Zealand’s Dairy and Beef Solutions Ltd expressed its interest to invest in Ethiopia.

Huawei and Eltel concluded a major contract in Ethiopia. The agreement is for the installation of Optical Ground Wire (OPGW) covering 1, 600 Kilometers on the existing power transmission lines.

AMEC Americas, engineering and project management company, was appointed by Allana Potash to carry out frontend engineering design (Feed) as well as work on the one-million-tonne-a-year muriate of potash (MoP) Danakil project in Ethiopia.

Ethio Telecom disclosed it will start giving a 4G service for its customers in Addis Ababa beginning from the coming month. With regard to the rest of the country, Ethio Telecom will commence rendering the service in the coming year. The announcement by the Telecom company was announced on Tuesday, August 5, 2014 during a press conference.

After holding talks with President Mulatu Teshome, the DOW Company expressed its interest to invest in Ethiopia’s agriculture sector, in particular production of teff.

Ethiopian Airlines concluded with United Airlines a codeshare agreement which will be effective starting from Saturday, August 30, 2014.

Ministry of Urban Development, Housing and Construction (MUDHC) disclosed it has three new designs for its 40/60 housing schemes. The Ministry made this move following the large demand for the housing scheme.

After joining hands with Y.H.A Industrial and Trade Plc, Yegojo Equb expects to take its membership count to 100,000, making it the largest money and saving association across the entire Ethiopian territory.

Ethiopian Airlines has partnered up with Worldpay in order to make its business transaction more efficient and meet the demands of its global customer base.

Ministry of Mine disclosed Ethiopia earned more than U.S $ 500 Million from gold and precious minerals.