A delegation of 50 Italian companies will be arriving in Addis Ababa, with the head of the Italian Trade Agency, to participate in the 18th Addis Chamber International Trade Fair, Fortune reported.
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The World Bank Group’s International Financial Corporation (IFC) is considering a US$ 19 million investment in an international standard hotel in Addis Ababa, Ethiopia, Fortune reported.
The Commercial Bank of Ethiopia (CBE) has earned a gross profit of 4.6 billion birr in the first half of the 2013/14 fiscal year, Fortune reported.
Ethiopian Airlines is pleased to announce the completion of a Turnkey contract Agreement for construction of its cargo terminal 2 and apron ,with Unitechnik Systems GmbH of Germany, and Varnero Construction on January 10, 2014. The total cost of the Cargo Terminal project is 107 million EURO.
Ethio telecom reported over seven billion birr revenue in the first half of the fiscal year, according to Fortune.
The Ministry of Urban Development, Housing and Construction presented for discussion with stakeholders the draft proclamation governing the construction industry, The Ethiopian Herald reported.
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MH Engineering PLC won the architectural design competition of Ethiopian Insurance Corporation's multi-purpose building, Capital reported.
Three coffee producers and exporters won the 2013/ 2014 Taste of Harvest (ToH) coffee competition, Fortune reported.
Heineken, the Dutch brewery company, has received the delivery of huge fermentation tanks for the brewing plant it has been constructing in the Kilinto area, Akaki Kaliti District, Fortune reported.
The Addis Ababa City Roads Authority (AACRA) has built 255 km of road during the first half of the 2013/14 fiscal year, achieving 54.4% of the total asphalt, gravel and cobblestone roads planned for the fiscal year, Fortune reported.
