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African Bamboo Plc. Awarded US$ 1.75 million in USAID Grant

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Published on 04 February 2014
Category: Latest Business Alerts

africa-bambooUSAID awarded a total grant of US$ 1.75 million to African Bamboo Plc on Friday, January 31, 2014, Fortune reported.

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Ethiopia: Construction works on LRT project 50% Completed

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Published on 31 January 2014
Category: Latest Business Alerts

The Ethiopian Railway Corporation (ERC) says 50 percent of the Addis Abeba Light Railway project (LRT) has been completed, Fortune reported.

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Ethiopia: Chamber of Commerce and AAU signed MoU to Forge Closer Ties

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Published on 30 January 2014
Category: Latest Business Alerts

The Ethiopian Chamber of Commerce & Sectoral Associations and Addis Ababa University yesterday signed a Memorandum of Understanding (MoU) to work together.

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Ethiopia: City Bus Rapid Transit Pilot Project Feasibility Study nearing Completion

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Published on 30 January 2014
Category: Latest Business Alerts

The Addis Ababa City Bus Rapid Transit (BRT) pilot project feasibility study is nearing finalization, Ethiopian Press Agency reported citing the City Roads and Transport Bureau.

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Ethiopia: LIDI to build Common Waste Disposal System for Tanneries

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Published on 30 January 2014
Category: Latest Business Alerts

lidiThe Leather Industry Development Institute (LIDI) is to build a common waste disposal system for tanneries in Ethiopia in Modjo town, 71 km from Addis Abeba, according to Fortune.

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Ethiopia: House Passed Livestock Trading Proclamation

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Published on 30 January 2014
Category: Latest Business Alerts

Ethiopia's House of People's Representatives passed the livestock trading law on Tuesday, January 21, 2014, Fortune reported.

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Ethiopia: NBE approved new President of Enat Bank

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Published on 29 January 2014
Category: Latest Business Alerts

enat-bankThe National Bank of Ethiopia (NBE) has accepted the nomination of Wondwesen Teshome to serve as president of Enat Bank S.C., Fortune reported.

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Ethiopia: House approved several Loan Agreements with International Financiers

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Published on 29 January 2014
Category: Latest Business Alerts

The Ethiopian House of People’s Representatives approved loan agreements worth half-a-billion dollar on Tuesday, according to The Reporter.

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Ethiopia: Norway granted Generalized System of Preference to Ethiopia

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Published on 28 January 2014
Category: Latest Business Alerts

The Norwegian government has granted Generalized System of Preference (GSP) to Ethiopia, allowing the country's products to enjoy tax exemption on entering the Norwegian market, according to The Reporter.

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Ethiopia: ECX added Mung Beans to its Trading Floor

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Published on 28 January 2014
Category: Latest Business Alerts

ecxMung beans become the sixth commodity to be traded on the Ethiopian Commodity Exchange (ECX) trading floor on Wednesday, January 22, 2014, Fortune reported.

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