Allanasons Ltd, India's largest exporter of processed food products, signed an agreement with the Ministry of Industry establish a meat processing plant, Walta Information Center reported.
Add a comment Add a comment
Habesha Cement S.C. has secured a letter of credit (LC) for its Chinese contractor from the Eastern & Southern Africa Trade & Development Bank, known as the PTA, Fortune reported.
The International Development Association (IDA) released the US$ 50 million fund for the National Urban Project, benefiting women entrepreneurs running small businesses, Fortune reported.
Africa Insurance Company SC, reported 30.7 million birr in profits before tax for the 2012/13 fiscal year, Capital reported.
The Ministry of Trade (MoT) is set to take measures against importers who have failed to comply with the ministry's standard quality certification requirement for 57 items, Fortune reported.
Add a comment Add a comment
Abay Bank, reported 38.04 million birr profit after tax and earnings per share of 14.3 Br from 12.2 birr, Fortune reported.
Bank of Abyssinia (BoA) signed a contract with S2M – a Moroccan company –, on Saturday, December 28, 2013, for the installation of 200 Point of Sale (PoS) machines and Electronic Fund Transfer (EFT) switch machines, Fortune reported.
North Holdings Investment Inc., U.S. based Ethiopian-American company is to build a cement factory with US$ 800 million investment near Dejen town, in Amhara Regional State, according to The Reporter.
Add a comment Add a comment
The Commercial Bank of Ethiopia (CBE) earned US$ 1.1 billion from export trade in the 2012/13 fiscal year, according to The Reporter.
Ethiopian Airlines, the fastest growing and the most profitable Airline in Africa, has graduated 52 Aviation Maintenance Technicians, 47 Marketing and 25 Finance trainees on December 26, 2103 at a graduation ceremony held at the airline's Headquarters.
