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Kuriftu Resort to Inagurate New Lakeside Restaurant

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Published on 30 April 2014
Category: Latest Business Alerts

kuriftuKuriftu Resort and Spa will inaugurate in two months time its new 15 Million Birr lakeside restaurant, Fortune reported. The restaurant is built on the shores of Lake Tana and on the left of the main Kuriftu Resort.

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Ethiopia to Push Mining Companies Towards Production

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Published on 30 April 2014
Category: Latest Business Alerts

The Ethiopian government is to exert pressure on mining companies following the dropping of gold’s price in the international market. The government is planning to force both local and international companies that are engaged in exploring gold to start production.

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Ethiopia: Jimma Town Gets New Airport

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Published on 29 April 2014
Category: Latest Business Alerts

A new airport was built in Jimma Town by the Ethiopian Airports Enterprise, The Reporter reported The airport was built at a cost of 490 Million Birr and named after Jimma’s prominent leader Abba JIffar.

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Ethiopia: Two State Enterprises Attracted Bids in PPESA's Privatization Tender

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Published on 29 April 2014
Category: Latest Business Alerts

Two Ethiopian public enterprises drew bids out of the for nine state owned enterprises offered for privatization by the Privatization and Public Enterprises Supervising Agency (PPESA) on its fourth round tender for the year, Fortune reported.

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Ethiopia: Canadian Mining Firm Tapped Gold in Tigray

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Published on 29 April 2014
Category: Latest Business Alerts

Tigray Resources Inc., a Canadian mining firm working in Ethiopia has announced that it has found gold and copper in the Tigray State, according to The Reporter. The company said it found the minerals on its second phase drilling and after it completed a 1117 meters drilling.

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Haile Mariam Stressed for Improved Manufacturing and Export Performance

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Published on 29 April 2014
Category: Latest Business Alerts

Prime Minister Haile Marial Dessalegn presented the nine months government performance report on Thursday, April 24, 2014 to the Ethiopian Parliament. His report, he has stressed the manufacturing and export sectors should improve their performances.

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Ethiopia: Oromia State Secured 484.5M Birr from Tourism

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Published on 26 April 2014
Category: Latest Business Alerts

The Oromia Regional State has collected more than 484.5 Million Birr from tourism in the past nine months of the current fiscal year, Walta Information Center reported.

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Ethiopia Marks Intellectual Property Day

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Published on 25 April 2014
Category: Latest Business Alerts

On Friday, April 25, 2014 Ethiopia marked the International Intellectual Property Day, The Ethiopian Herald reported.

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Ethiopia Earned US$ 300 Million from Minerals Export

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Published on 24 April 2014
Category: Latest Business Alerts

Ministry of Mines has disclosed that Ethiopia secured 300 million dollar revenue in the last nine months from the export of minerals.

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Ethiopia to Improve Minerals Quality and Quantity

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Published on 24 April 2014
Category: Latest Business Alerts

Ethiopia will be trying to improve its minerals quality as well as their quantity. This was said by Ministry of Mines on Wednesday, April 23, 2014 when discussing the Growth and Transformation Plan - Two (GTP-2).

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