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Deloitte is to develop agribusinesses, finance and mining efforts alongside its consulting work in Ethiopia. It will conduct its business efforts alongside its consulting tasks said Sammy Onyango, Chief Executive Officer for Deloitte East Africa.

The company came to the decision to partner with domestic advisory and accountancy firm HST to take advantage of Ethiopia’s human resources and significant economic development he explained.

The partnership between HST and Deloitte was registered with a capital of 1.1 million birr Deloitte is expected to offer management consultancy, senior management training services, and tax advisory. Add a comment Add a comment

Egypt is seeking increased meat imports from Ethiopia according to Prime Minister Hailemariam Desalgen. Egyptian investors have also submitted a proposal to establish a modern abattoir in Ethiopia he added.

Pastoralists in Ethiopia need to focus on opening markets for their livestock he explained speaking at the 14th Pastoralist Day celebrated in Oromia Regional State.

The regional government is working on expanding infrastructure and strengthening market centers according to  Abdulaziz Mohammed, Deputy President of Oromia. Add a comment Add a comment

Artistic Printing Enterprise Ethiopia announced that it had earned more than 10 million birr in profits during the last budget hear.

The enterprise was able to earn more than double what he had earned in the previous fiscal period said Teka Abadi Director General of the Enterprise speaking at the eight-second founding anniversary of the enterprise held in Hawassa.

The enterprise earned its profit from the printing services it offers including the printing of magazines, books, labels as well as diverse advertisements said Teka. Add a comment Add a comment

Micro and Small Enterprises in the Ethiopian capital have created 71,088 jobs in the last six months alone according to the Addis Ababa City Administration Micro and Small Enterprises (MSEs) Development Bureau.

This number is just 81 percent of the target 88102 jobs that the bureau had set for the period according to Leulseged Yefru Head  of the Bureau.

The construction sector alone was responsible for creating more than 43 thousand jobs accounting for a significant portion of the total said Leulseged. The manufacturing sector was able to employ almost 12 thousand people, urban agriculture created an estimated 3 thousand and the trade and service sectors together created more than 13 thousand jobs he explained.

The Ethiopian Aviation Academy announced that it is in the process of a large scale expansion project expected to cost an estimated 50 million US Dollars.

The academy is undertaking the expansion as part of its effort to increase its enrollment capacity to meet the ever increasing demand from trainees interested in its basic and recurrent training programs explained Tewolde Gebre-Mariam, Chief Executive Officer of the airline.

The expansion project will include the construction of buildings and supplying the Academy with computer based trainings, modern training aircraft, simulators, and other high tech facilities he said. Add a comment Add a comment

Ethiopian Airlines is to host the 22md Annual Maintenance, Repair and Overhaul International Conference and Exhibition from the 25th to the 27th of February.

More than 250 participants, from across the world including aircraft manufacturers, component suppliers and other airlines are expected to take part in the conference explained the statement released by Ethiopian.

The airlines is happy to host this international conference and expects to offer a unique opportunity for key stakeholders in the sector to showcase their services and take advantage of means to develop MRO partnerships said Zemene Nega, Senior Vice President for MRO services for Ethiopian Airlines. Add a comment Add a comment

The Ethiopian Intellectual Property Office is to launch the process to re-register trademarks in the coming month it announced. The proclamation that authorizes the office to take this step was endorsed seven years ago.

The Ethiopian Intellectual Property Office issued 1500 separate patents and creative rights ownership certificates in the last fiscal year.

The office granted certificates after careful evaluation and all due consideration to ensure the originality of the creation both at home and internationally said Awkoke Shiferaw, Head of Communication Service with the office.

The United States government launched a Commercial Farm Service Program under the USAID to support the agricultural growth plan of the Ethiopian government according to an announcement from the Embassy of the United States in Addis Ababa.

The program will be part of the American presidential ‘Feed the Future Initiative’ in Ethiopia said the announcement.

The two year program will include grants and trainings for rural entrepreneurs in an effort to create a wholesale farm service center and six retail centers. These centers will be designed to meet the operational requirements of farmers. Add a comment Add a comment

Dutch company Stahl Africa has launched the first ever skin products chemical laboratory in Ethiopia. The laboratory was established in Addis Ababa at a total cost of 5 thousand Euros and is expected to offer testing for different types of animal skins and hides.

The laboratory will be a part of efforts to ensure the quality of Ethiopian leather products to enable them to become more competitive on the international market said Sisay Gemetchu, State Minister for Industry.

The laboratory will help share the well developed Dutch expertise in the sector with the Ethiopian leather industry to help support the growing field said Hans Blankenberg, Ambassador of the Netherlands in Ethiopia. Add a comment Add a comment

Addis Ababa is to get new technology that will improve the efficiency of the traffic system so as to alleviate problems related to traffic congestion.

The Addis Ababa City Roads Authority is in the process of finding vendors for traffic lights to be installed at fourteen junctions across the city. The authority announced the tender for interested suppliers 2 months ago at which time ten companies purchased bid documents. Two potential vendors submitted offers to the authority according to an anonymous source.

The authority has budget of 30 million birr to install the traffic light system according to Engineer Elisabeth Tesfaye who is a member of the committee evaluating the proposals. Add a comment Add a comment