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Ethiopia: New Ethanol Production Plant to Be Constructed

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Category: Latest Business Alerts

Ethiopia has joined hands with Eugen Schmitt Company, a German company, to construct ethanol plant in Wonjo Shoa Sugar Factory. The plant is said to be constructed at an outlay of 51 million USD.

Last Updated on 29 August 2017
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Ethiopia: New Hotel Inaugurated in Addis

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Category: Latest Business Alerts

Ethiopia’s capital Addis Ababa got a new three star hotel, Southern Addis Hotel. The hotel was inaugurated on Tuesday, March 10, 2015.

Last Updated on 17 March 2015
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Ethiopia: New Housing Plan for Employees of Government Corps.

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Category: Latest Business Alerts

The Ethiopian Ministry of Urban Development & Construction (MoUDC) is to launch a new housing program for individuals working in wholly or partially owned government corporations, Fortune reported.

The latest housing program is on top of the eight housing programs already underway. The program is scheduled to be launched on September 26, 2013.

Last Updated on 20 September 2013
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Ethiopia: New Housing Scheme for Diaspora and Diplomatic Mission Workers

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Category: Latest Business Alerts

A draft directive is prepared by the Ministry of Development, Housing and Construction (MUDHC) on housing registration for members of the Ethiopian Diaspora community. This housing scheme is going to be open only for the Ethiopian Diaspora.

Last Updated on 30 July 2014
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Ethiopia: New Income Tax Proclamation to Penalize Large Cash Transactions Over Birr 10,000

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Category: Latest Business Alerts

investment license coins

Under Ethiopia’s upcoming income tax proclamation, individuals and businesses making cash payments exceeding Birr 10,000 in a single transaction could face significant penalties.

Last Updated on 12 June 2025
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