A new oil factory, built at a cost of Birr 150 million, has been officially inaugurated in Assosa town, Benishangul Gumuz region. The factory is expected to enhance local oil production and reduce dependency on external supplies.
Kifya Financial Technology introduced new payment and ticketing service for travelers using cross state transit buses from Ethiopia’s capital. The system became operational on Saturday, December 10, 2016 and it has made Kifya in charge of the billing system for public transport across Ethiopia.
A pharmaceutical plant built at a cost of USD 85 million was inaugurated in Dukem, Ethiopia, on June 10, 2018 by Shasheng Pharmaceuticals PLC.
Bank of Abyssinia’s candidate for the presidential position, Mulugeta Asmare, has been given the green light by the National Bank of Ethiopia (NBE) .
The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) has elected a new president on May 1, 2014.
