Ethiopia: New Oil Factory Inaugurated in Benishangul Gumuz Region

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.
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.
