Ethiopia: PTA Affirmed Financial Backing for Habesha Cement
Habesha Cement S.C. has secured a letter of credit (LC) for its Chinese contractor from the Eastern & Southern Africa Trade & Development Bank, known as the PTA, Fortune reported.
Habesha Cement S.C. has secured a letter of credit (LC) for its Chinese contractor from the Eastern & Southern Africa Trade & Development Bank, known as the PTA, Fortune reported.
The new busses that are on the streets of Addis to provide transportation service to the public servants are going to start giving service for the city’s residents.
Government public enterprises signed an agreement with their respective labour associations a deal to implement Industrial Development Strategy (IDS) on Thursday, June 19, 2014.
The assets managed by Public Enterprises Holding and Administration Agency have reached Birr 1.7 trillion.

Public Enterprises Holdings and Administration Agency announced that the asset of Ethiopian public enterprises surpassed Birr one trillion. The enterprises are engaged in various businesses and cover 10% of the country’s nominal GDP.