Ethiopia: Tigray’s First Fertilizer Blending Plant Inaugurated
The first fertilizer blending plant built in Tigray Regional State with the cost of Birr 30 million was inaugurated on May 28, 2015, according to Ethiopian News Agency.
Ethiopia: Tigray’s Hotels Got Rating
Ministry of Culture and Tourism conducted rating for hotels in Tigray Region, Northern Ethiopia. Gezahegn Abate, Public and International Relations Director at the Ministry, explained 8 out of 34 hotels were rated by the Ministry.
10 hotels were ineligible for the rating since they had problems regarding their license, Gezahegn explained.
Ethiopia: Tigray’s Industry Shows Recovery with 227 New Businesses
Despite ongoing challenges, Tigray's industrial sector is showing signs of recovery with the launch of 227 new businesses in the past nine months, according to Minister of Industry Melaku Alebel.
Ethiopia: Tikur Abay Bought Bekelcha for 325 Million
Tikur Abay Transport Plc bought Bekelecha Transport SC from Privatization and Public Enterprises Supervising Agency (PPESA) for 325 Million Birr.
Ethiopia: TIRET Bought Kombolcha Textile for 450 Million Birr
Ambassel Trading House PLC, one of the subsidiary companies for TIRET, has bought Kombolcha Textile after it has settled the 35 percent down payment required for privatization. It was for 450 million that Ambassel acquired the enterprise from Ethiopia’s government.
