The American based global chemical manufacturer, Dow chemical Co. (DOW), announced it is on the way to offer water treatment and purification technologies to Ethiopia’s market.
The US Congress on Thursday, June 25, 2015, voted to extend the African Growth and Opportunity Act (AGOA) for another ten years, according to The Daily Monitor.
The United States granted USD 1.1 million to TM Geothermal Operations PLC with a view to supporting the Tulu Moye Geothermal Project which is located in Arsi zone, Oromiya Regional State and which is the nation’s second geothermal plant. The United Stated Trade and Development Agency donated the money to undertake a feasibility study for the first 50MW stage of the planned 520MW project.
The United States Agency for International Development (USAID) has awarded a total grant of US$ 660,621 to seven Ethiopian enterprises operating in the livestock sector, Fortune reported.
The Ethiopian Enterprise Development (EED) is actively engaged in fostering the establishment of new ventures to cultivate enterprises that contribute to foreign currency generation. During a recent stakeholder discussion, EED Director General Alebachew Nigussie (PhD) emphasized the organization's collaborative endeavors with partners to enhance the productivity of existing enterprises, with a particular focus on the manufacturing sector.
