Stratex acquires 49.9% shareholding in Rift Resources to provide exposure to potash in Ethiopia.
Stratex International plc, the AIM-listed gold miner, said yesterday that it had acquired a 49.9 percent holding in potash-focused exploration company Rift Resources plc after exploration in the Afar region of Ethiopia highlighted the prospectivity for the mineral.
The collaboration of Beza Consultants and Engineering plc and American A1 Consulting Group is in competition with the 
partnership between Ultimate Plan plc and Egyptian Arab Consulting Engineers for design review and contract administration for the construction of the Commercial Bank of Ethiopia, Head quarters.
The Bank is in the process of evaluating international construction firms to handle the ‘design and build’ turnkey contract to construct its 46-storey Head Quarter building to be located in Addis Ababa.
CBE officials were not able to comment on the status of the bidding process at this time.
The first phase of Tendaho irrigation dam that was built in the Afar Regional State of Ethiopia was inaugurated on September 5, 2015, Ethiopian News Agency reported.
Compressed Earth Block (CEB), a new way of making block was introduced to the Ethiopia at a workshop on alternative construction materials organized by the American Cement Institute (ACI) Ethiopian Chapter on April 4, 2013 at the Hilton Hotel.
Compressed Earth Block is said to be made of different type of materials. The material is not usually favored by constructors because it is thought that it is not water resistant.Computerized vehicle inspections and technical investigation are to begin in Ethiopia next week. It is expected that the new form of inspections will enhance transport service and prevent deaths and material damage caused by vehicular accidents.
The new system will better inspect the technical performance of a vehicle and its assorted parts according to Kasahun Hailemariam, Director-General of the Ethiopian Transport Authority.
The new system will also eliminate the subjective and inconsistent manual inspection system that was previously in place and associated corrupt practices explained Kasahun.
