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Ethiopia’s 2014/2015 Budget Bill Sent to Standing Committee

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Category: Latest Business Alerts

Sufian Ahmed, Minister for Finance and Economic Development presented Ethiopia’s 2014/2015 budget bill on Monday, June 9, 2014 to the House of Peoples’ Representatives (HPR) suggesting the fiscal year’s budget to be 178.6 Billion Birr. After the presentation the House sent the bill for further examination to the House’s Finance and Budget Affairs Standing Committee.

Last Updated on 10 June 2014
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Ethiopia’s Abiy Ahmed Wins Nobel Peace Prize

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Category: Latest Business Alerts

abiy-nobelThe 43-year-old Ethiopian Prime Minister Abiy Ahmed, the youngest African incumbent leader, has been awarded the 100th Nobel Peace Prize of 2019. The Nobel Committee announced Abiy has been selected "for his efforts to achieve peace and international cooperation, and in particular for his decisive initiative to resolve the border conflict with neighboring Eritrea."

Last Updated on 14 October 2019
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Ethiopia’s Accreditation Office Receives Applications

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Category: Latest Business Alerts

Ethiopia’s newly formed accreditation office, the Ethiopian National Accreditation Office, has received applications from five laboratories in Addis Ababa. ENAO will evaluate the laboratories and assess if they are able to meet the standards set by it.

ENAO accreditation means third party attestation that a laboratory has demonstrable competence to carry out its task said Genet Gebremedhin, Accreditation Director with ENAO.

In the past Ethiopian laboratories had to receive accreditation from international agencies from countries such as Germany and South Africa at a great deal of expense.

Last Updated on 14 August 2013
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Ethiopia’s Airports Receive Security Clearance from ICAO

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Category: Transport and Logistics

Ethiopian Airlines Vision 2020

The International Civil Aviation Organization (ICAO) confirms the Ethiopia's airports are free from security threats. This announcement follows a rigorous security audit conducted by ICAO.

Last Updated on 16 June 2024
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Ethiopia’s Annual Cement Production Reached 12.12M Tons

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Category: Latest Business Alerts

Ethiopia’s annual production of cement has reached 12.12 million tons, more than double the current domestic demand, Ministry of Industry disclosed. Ethiopia’s current domestic demand for cement is estimated to be around 5.4 million tons, according to data from the Ministry.

“Due to the construction boom and country’s rapid growth we expect the annual demand for cement to grow,” Melaku Taye, public relations and communications director at MoI, told Walta Information Center.

Last Updated on 14 August 2013
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