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SMEC International Agrees to Design and Supervise Ethiopia’s New Oil Terminal

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Category: Latest Business Alerts

SMEC international PTY, an Australian based consultancy firm, concluded an ETB 250 million agreement with Ethiopia to design and supervise the 3 billion birr project of the country’s largest oil terminal. In accordance with the agreement, the firm will prepare the final design of the terminal which is to be built in Dukem, Oromia Region, administer the project, and help the Ethiopian Petroleum Supply Enterprise (EPSE) in choosing a contractor.

Last Updated on 20 June 2018
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SNNP to Develop Apiculture

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Category: Latest Business Alerts

The Southern Regional State of Ethiopia (SNNP) has launched concerted efforts to develop the apiculture sector. The region has set target production for the budget year at 21 thousand tons of honey and 6 tons of wax.

The environment in the Southern region is favorable to apiculture due to the abundance of tree, flower and water resources as well as the climate note Ergete Weldesemayat, Expert of Animal Husbandry.

The regional state is supplying modern beehives manufactured in rural technological centers and by scale manufacturing enterprises to help attain the desired levels of production explained Ergete.

Last Updated on 14 August 2013
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Social Enterprise World Forum to be Held in Ethiopia

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Category: Latest Business Alerts

Ethiopias capital, Addis Ababa, will host Social Enterprise World Forum 2019 in the coming October. This will be the twelfth event of the yearly forum, and the first time ever to be hosted by a lower income country. The aim of the upcoming round of the forum is “to catalyze the area's young and dynamic social enterprise movement – both within Ethiopia and more widely across the continent.”

Last Updated on 04 December 2018
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Software Piracy on the Rise in Ethiopia

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Category: ICT and Telecom

More than 87% of the software sold in Ethiopia is pirated announced the Ethiopian Intellectual Property Organization. An study conducted by the EIPO revealed that most of the software sold in the capital city is pirated or illegally downloaded according to Birhanu Adelo Director General of the organization.

The EIPO has signed a partnership agreement with the Microsoft Company to combat illegal counterfeit software entering the country he noted.

The organization has committed to working with Microsoft to increase public awareness on the advantages of using genuine software including the security and reliability it offers to businesses explained Birhanu.

Piracy will have a detrimental effect on the economy and other national interests claimed Birhanu.

Last Updated on 14 August 2013
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Solar Assembly Plant to Be Launched in Ethiopia

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Category: Manufacturing

A solar assembly plant to produce a range of solar powered and environmentally conscious products is expected to be launched in Ethiopia in the near future. Among the products that will be produced by the factory will be solar panels with the ability to generate as much as 60 watts of electricity, charge controllers and Light Emitting Diode lamps which are known for being electricity efficient.

An area has already been set aside for an exhibition and training center in the Oromia Regional State according to Samson Tsegaye, Country Director for The Solar Energy Foundation.

The area dubbed the ‘Solar Valley’ is located on 15 thousand square meters of land within the Tatek Industrial Park.
The foundation expects the financing to launch the assembly project to come from solar companies seeking for investment opportunities said Samson.

Last Updated on 14 August 2013
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