Ethiopia's parliament, the House of People’s Representatives, has unanimously voted to approve the Commercial Code of Ethiopia. The Code will revise the one that has been in place for the past 61 years, since 1960.
Ethiopia's Prime Minister Abiy Ahmed inaugurated Ethiopia's thirteenth industrial park in Bahir Dar, Amhara region. "Enhancing the manufacturing sector is one of the key pillars of our Home Grown Economic Reform Agenda, unveiled in 2019," the PM said during the inauguration.
Ethiopian Prime Minister Abiy Ahmed (PhD) held a discussion with selected CEOs of multinational corporations in Davos, Switzerland, to highlight the multifaceted progresses Ethiopia is undergoing.
Ethiopia's Prime Minister Abiy Ahmed has inaugurated Adama Steel Factory's 5.6 billion birr expansion project. The expansion enables the factory to produce 1.2 million tons of steel per annum.
Ethiopia's Raya Brewery announced it has raised 500 million Ethiopian birr to fund the construction of a new brewing plant.
Located on the outskirts of Maichew, 670km north of the Capital, Addis Ababa in the Tigray regional state, construction of the plant which will have a capacity to produce 600,000 hectoliters of beer annually is scheduled to be completed within a year time.
