A National Entrepreneurship Strategy discussion is underway in Addis Ababa, Ethiopia, with the intent to help the youth and bring about development in doing so. The strategy discussion is organized by the Ministry of Trade and Industry, with the support of the United Nations Industrial Development Organization (UNIDO).
Ethiopia’s Ministry of Agriculture announced that the Dire Dawa fertilizer plant in Eastern Ethiopia, which will soon go operational, will be instrumental in fulfilling Ethiopia’s increasing demand for fertilizers upon its completion in two years. The construction of the fertilizer plant went into full action in the year 2017 with a total expected cost of $3.7 billion.
Ethiopia's Nib Bank, together with its sister company, Nib Insurance has awarded China Railway Engineering Group for construction of a 35 storey headquarters building.
China Railway Engineering Group is already involved in several projects in Ethiopia, prominently the Ethio-Djibouti railway construction project.
Ethiopia's Nyala Motors S.C, exlusive distributor of motor vehicles and equipments announced plans to establish assembly plant for Nissan vehicles in Ethiopia. Abraham Abegaz, CEO of Nyala Motors, said the plan might take up to five years.
The Omo Kuraz sugar development project in Ethiopia has reportedly created jobs for more than six thousand residents of the of the area, according to Nuredin Asaro, General Manager of Omo Kuraz sugar development project.
The project comprises the construction of five of the 10 sugar factories planned to be built across the country by the end of the Growth and Transformation Plan (GTP) period.
