Ethiopia and Morocco signed an agreement in the aim of constructing an integrated fertilizer production plant worth 2.5 billion USD. The agreement was signed by OCP Group, global leader in the phosphate industry, on Morocco’s side while Minister for Public Enterprises represented Ethiopia.
Ethiopia’s capital, Addis Ababa, is going to be presented with 20 multi-story parking garages for the purpose of addressing the increasing traffic congestion and parking problem the city is facing.
Ministry of Urban Development and Construction (MUDC) is aiming to build more than 200,000 condominiums during the current fiscal year across the entire nation.
During the past 11 months Water Works Design and Supervision Enterprise (WWDSE) managed to secure a 220 Million Birr profit from its 42 projects.
Following the call made by Ethiopian Revenues and Customs Authority (ERCA) a month ago, Modjo Dry Port confiscated 223 containers. ERCA made the call for 823 containers owned by importers and gave them a 4 days window. 600 containers were removed leaving 223 containers to be confiscated by ERCA.
