2merkato

Ahadukes Food Products, Biscuit and Pasta Factory which was built with the cost of 800 million Birr was inaugurated on May 5, 2015, Ethiopian News Agency (ENA).

Awash International Bank (AIB) reported on Saturday November 16, 2013, its yearly profit after tax has climbed 11.3 percent to 438.61 million birr, Fortune reported.

The bank also reported earnings per share (EPS) of 456 birr. A year earlier the bank's EPS stood at 469 birr. The decline in EPS is, according to the annual audited report of the Bank– owing to a 28.3 percent increase in its paid-up capital.

Ethiopia’s plan to raise the amount of ethanol that will be blended with benzene to 20 percent is not achieved in the year 2007 (Ethiopian Calendar) for there is a delay in the new sugar factory projects.

Ethiopian Roads Authority (ERA) disclosed the construction of Akaki-IT Park (Goro) and Akaki-Lebu asphalt roads has been completed. The roads will connect Ethiopia’s capital with Addis-Adama Expressway.

The Project Manager of Akaki-Lebu, Mr Hu, disclosed the road is currently 27 percent complete.