Algerian company called, Cevital, concluded a memorandum of understanding (MoU) with the Ministry of Public Enterprises or the construction of 3 factories. The MoU was signed on Friday, February 24, 2017.
Alibaba Group signed a memorandum of understanding with the Ministry of Innovation and Technology that enables it to provide training to entrepreneurs in the technology field in Ethiopia.
The understanding will also allow the Digital Transformation Association to evaluate the result of the training after recruiting the trainees.
Alisha Mining Plc, an Indian mining firm, established a marble processing plant in Ethiopia at an outlay of USD 2.5 million.
Allana Potash Afar’s potash mine concession, which is found in Afar State, was taken over by Ethiopia’s government following tax claims by the Ethiopian Revenue and Customs Authority (ERCA).
The Indian based meat processing company, Allanasons Group, is finalizing a deal for the purchase of Akshakar Export Abattoir for a total of U.S $ Nine Million.
