Ambo Mineral Water agreed with ’Yegna’, Ethiopian Girl Hub show, to print the latter’s logo on its Ambo’s bottle stickers that will be distributed in Addis Ababa and Amhara. The promotional campaign is aimed to mark the beginning of the fourth series of the radio drama and talk show on October 19.
Ambo International Holding Ltd, Mauritius based company, has bought the 33 percent holding Ethiopia’s government had in Ambo Mineral Water SC. The Mauritius based company made the purchase for a price of 19.7 million USD.
Ethiopia's Ministry of Finance has partnered with AMEA POWER to build Horn of Africa's largest onshore wind power project, the Aysha Wind Power Project. With an investment of USD 600 million, this 300 MW wind farm is set to be a key player in the country's renewable energy sector.
AMEC Americas, engineering and project management company, was appointed by Allana Potash to carry out frontend engineering design (Feed) as well as work on the one-million-tonne-a-year muriate of potash (MoP) Danakil project in Ethiopia.
Amhara Bank has reported a pre-tax profit of Birr 377.2 million for the recently concluded fiscal year. Acting CEO, Chanyalew Demse, announced that the bank's total deposits have reached Birr 25.1 billion, with Birr 20.3 billion disbursed as loans to various sectors, prioritizing financial access and inclusion.
