Ethiopia: Ambassador Girma Receives “Business Champion of the Year Award”
Girma Birru, Ethiopian Ambassador to the United States, received the “Business Champion of the Year Award” for his work in assisting the Diaspora, The Daily Monitor reported.
Ethiopia: Ambo and East African Bottling Denied Merging
Ambo Mineral Water PLC and East African Bottling Company, 2 beverage producers in Ethiopia, have denied the allegations of unregistered merger. It was in June 2017 that a pleading was filed at the Ethiopian Trade Practices & Consumer Protection Authority’s tribunal against the 2 companies.
Ethiopia: Ambo Join Hands With ‘Yegna’
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.
Ethiopia: Ambo’s Remaining 33 Percent Government Shares Privatized
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: AMEA Power Partners with Ethiopia to Build Wind Farm
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.
