Asseco Poland has started a new project in the African market. It will be carried out in Ethiopia, in collaboration with Information Network Security Agency (INSA), a local entity. The project is valued at USD 1.3m net. It’s implementation will take nine months.
The first Ethiopian malt factory, Assela Malt Factory, management team has decided to import 260,000 Quintals of barely at an estimated cost of 275.2 Million Birr. The company is waiting for the approval of the board of directors to execute the decision.
The Assela 100 MW Wind Farm has officially begun generating electric power as its first turbines became operational, according to Ethiopian Electric Power (EEP). Once fully completed by the end of 2025, the project is expected to produce over 300 GWh of clean energy annually, enough to power more than 140,000 households.
Different transport service Associations are to import 500 hundred buses to ease the high demand of public transport, Ethiopian Herald reported.
The Ethio-Kazakhstan Business Forum took place in Astana, featuring a prominent delegation led by Ambassador Misganu Arga, Minister of State for Foreign Affairs. Ambassador Arga highlighted Ethiopia's investment potential and the government's incentives for foreign investors.
