Ethiopia: Belay Ab Sealed 26.4 Million Birr Government Deal
Belay Ab Motors has won bid floated for the procurement of 22 vehicles that are each worth 1.2 million Birr. The vehicles are for federal offices of Ethiopia.
Belay Ab Motors has won bid floated for the procurement of 22 vehicles that are each worth 1.2 million Birr. The vehicles are for federal offices of Ethiopia.
Belayab Motors, one of the car assembling firms in Ethiopia, launched KIA’s Rio and Picanto ‘Tiger Nose” models of sedan vehicles. The vehicles are assembled in Adama City, Oromia State.

The Belayneh Kinde Group has commenced the assembly of electric vehicles at its plant in Debre Berhan city. The factory has started producing electric minibuses, light buses, and city buses, according to the group's Director of Communications.
Boortmalt, Belgian company, is set to step into Ethiopian market by setting up a malt production plant in Ethiopia. The company has signed a memorandum of understanding (MoU) with Ethiopian Investment Commission (EIC) on November 24, 2017. The MoU was signed by Fitsum Arega, commissioner of EIC and Yvan Schaepman, CEO of Boortmalt.
Bell Geospace disclosed it won the tender floated by GPB Ethiopia Resources B.V., an affiliate of GPB Global Resources, for Airborne FTG & Magnetic Surveys in the Gewane-El Wiha Block, Afar State. Subsequently, Bell is awarded the contract by GPB Ethiopia.