Delegation team of Canadian business tycoons led by Senator Don Meredith is discussing with business persons from Ethiopia concerning business and investment opportunities and possible partnership.
The Ethiopian Capital Market Authority has officially announced the licensing of three new capital market service providers, expanding the number of licensed firms from eight to eleven.
During a stakeholders’ consultation that was organized by the Addis Ababa Chamber of Commerce and Sectoral Associations, Ethiopian Capital Market Authority, and Ethiopian Securities Exchange under the theme “Ethiopia’s Capital Market”, it was announced that works were underway to license capital market service providers within six months.
The British liquor and brewery company Diageo announced it has agreed to sell its Meta Abo Brewery, in Sebeta, Ethiopia, to BGI, part of Castel Group, the French multinational.
Castel Winery Ethiopia is enlarging its farmland with the value of Euros 100 million to boost production of grapes, Capital reported.
