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Ethiopia: Corbetti to Start Generating Power Next Month

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Category: Latest Business Alerts

Corbetti Geothermal project’s first phase is scheduled to start generating 20 megawatts by the coming month. This is out of the entire capacity the project would generate, 500 megawatts.

Last Updated on 20 September 2017
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Ethiopia: Cork Factory Inaugurated

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Category: Latest Business Alerts

Peniel Cork Factory built with 120 million Birr capital is inaugurated on June 6, 2015, according to Ethiopian News Agency.

Last Updated on 08 June 2015
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Ethiopia: Cornerstone Laid for Wood Processing Factory

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Category: Latest Business Alerts

Cornerstone for a wood products processing factory, which will be constructed at a cost of 1 billion Birr, was laid in Woldiya City, Amhara State. It is Abay Industrial Development Share Company is the owner of the factory.

Last Updated on 27 April 2017
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Ethiopia: Council Approves Budget for Next Fiscal Year

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Category: Latest Business Alerts

Council of Ministers

The Council of Ministers approved a draft budget of Birr 801.6 billion for the 2023/2024 Ethiopian fiscal year.

Last Updated on 08 June 2023
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Ethiopia: Council of Ministers Approves 223.3 Billion Birr Budget

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Category: Latest Business Alerts

Council of Ministers approves 223.3 billion Birr Ethiopia’s budget for the coming fiscal year and referred the draft bill to the House of Peoples’ Representatives (HPR) for ratification, the Capital reported.

Last Updated on 09 June 2015
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