2merkato

With a view to increase production and productivity nationwide, Ethiopian Agricultural Business Corporation (EABC) is planning to manufacture light and low cost agricultural machinery in Ethiopia. Kefyalew Berhanu, the Corporation’s CEO, said EABC plans to manufacture the machinery through joint ventures. According to the CEO, the Corporation is planning to work with foreign companies. He said, “EABC is ready to provide land, marketing service, trained manpower and also contribute modest capital,” adding that light and low cost agricultural machinery are essential for the country in reducing the cost of importing.

Ethiopian Airports Enterprise (EAE) is going to construct three new airports in different cities of Ethiopia; Hawassa, Shire and Robe Goba.

Ethiopian Airports Enterprise (EAE) concluded 2 agreements with contractors from Ethiopia, for the construction of Hawassa and Semera airports passenger terminals.

Ethiopian Airport Enterprise (EAE) finalized a project to automate its operations and services at an outlay of 24 million Birr. The project is said to use Software Application Product (SAP) and Enterprise Planning systems.

Eaglelion System Technology and Mastecard signed a memorandum of understanding to enhance and globalize Ethiopia’s digital economy. According to Besufkad Getachew, Founder and CEO of Eaglelion, the agreement will help Ethiopia to get access to foreign exchange, develop infrastructure, and create developed cities and educated society.