UK-based KEFI Gold and Copper PLC has announced a USD 30 million investment opportunity for Ethiopian investors as part of its USD 500 million Tulu Kapi Gold Mines project.
KEFI Minerals bought the remaining 25 percent Nyota Minerals Limited ownes in the Tulu Kapi Gold Mine Oromia State, Ethiopia.
KEFI Minerals Ltd, the UK mining company is set to construct a large-scale gold processing plant in Western Wollega, Tulu Kapi, according to The Reporter.
Kegna Beverages S.C., a local beverage company, has announced that the first phase of its brewery project in the West Shoa Zone of Oromia State is nearing completion. The company, initially established with a capital of Birr 1.5 billion, has since grown to an investment of Birr 5 billion.
Kenenisa Hotel, located on Cameroon Street around Bole Medhanialem Cathedral was inaugurated on Sunday 4 August, 2013. The eight storey hotel laying on 1,400 square meter plot of land offers 51 rooms, high speed internet, meeting hall, fitness and business center. The hotel is equipped with modern air conditioning, fire extinguisher, smoke detector and other facilities befitting a four star hotel.
The Construction of the hotel consumed 200 million Ethiopia birr.
