2merkato

Ethiopia assigned Kifle Horo (Engineer) as the new project manager of the Grand Ethiopian Renaissance Dam (GERD). After the death of Simegnew Bekelle (Engineer), Ephrem Weldekidan (Engineer) led the project as a manager. Now, he is appointed to serve as a deputy project manager together with Fikadu Kebede.

Before joining the project of GERD, Kifle had served at Ethiopian Electric Power as power sector consultant and advisor for project management.

Mastercard and digital service provider Kifiya have partnered to introduce a simple, secure and convenient digital solution that will ultimately allow citizens to pay for all bills in one location in Ethiopia. The partnership will impact millions of Ethiopian citizens living abroad, as well as those living in the East African country.

An agreement was signed yesterday between the Industrial Parks Development Corporation (IPDC) and the National Investment Group (NIG), marking a significant step forward for Ethiopia's aviation industry. The USD 110 million deal paves the way for the manufacturing of aircraft components at Kilinto Industrial Park.

The first digital video disc (DVD) manufacturing plant in Ethiopia was officially opened in Dukem. The plant is owned by Kolya Manufacturing S.C. The plant is found in Dukem Industrial Zone and the company invested 50 million Birr. It was only after 3 years that the manufacturing plant came to fruition.

Kombolcha Industrial Park (KIP), one of the private parks in Ethiopia built at an outlay of 90 million USD, is scheduled to start production by February 2018. The industry park was inaugurated last July.