Ethiopia earned US$ 165 million revenue from the manufacturing sector over the past five months, the Ministry of Industry said.
Corporate Communications Director with the Ministry, Melaku Taye told Ethiopian News Agency (ENA) on Monday, that earning from the sector has shown a 22 percent growth compared to a year earlier.
Marathon Motor Engineering PLC launched three new model cars. The three models are: The All-New Hyundai Palisade SUV, Hyundai Mighty, and The New Hyundai Atos.
Marathon Oil is seeking bids for its four onshore exploration blocks in East Africa because the oil and gas company focuses on drilling in U.S shale formations, its advisor on the sale said on Friday, May 15, 2015.
The price cap on sesame seeds trading at the Ethiopian Commodities Exchanges (ECX) was lifted last week. The Ministry of Trade and Regional Integration (MoTRI) disclosed the decision to Capital Newspaper citing inflation on the product which led to the removal of the price cap. However, Kassahun Gofe, MoTRI State Minister, indicated that the Ministry might reintroduce the price cap if extraordinary price surges appeared.
Jacobs Engineering SA (JESA), says it will host the first international symposium, “Engineering Symposium for Africa” under the theme “Engineering and Innovative Technologies for Sustainable Development” in Marrakesh, Morocco next month.
