The design, supervision and contract administration work of the new stadium to be built around Bob Marley roundabout in Addis Ababa has been awarded for MH Engineering Plc by the Federal Sports Commission. The Stadium is dubbed Adey Abeba Stadium and said to accommodate 60,000 people, which actually is double the capacity of the Addis Ababa Stadium.
MH Engineering PLC won the architectural design competition of Ethiopian Insurance Corporation's multi-purpose building, Capital reported.
United Nations Development Programme (UNDP) concluded a cooperative agreement with Microsoft East Africa Limited for the purpose of enhancing development activities in entrepreneurship areas. The agreement dictates Microsoft will extend training and mentorship services for 200,000 Ethiopian entrepreneurs via Ethiopia's UNDP supported Entrepreneurship Development Programme (EDP).
Dashen Bank has concluded an agreement with MIDROC-Ethiopia Construction PLC worth Birr 593 million to complete the work on its headquarters on Thursday, May 21, 2015, according to Addis Fortune.
MIDROC Ethiopia Group has announced a major expansion of its tea investment in collaboration with local farmers in Jimma and Ilubabor. The initiative aims to cultivate premium-grade tea, 20% of which is already reaching international markets.
