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Derba Cement, one of MIDROC Ethiopia’s subsidiaries, is planning to expand its cement plant at a cost of300 million USD. The expansion project is expected to take from 18 – 24 months. Derba Cement’s CEO, Haile Assegide, explained Derba was preparing to build a second plant in Chancho City. Upon completion, the plant would have the capacity of producing 25 million quintals of cement in a year, he furthered. […] The horticulture sector of Ethiopia generated more than 185 million USD in the first 8 months of the current fiscal year. This is 17 percent higher when compared to the same period from the previous year’s performance. The biggest share of the money earned goes to cut flower export to Europe. It generated over 150 million USD in the 8 months. […] By andualem sisay Hundreds of Ethiopian migrants have been evacuated from war torn-Yemen in the past 10 days. The International Organisation for Migration (IOM) said in a press statement it had evacuated 485 vulnerable Ethiopians, including 122 women, 261 men, a child and 101 unaccompanied minors from Yemen. The voluntary repatriations, the statement explained, was […] […] This was evident during the Saudis’ intervention in Yemen. Over the past year, they built a coalition of African partners to help dislodge Houthi rebels who were in control of most of the country, including the capital, Sana’a. Eritrea played a key role, although it was not technically part of the Saudis’ 12-nation coalition. Eritrea […] […] Two court cases involving four state enterprises, brought against MIDROC subsidiary Horizon Plantations Plc, closed with the court ordering Horizon to effect immediate payment of almost half a billion Birr to the Ministry of Public Enterprise. Gojeb Agricultural Development, Horizon Addis Tyre, Limmu Coffee Farm and Bebeka Coffee estates were all transferred to the MIDROC […] […] By Manik Banerjee | AP March 31 KOLKATA, India — A long section of a road overpass under construction collapsed Thursday in a crowded Kolkata neighborhood, with tons of concrete and steel slamming into midday traffic, leaving at least 21 people dead and scores of others injured in the Indian city, police said. Rescuers used saws, small […] […] SAN FRANCISCO — A group of LGBT Israelis from Ethiopia are scheduled to travel to the U.S. next month. A Wider Bridge, which describes itself as an “LGBTQ advocacy group building connections between the Israeli and North American LGBTQ communities, on March 29 announced that members of Kehila Lahatavit Ethiopit or LGBT Ethiopian Community will […] […] After the Walyas made headlines for their 7-1 capitulation in Blida at the hands of the Desert Foxes, expectations among Ethiopian fans that their team might pull off an upset of any kind were understandably low, despite the home field advantage and the high altitude at Addis Ababa stadium. Ethiopian fans, despite the packed stadium, […] […] |
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