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Ethiopia to Open 2 Industrial Parks by February

Ethiopia expects 2 industrial parks that are under construction currently to be ready for investors by February 2017. The industrial parks Kombolcha and Mekele industrial parks.

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Ethiopia: EEP Procured Spare Parts Worth 1 Billion USD

Ethiopian Electric Power (EEP) has made a procurement of spare parts that is worth 1 billion USD. The spare parts are for power plants.

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Ethiopia: New ShebaMiles Web Page Launched

Ethiopian Airlines, the largest and fastest growing African airline, proudly announces that it has launched a newly redesigned ShebaMiles Frequent Flyer Program web page toimprove customers’ online experience in terms of ease of use, data quality and better control on account management through enhanced self-service options.

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Ethiopia: Ethiopian Airlines and the Ethiopian Tourism Organisation Outlined Plans

Ethiopian Airlines and the Ethiopian Tourism Organisation outlined their current achievements and future plans for Ethiopia as a major African tourism destination during a press conference held at World Travel Market on Tuesday 8th November 2016.

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Ethiopia: Amhara State Agreed with Dutch Floriculture Companies

4 flower growing companies from the Netherlands have reached to an agreement with Amhara Regional State Investment Commission to work together with the commission. According to Melaku Alebel, Amhara Regional State Investment Commissioner, the companies are expected to come to Ethiopia and sign the deals in 2 weeks time.

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Ethiopia Borrowed 20 Million USD from OPEC

Organization of the Petroleum Exporting Countries (OPEC) has concluded a 20 million USD loan agreement with Ethiopia. The agreement was signed in Vienna, Austria.

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Ethiopia: Berhan Bagged 350 Million Birr Profit

Berhan International Bank, one of the private banks in Ethiopia, has registered a 350 million Birr net profit in the last fiscal year. The bank’s performance shows a 152 percent increase when compared to the 2014/2015 fiscal year, which saw a net profit of 138 million Birr.

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Ethiopia: Ethiopian to Make 10 Weekly Flights to Cape Town

Ethiopian Airlines

Ethiopian Airlines, the fastest growing and most profitable African airline proudly announces that all has been set to increase flight frequency to Cape Town to 10 times weekly beginning from December 1st 2016.

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Ethiopia: United Insurance Made 60.81 Million Birr

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United Insurance Company (UNIC), one of the private insurers in Ethiopia, has reported a net profit of 60.81 million Birr in the past fiscal year. The performance shows a 1 percent increase when compared to the insurance company’s 2014/2015 year performance.

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Ethiopia: 5 ECX Seats Sold

ecx

5 membership seats of Ethiopian Commodity Exchange (ECX) has been sold at a bid floated for the public. The highest bid price was 2.5 million Birr while the lowest was 2 million Birr. Nonetheless, the highest bid shows decline when compared to previous auction, which attracted a bid price of 2.8 million Birr.

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A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.