July 20

  • Ethiopia: Nearly Solo Bid Process Awards Consortium Br17 Million Parliament Design Contract

    Addis Fortune

    A consortium of architectural firms gets a successful solo ride to a 17 million Br government contract for the design of a parliament complex, after three other bidders were... Read more »

  • Ethiopia: Death Comes to Life At United Insurance

    Addis Fortune

    United Insurance SC (UNIC) became the first insurer to have Funeral Insurance Cover as a separate insurance policy starting from July 1, 2014, following the approval from the... Read more »

  • Ethiopia: Yonas Vs Orchid Case Hits New Wall With Supreme Court Suspension

    Addis Fortune

    Supreme Court suspended on July 10, 2014, the 42 million Br ruling in the Yonas Kassahun - Orchid case, following an appeal against it, filed by Orchid Business Group Plc. Read more »

  • Ethiopia: Jimma University Hospital to Produce Oxygen, Vacuum

    Addis Fortune

    The plant, a part of 177 million Br investments, produces 100cubic meter at 95pc purity Read more »

  • Ethiopia: IFC Provides U.S. $150 Million for Petroleum Import of Ethiopia

    Addis Fortune

    International Finance Corporation (IFC), a member of the World Bank Group, is going to support Ethiopia's petroleum import by extending up to 150 million dollars from its 450... Read more »

  • Ethiopia: The Bilateral Relation Between Ethiopia and China...

    Addis Fortune

    The bilateral relation between Ethiopia and China has never been at the height of its glory as it appears now, gossip observed. Ever since 200 Chinese laborers arrived in the... Read more »

  • Ethiopia: Tripartite Talks Over Gerd to Resume

    ERTA

    Ethiopia, Sudan and Egypt will resume tripartite negotiations over the construction of Ethiopia's hydro power plant project known as the Grand Ethiopian Renaissance Dam (GERD). Read more »

  • Ethiopia: Ethiopia Establishes Modern Military - Premier

    ERTA

    Prime minister and Commander-in-Chief of Defense Forces, Hailemariam Desalegn said that Ethiopia has built a modern military having a capacity of accomplishing different missions... Read more »

  • Ethiopia: Ethiopia Continues Jatropha Biodiesel Production

    ERTA

    Ethiopia is producing biodiesel from jatropha plant with 56 million birr said Water, Irrigation and Energy Ministry. Read more »

  • Ethiopia: New Enterprise Swallows Walia Intercity Bus to Transport Civil Servants

    Addis Fortune

    The Public Service Employees Transport Service Enterprise (PSETSE), which was established in November 2013 with a total capital of one billion Birr, is to be merged with Walia... Read more »

  • Ethiopia: Kirloscar Brothers to Open Consultancy Office in Ethiopia

    Addis Fortune

    Kirloscar Brothers Ltd, a manufacturer of pumping equipments and one of the Confederation of Indian Inductees (CII) members visited Ethiopia, is going to open a construction... Read more »

  • Ethiopia: ET Flies Daily to Four Additional Local Towns

    Addis Fortune

    Ethiopian Airlines starts daily flights to Arba Minch, Gambella, Jijiga and Assosa town up from July 1, 2014. Read more »

  • Ethiopia: Booming Until It Hurts? [opinion]

    Addis Fortune

    In recent months, concern has intensified among the world's financial experts and news media that overheated asset markets - real estate, equities, and long-term bonds - could lead... Read more »

  • Ethiopia: Shared Dish

    Addis Fortune

    One of the traits of humanity that differentiates it from other animal is the concept of private ownership, which is protected by the human establishments through the instrument of... Read more »

  • Ethiopia: Dow Chemical Opens Ethiopian Office

    Addis Fortune

    The Dow Chemical Company, an American multinational chemical corporation, and a manufacturer of plastics, chemicals, and agricultural products opened a subsidiary office in... Read more »

  • Ethiopia: Amhara Region to Build a Tertiary Level Hospital

    Addis Fortune

    The Amhara Regional State is working in fund raising activities to build Wollo Tertiary Health Care and Teaching Hospital which will cost one billion Br in Wollo, Tita five... Read more »

  • Ethiopia: Denying the Way Out [opinion]

    Addis Fortune

    Last week was an awkward week, in every sense of it. It was filled with many events that would have put me on the edge, had it not been for the bad flu, which itself was one of the... Read more »

  • Ethiopia: Bed Time

    Addis Fortune

    It is one of the common things to see dogs with the street boys on road sides around Merkato, who take care of them with what is available. More commonly, most of the street boys... Read more »

  • Ethiopia: Council of Ministers Commiserates With Businesses in Br2 Billion Taxes

    Addis Fortune

    The Council of Ministers made a decision on Monday, July 14, 2014, which could spare 567 federal taxpayers four billion Birr in penalty and interest for two billion Birr they owe... Read more »

  • Ethiopia: Japanese Ambassador Checks the Use of U.S. $4.2 Million Contribution to WFP

    Addis Fortune

    Kazuhiro Suzuki, Japanese ambassador to Ethiopia, visited the refugee camp in Gambella on July 17, 2014 to check the recent 4.2 million dollars contribution of the Japanese... Read more »

  • Ethiopia: It Is Borrowers Who Are Scarce These Days.

    Addis Fortune

    Ashebir Woldegiorgis (DD), the lone independent Member of Parliament (MP), said this while explaining the state of access to finance in the country. There is enough liquidity... Read more »

  • Ethiopia: No Good News in China-Africa Relation [opinion]

    Addis Fortune

    Recent coverage by the financial press has cast some doubt on the vigor of the China-Africa relationship, pointing to new-found skepticism among Chinese banks and investors towards... Read more »

  • Ethiopia: Making Agriculture Cool [opinion]

    Addis Fortune

    Agriculture has an image problem. Simply put, for the majority of the world's youth, agriculture simply is not seen as being "cool" or attractive. Most think of it only as... Read more »

  • Ethiopia: Graduation - From Ideal to Symptomatic

    Addis Fortune

    Graduation ceremonies, among other things, bring with them different sources of business windfalls to many people, even if only perennial. Woolen cloth tailors and imported garment... Read more »

  • Ethiopia: Glocalisation

    Addis Fortune

    Recent evidence suggests that much of the world has entered a period of low financial market volatility. But this is no time for complacency; more turbulent times are likely to lie... Read more »

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