Thursday, September 29, 2022

    Author Name

    Birhanu Fikade

    Total Articles by the Author

    554 ARTICLE

    Hard currency shortage hampers Lifan Motors expansion plan

    Lifan Motors PLC, a subsidiary of the Chinese car-maker Lifan Group, said that it could have manufactured at least motorbikes from a scratch in Ethiopia had there been no issue with regard to accessing hard currency.

    Ethio-Egyptian JV set to process weed into energy

    Egyptian and Ethiopian companies have inked deals that aim at replacing coal as an energy source with weeds. The joint venture (JV) has acquired a whopping one million hectares plot of land in the Afar Regional State.

    Djibouti to finalize construction of four ports

    The construction of four new ports in Djibouti at a total cost of some USD 900 million is set to be finalized within six months, it was learnt.

    Moroccan fertilizer company eyes USD 500 mln investment here

    The Morocco-based OCP Group, which specializes in fertilizer manufacturing, is conducting talks with Ethiopian authorities to set up a manufacturing plant in Ethiopia at a cost of half a billion dollars.


    News in Brief

    Ethiopia to takeover UNSC presidency in September Ethiopia will take over the presidency of the United Nation Security Council (UNSC) in the coming month of September.

    The business of aid

    Freedom is one of the fundamental rights accorded to humans. People should have the freedom to speak, act and think. But how does one acquire true freedom? I believe that behind freedom, there is power.

    Sport commission signs deal to renovate Addis Ababa stadium

    The Ethiopian Sports Commission signed an agreement with Friends Engineering PLC on Thursday, June 17, 2021 to renovate Addis Ababa stadium.

    To survive foreign competition, central bank governor suggests mandatory mergers, acquisitions

    The bankers' association is upset about the tax on...