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GE completes project worth USD 40 mln

General Electric, a multinational company operational in over 150 countries has completed a project worth USD 40 million as part of its partnership with the Ethiopian Electric Power (EEP) via its Electricity Transmission System Improvement Turnkey project.

ISUZU to install assembly plant in Ethiopia

​​​​​​​After a half a century stay in the Ethiopian trade business, local dealers and Isuzu Motors International via Itochu Corporation — the trading and export house of Isuzu Motors – have reached terms to set up an assembly line in Ethiopia, The Reporter has learnt.

Singaporean company in talks with Poly-GCL for supply of offshore natural gas terminal

The Singaporean ship builder, Sembcorp Marine, is in talks with Poly-GCL, the Chinese company which recently discovered oil and gas finds in Ethiopia, for the provision of an offshore natural gas processing terminal to be moored at the Port of Djibouti and connected to the natural gas transportation pipeline extending from the Calub and Hilala gas fields in the Ogaden basin of the Ethio-Somali Regional State.

Business community to discuss with NBE

The business community that has raised concerns regarding access to finance and other related issues while discussing with Prime Minister Abiy Ahmed (PhD) a while back is set to discuss its concerns with officials from the National Bank of Ethiopia (NBE).