The Endowment Fund for Rehabilitation of Tigray (EFFORT) has contracted a Chinese engineering company— ECE Engineering Corporation—for the construction of the first ever PVC resin (Polyvinyl Chloride) manufacturing plant at cost of five billion birr (USD 250 million at current exchange rates) in Arato locality of Mekelle city, the capital of the Tigray Regional State.
The Chinese telecom giant, Huawei, has authorized Techno Brain, a global ICT training provider based in Tanzania, to train and certify ICT professionals who can service, maintain or develop IT solution suitable for brands and services that Huawei markets.
The House of Peoples’ Representatives (HPR) on Tuesday discussed several draft laws, including a USD 300 million loan agreement that Ethiopia recently cemented with the World Bank Group for the soon-to-start Urban Productive Safety Net project which will be implemented in Ethiopia for the first time.
The implementation of Kaizen in Ethiopian companies' daily work flow has resulted in cost reductions across production line in the manufacturing sector by half-a-billion dollars, equivalent to some two billion birr, it was learnt.
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In a bid to curb the critical shortage of skilled labor in the hospitality business, the star-rated hotel owners in Addis Ababa have agreed to establish an academy, which aspires to cater to the demand of regional markets in the future, it was learnt.
Ethiopia’s bid to join the African Trade Insurance Agency (ATIA) has come close to be finalized as the Houses of Peoples’ Representatives (HPR) on Tuesday reviewed a draft bill that stipulates membership terms for the country when joining the continental insurance organization.
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