Int’l Firms ‘sabotage’ fertilizer supply: officials
The government blamed sabotage by international companies for fertilizer shortage and its price hike this year. Companies, mostly Egyptian, which participated in the bidding process,...
Gov’t resorts to using fertilizers for prioritized crops
With fertilizer in short supply, the government is resorting to prioritize its distribution based on crops' market value. By way of circumventing the problem, officials...
Scarcity of fertilizer supply forces diplomacy
The Government of Ethiopia is forced to deploy diplomacy as prices of fertilizer in the international market more than doubles, threatening Ethiopia’s foreign currency reserve. After repetitive international bids failed to fetch potential fertilizer suppliers, Ethiopian embassy in Russia is exerting efforts to directly access urea at factory prices, The Reporter has learnt.
Social unrest, COVID thwart USD 3.7 billion project
Social unrest and the Coronavirus pandemic block the construction of a USD 3.7 billion fertilizer production plant in Dire Dawa city, The Reporter has learnt.
Gov’t reconsiders Yayu Fertilizer JV
A year after the government distanced the scandal-hit Metal and Engineering Corporation (MetEC) from the delayed construction of Yayu Fertilizer, three overseas companies have shown interest to resume the construction of the factory and commence with the production of fertilizer on a Joint Venture (JV) scheme.
KCB Group considers buying stake from Ethiopian bank
The top Kenyan bank, KCB Group, is looking at...
Bole Airport key transit zone for Brazilian cocaine smugglers, UN says
A new report from the United Nations Office on...
Universities prepare for the worst as government grants autonomy
House green lights universities to run commercial businesses Public universities...