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Ethiopia: Fitch Rates Ethiopia 'B'; Outlook Stable

Saturday 10th of May 2014 11:09:09 AM  |  2Merkato

Fitch Ratings has assigned Ethiopia Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'B'. The Outlooks on the Long-term IDRs are Stable. Fitch has also assigned a Short-term...

16

Ethiopian Airlines Signed a MoU with ICBC

Friday 9th of May 2014 05:13:03 PM  |  2Merkato

During H.E. Chinese Premier Li Keqiang’s state visit to Ethiopia, a Memorandum of Understanding was signed between Ethiopian Airlines and ICBC Financial Leasing Co., Ltd. (hereinafter referred to as...

18

Ethiopia: Tendaho Sugar Factory to Commence Production This Month

Friday 9th of May 2014 05:11:41 PM  |  2Merkato

The first phase of Tendaho Sugar Factory will start production in three weeks time, according to the Ethiopian Sugar Corporation.

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15

MERCK Opens Office in Ethiopia

Friday 9th of May 2014 05:06:09 PM  |  2Merkato

Merck, a German company engaged in innovation and provision of high- tech pharmaceutical, chemical products and other medical services has opened a new office in Ethiopia.

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15

African Livestock Exhibition and Congress Openes in Ethiopia

Friday 9th of May 2014 04:51:08 PM  |  2Merkato

The 2nd African Livestock Exhibition and Congress (ALEC) was opened on Thursday, May 8, 2014 in Ethiopia. The exhibition and congress is focused on facilitating the promotion of trade and investment,...

15

Ethiopia Misses Export Targets

Thursday 8th of May 2014 05:13:05 PM  |  2Merkato

A report released by Ministry of Industry (MoI) on Tuesday, April 29, 2014 revealed Ethiopia has failed to meet its export revenue target for the manufacturing industry, Fortune reported.

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15

PVH Corporation Eyeing Investment Opportunities in Ethiopia

Thursday 8th of May 2014 04:50:26 PM  |  2Merkato

The American PVH Corporation, a clothing company, is to consult with the Ethiopian government as well as investment consultants on the opportunities in Ethiopia, according to a press conference held...

15

Ethiopia: Second Phase Mobile Network Expansion Finalized

Thursday 8th of May 2014 04:43:04 PM  |  2Merkato

Ethio Telecom has finalized the second phase of the Addis Ababa mobile network expansion project, Fortune reported. This is expected to bring the call success rate to 98 percent.

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15

Ethiopia: Adami Tulu Pesticide Expands its Plant to Produce 2,4-D

Thursday 8th of May 2014 04:36:01 PM  |  2Merkato

The Ethiopia's Adami Tulu Pesticide Processing S.C. has announced that it is expanding its factory to produce Dichlorophenoxy Acetic Acid (2,4-D), The Ethiopian Herald reported. This chemical is a...

15

Ethiopia: Yangfan Motors to Launch New Assembly Plant

Thursday 8th of May 2014 04:32:14 PM  |  2Merkato

Yangfan Motors PLC., a Chinese car assembly company is to launch its latest US$ 4.5 Million plant will be launched in Ethiopia, Fortune reported.

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