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Ethiopia: Agency to Extend 7 Billion Birr Loan

Friday 12th of August 2016 07:07:20 AM  |  2Merkato

View Comments Federal Manufacturing Industry Development Agency (FMIDA) disclosed it has prepared 7 billion Birr to be dispersed as loan for more than 17,000 enterprises this fiscal year. The en…

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Ethiopia: New Corporation to Be Established for Railway Administration

Friday 12th of August 2016 07:02:13 AM  |  2Merkato

View Comments Ethiopian Railways Corporation (ERC) disclosed it will establish a new Corporation that will manage the under construction railway line that will connect Ethiopia’s capital with…

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Ethiopia: Premier Inaugurated 2 Roads Connecting Addis with Expressway

Wednesday 10th of August 2016 07:43:41 AM  |  2Merkato

View Comments Hailemariam Desalegn, Prime Minister of Ethiopia, inaugurated 2 roads that connect Addis – Adama Expressway with the capital city. The roads have a total length of 28.1 kilometer…

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Ethiopia Earned 2.86 Billion USD from Export Trade

Tuesday 9th of August 2016 06:04:09 AM  |  2Merkato

View Comments Ministry of Trade disclosed Ethiopia generated 2.86 billion USD from the export sector in the just concluded fiscal year. However, the performance shows a 4.6 percent decrease…

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Ethiopia: Gibe III Started Power Generation

Friday 5th of August 2016 09:08:22 AM  |  2Merkato

View Comments Ethiopian Electric Power (EEP) disclosed Gilgel Gibe III hydroelectric project has commenced generating power. According to the CEO of EEP, Azeb Asnake (Engineer), the plant for th…

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Ethiopia Aiming 65 Tons of Gold from 3 States

Thursday 4th of August 2016 08:10:28 AM  |  2Merkato

View Comments Ethiopia is targeting to produce more than 65 tons of gold in the just started fiscal year from 3 different states, even if gold export fell to meet its target last fiscal year. Th…

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Ethiopia: Ethiopian Partnered with UAE Based Hospital

Wednesday 3rd of August 2016 05:57:55 AM  |  2Merkato

View Comments Ethiopia’s national flag carrier, Ethiopian Airlines, partnered with United Arab Emirates (UAE) based hospital, Ras Al-Khaimah (RAK) Hospital. The partnership is to facilitate sp…

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Ethiopia: Ethio Telecom Aims Eastern African Markets

Tuesday 2nd of August 2016 06:16:53 AM  |  2Merkato

View Comments The telecom monopole in Ethiopia, Ethio Telecom, requested the government to expand to some parts of Eastern Africa. Speaking on the issue Andualem Admassie, Chief Executive Of…

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Ethiopia Negotiating with POLY-GCL for Pipeline Construction

Monday 1st of August 2016 02:06:11 PM  |  2Merkato

View Comments Ethiopia’s Ministry of Mines, Petroleum and Natural Gas (MMPNG) is negotiating with the Chinese company POLY – GCL Petroleum Group for the construction of Ethio-Djibouti natura…

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Ethiopia: ERA Plans to Construct and Maintain 23,000 Kilometers of Road

Friday 29th of July 2016 02:38:43 PM  |  2Merkato

View Comments Ethiopian Roads Authority (ERA) aims to construct as well as maintain around 23,000 kilometers of road across Ethiopia during the just started fiscal year. Commenting the plan…













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