Ethiopia Signed 75 Million Euro Loan Agreement

Friday 29th of July 2016 02:36:58 PM  |  2Merkato

View Comments Ethiopia secured a 75 million Euro loan from France after concluding a loan agreement. The loan is said to be utilized for building the National Load Dispatch center with its back…


Ethiopia Earned 309 Million USD from Minerals Export

Thursday 28th of July 2016 02:23:19 PM  |  2Merkato

View Comments Ministry of Mines, Petroleum and Natural Gas disclosed Ethiopia made 309 million USD from the sales of different minerals in the international market. Bacha Faji, Public Relati…


Ethiopia: Ethiopian Agreed with Lufthansa Technik for Support

Thursday 28th of July 2016 02:21:23 PM  |  2Merkato

View Comments Ethiopian Airlines has contracted Lufthansa Technik to provide comprehensive component support for the airline’s future Airbus A350 fleet. The corresponding Total Component Suppo…


Ethiopia: Service Collected 193 Million Birr from Disposal Sales

Wednesday 27th of July 2016 03:09:47 PM  |  2Merkato

View Comments Ethiopia’s Public Procurement and Property Disposal Service earned 193 million Birr from the disposal of used materials in the just concluded fiscal year. The revenue was generat…


Ethiopia: ERA Constructed 1,412 Kilometers of Road

Wednesday 27th of July 2016 03:08:17 PM  |  2Merkato

View Comments Ethiopian Roads Authority (ERA) disclosed a total of 1,412 kilometers of roads were constructed all over Ethiopia in the just concluded fiscal year. Nonetheless, the Authority’s…


Ethiopia: Agency Warned 7 Commercial Farm Developers

Wednesday 27th of July 2016 03:05:49 PM  |  2Merkato

View Comments Agricultural Land Investment Administration Agency has served 7 commercial farm developers with warning letters. The commercial farm developers who occupy 37,500 hectares of land i…


Ethiopia Prepared 13 Million Hectares Land for Cultivation

Wednesday 27th of July 2016 03:04:18 PM  |  2Merkato

View Comments Ministry of Agriculture and Natural Resource (MANR) disclosed it has prepared 13 million hectares of land across Ethiopia to be cultivated in Meher season. During the season, t…


Ethiopia Passed New Income Tax Law

Tuesday 26th of July 2016 01:27:32 PM  |  2Merkato

View Comments The federal legislature of Ethiopia, House of Peoples’ Representatives (HPR), promulgated a new income tax law today July 26, 2016. The new bill stipulates, among other issue…


Ethiopia: World Bank Granted 6 Million USD to Haromaya University

Monday 25th of July 2016 08:30:53 AM  |  2Merkato

View Comments The World Bank has granted 6 million USD to one of public universities in Ethiopia, Haromaya University. The grant is to assist the higher learning institution’s effort to become…


Ethiopia: GSE Identified 20 Areas with Minerals

Monday 25th of July 2016 08:29:53 AM  |  2Merkato

View Comments Geological Survey of Ethiopia (GSE) disclosed in the just concluded fiscal year 20 new areas rich in mineral resources were identified. According to Public Relations Director a…