Ethiopia: Ethiopian’s Airbus First Fly to Cameroon and Equatorial Guinea

Monday 18th of July 2016 04:06:05 PM  |  2Merkato

View Comments Africa’s first and the most technologically advanced aircraft Airbus A350 XWB dubbed “Semien Mountains”, will grace the skies of Douala, Cameroon and Malabo, Equatorial Guine…


Ethiopia: Ethiopian Signed MoU with Aerospace Manufacturer

Monday 18th of July 2016 04:05:10 PM  |  2Merkato

View Comments Ethiopian airlines has signed a memorandum of understanding (MoU) with Aerosud Holdings, a prominent South African Aerospace Manufacturing company, at a ceremony held at Ethiopian…


Ethiopia Agreed 15 Million USD Loan with BADEA

Friday 15th of July 2016 01:13:26 PM  |  2Merkato

View Comments The Arab Bank for Economic Development in Africa have signed on Wednesday 13th of July 2016 at its headquarters in Khartoum, a Loan Agreement with the Federal Democratic Republic o…


Ethiopia: Ethio Telecom Made 20.8 Billion Birr

Friday 15th of July 2016 01:10:10 PM  |  2Merkato

View Comments Ethiopia’s telecom monopole, Ethio Telecom, disclosed it made 20.8 billion Birr of gross profit in the just concluded fiscal year. Such was disclosed during a discussion held to…


Ethiopia Inaugurated First Industrial Park

Friday 15th of July 2016 01:07:28 PM  |  2Merkato

View Comments Hawassa Industrial Park was inaugurated by Prime Minister of Ethiopia, Hailemariam Dessalegn, on July 13, 2016. The park was built at a cost of 250 million USD in the capital of So…


Ethiopia: Ethiopian Won SKYTRAX World Airline Award

Thursday 14th of July 2016 11:11:43 AM  |  2Merkato

View Comments Ethiopian Airlines, the fastest growing, most profitable and a technology pioneer African airline, is pleased to announce that it has won SKYTRAX World Airline Award for Best Airli…


Ethiopia: Lottery Draw for Condominium Houses to Be Held

Thursday 14th of July 2016 11:10:29 AM  |  2Merkato

View Comments Lottery draw is going to be held by the end of the current month to handover about 40,000 condominium houses which are built in Ethiopia’s capital, Addis Ababa. Commenting on…


Ethiopia: ECX Started Trading Red Kidney Bean and Mung Bean

Thursday 14th of July 2016 11:09:41 AM  |  2Merkato

View Comments Ethiopian Commodity Exchange (ECX) has started trading red kidney beans and mung beans on its floor. The commodity exchange commenced the service on July 12, 2016. It was after…


Ethiopia: Zamra to Construct Stadium with 500 Million Birr

Wednesday 13th of July 2016 06:36:07 AM  |  2Merkato

View Comments Zamra Construction agreed with Addis Ababa Youth Sport Bureau to construct a zonal stadium in Ethiopia’s capital, Addis Ababa, at an outlay of 500 million Birr. The stadium is go…


Ethiopia: Agreement for Adama Industrial Park Construction Signed

Wednesday 13th of July 2016 06:34:29 AM  |  2Merkato

View Comments Industry Parks Development Corporation (IPDC) signed construction agreement with Chinese Civil Engineering Construction Corporation (CCECC) for the construction of industrial park…