Business – Page 2 – Ethiopian Monitor

Ethiopia Approves Power Purchase Deal with CORBETTI

June 15, 2020June 16, 2020 Ethiopian Monitor #commercial code., #Corbetti, #digital transformation, #Ethiopia, #PM Abiy, #Tulut Moye

Council of Ministers also approves digital transformation strategy Bill & New Commercial Code.

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Safaricom Submits Expression of Interest in Ethiopia licence, it’s CEO says

June 15, 2020June 15, 2020 Ethiopian Monitor #Ethiopia, #Kenya, #Safaricom, #Telecom, #Telecom license, privatization

ADDIS ABABA – Kenyan operator Safaricom has bid for one of the two telecommunications licences available in Ethiopia, The Standard

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New Bottled Water Hits Market

June 12, 2020June 13, 2020 Ethiopian Monitor #Africa Natural Water, #bottled water, #Ethiopia, #Holeta Town, #industry

ADDIS ABABA – Africa Water, a joint venture, has entered the booming bottled water sector of Ethiopia with an initial

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Ethiopia Unveils 10-Year Development Plan

June 11, 2020June 12, 2020 Ethiopian Monitor #10 year plan, #Development, #Economy, #Ethiopia, #PM Abiy

ADDIS ABABA – The government of Ethiopia has unveiled on Friday its 10-year economic development plan under the theme ‘Ethiopia:

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ERA Signs 15 Road Construction Deals worth 25.8bln Br

June 11, 2020June 12, 2020 Ethiopian Monitor #Construction, #ERA, #Ethiopia, #Roads Authority, China

ADDIS ABABA – Ethiopian Road Authority (ERA) has signed on Thursday 15 road construction agreements worth 25.8 billion birrs.

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Mastercard Foundation Commits $3.2mln to Rescue 11 Ethiopian SMEs

June 11, 2020June 12, 2020 Ethiopian Monitor #COVID-19 response, #Ethiopia, #MasterCard Foundation, #PPE, #SMEs

ADDIS ABABA – Mastercard Foundation has announced a partnership with a consortium of 11 small and medium enterprises (SMEs) in

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AfDB Releases $1.2mln for Ethiopia-Sudan Railway Study

June 10, 2020June 11, 2020 Ethiopian Monitor #AfDB, #Ethiopia, #Feasibility Study, #railway, #Sudan

ADDIS ABEBA – The African Development Bank (AfDB) has agreed to inject a $1.2 million grant to Ethiopia’s feasibility study

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Ethiopia Secures Paris Club Debt Relief

June 10, 2020June 11, 2020 Ethiopian Monitor #Africa, #Chad, #Debt Relief, #DR Congo, #Ethiopia, #G20, #Paris Club

ADDIS ABABA – Ethiopia, Chad, DR Congo and Pakistan became the latest countries to secure a moratorium on debt repayments

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Ethiopia Cancels 400,000 tonnes Wheat Purchase- Report

June 9, 2020June 10, 2020 Ethiopian Monitor #Ethiopia, #Martina Mertens, #Olam International, Wheat

ADDIS ABABA – The Ethiopian government has canceled a planned purchase of 400,000 tonnes of wheat provisionally bought in May,

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Ethiopia’s Export Shows 13% Increase this year

June 8, 2020June 9, 2020 Ethiopian Monitor

ADDIS ABABA – Ethiopia’s export has shown a 13 percent increase as compared to last year amid COVID-19 pandemic.

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