Chinese Firm to Install Modern Traffic Control Systems in Ethiopia’s Capital

Chinese Firm to Install Modern Traffic Control Systems in Ethiopia’s Capital

borkenaBy Tesfa-Alem TekleJanuary 3, 2020 (ADDIS ABABA) – Ethiopia on Wednesday signed an agreement with a Chinese giant company to construct a modern traffic control center in the Ethiopian capital, Addis Ababa, this is according to the Addis Ababa City Press Secretariat. The agreement was signed yesterday between Addis Ababa City administration’s Construction Bureau and […]

Ethiopia Pushes to Boost Foreign Direct Investment inflows

Ethiopia Pushes to Boost Foreign Direct Investment inflows

borkenaBy  Tesfa-Alem TekleJanuary 2, 2020  (ADDIS ABABA) -Ethiopia on Wednesday said it has established an integration platform to arrest problems encountering the horn nation to enhance Foreign Direct Investment flows. Ethiopia had plans to attract over  $ 5 billion in Foreign Direct Investment (FDI) during the current Ethiopian Fiscal Year and is aggressively working to […]

Saudi Billionaire Al-Amoudi’s company building biggest cooking oil factory

Saudi Billionaire Al-Amoudi’s company building biggest cooking oil factory

With the construction of a 4 billion birr worth of Sheger cooking oil factory in Addis Ababa, Ethiopia aims to minimize a bit of foreign currency expenditure borkenaDecember 30, 2019 The construction of Ethiopia’s giant cooking oil factory is launched this past weekend. Acting Mayor of Addis Ababa City, Takele Uma, laid the cornerstone for […]

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