borkenaJuly 2, 2019 Coca-Cola is investing US$ 300 million to take its business to the next level in the country. According to a report by Bloomberg, the expansion project is a five years plan. The company has been in the country for well over sixty years. The first phase of the expansion, which is expected […]
ENAJune 17, 2019 Addis Ababa – The Dire Dawa-Dewele toll road project which cost 5.2 billion birr was inaugurated yesterday. About 85 percent of the construction was financed through loan obtained from China’s Exim Bank and the remaining sum by the Ethiopian government. The 220 kilometer road is the second toll road to Ethiopia, next […]
borkenaJune 10,2019 US $ 4.4 billion worth geothermal energy is launching in September 2019 in Ethiopia, a London based Global Construction Review (GCR) reported on Monday, June 10, 2019. Reykjavik Geothermal (RG) is developing the Corbetti and Tulu Moye projects and they could produce up to 500 MW of electricity, according to the source. As […]
borkenaMay 25 , 2019 Isuzu, a Japanese automaker, is opening assembly plant in Ethiopia, reported state broadcaster – EBC – on Saturday. According to the report, the company is making preparations to make its plant operation in July of this year. The company’s CEO had a meeting with Ethiopian Ambassador to Japan, Kassa Teklebirhan. Kassa […]