Monday 6 July 2015
 
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Ethiopia

Sawiris family eyes Ethiopia’s hotel sector

Ethiopia has received a request from Egypt’s Sawiris family, which owns multi-billion dollar conglomerates, to invest in the country’s hotels sector, said a top government official. Ethiopia is negotiating with some Eg

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Sawiris family eyes Ethiopia’s hotel sector

Ethiopia has received a request from Egypt’s Sawiris family, which owns multi-billion dollar conglomerates, to invest in the country’s hotels sector, said a top government official. Ethiopia is negotiating with some Eg

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Egypt group to develop Ethiopia housing projects

Egypt-based Arab Contractors Company is building two projects in Ethiopia at an investment of more than $111 million, said a report citing its top official. The company is studying a plan to build a new affordable housing project

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Omani team to explore trade opportunities in Ethiopia

A senior Omani trade delegation is set to explore new business and investment opportunities in Ethiopia. Led by Ithraa’s chairman, Dr Salem ben Nasser Al Ismaily, the two-day visit to Addis Ababa will include a series of mee

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Egypt, Ethiopia, Sudan sign historic Nile dam deal

Leaders from Egypt, Ethiopia and Sudan signed a co-operation deal on Monday over a giant Ethiopian hydroelectric dam on a tributary of the river Nile, in a bid to ease tensions over regional water supplies. The leaders said the &q

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Asec inks Ethiopia cement plant management deal

Asec Engineering and Management, a subsidiary of Egypt's Qalaa Holdings (formerly Citadel Capital), has signed a plant management agreement with Ethiopia’s National Cement Share Company. A leading cement plant Operations

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Asec inks Ethiopia cement plant management deal

Asec Engineering and Management, a subsidiary of Egypt's Qalaa Holdings (formerly Citadel Capital), has signed a plant management agreement with Ethiopia’s National Cement Share Company. A leading cement plant Operations

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Ethiopia launches mobile money schemes

Ethiopian banks and microfinance firms are launching mobile money services, helping reach swathes of the population that now have little access to branches or services, the mobile technology providers and banks said. The launch of

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Ethiopia to start new rail to Djibouti in early 2016

Ethiopia expects to open a new railway line linking the capital Addis Ababa with the Red Sea state of Djibouti in early 2016, a project at the centre of plans to create new manufacturing industries, the head of the state railways said.

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Ethiopia dam could start power generation by June

A much-delayed $1.8 billion dam project under construction along Ethiopia's Omo river could begin generating power by June and be fully operational by early 2016, an official said on Thursday. Gilgel Gibe 3 will nearly double

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