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Oxygen plant worth 50 mln Birr inaugurated in Dire Dawa
Spread the NewsAn Oxygen plant has inaugurated Tuesday in Dire Dawa City. The plant was constructed by Yeabsira Industrial Complex PLC at a cost of 50 million Birr. Kedir Jewar, Mayor of Dire Dawa city said that construction of the plant will ease shortage of oxygen, which was common in hospitals. “Previously, heading to Addis…
Green Technologies Ethiopia invests 2.4 bln Birr on renewable energies
Spread the NewsBy Yared Nigussie Green Technologies Ethiopia said it has invested 2.4 billion Birr to expand cleaner energy alternatives. Fitsum Deriessa, General Manager Green Technologies Ethiopia, among the subsidiaries Green Tech Africa, told Origins Business that Green Technologies has so far invested 2.4 billion Birr to import electric vehicles and conduct other activities pertaining…
Ethiopia liberalizes banking sector
Spread the NewsThe Council of Ministers has approved Saturday a new policy that will open Ethiopia’s banking sector for foreign firms’ competition. The Council has approved the policy on its 13th regular session held at the Office of the Prime Minister. Ethiopia has closed its doors for foreign banks entry for a little less than…
Institutions told selling scrap metals, used vehicles to steel producers
Spread the NewsMinistry of Mines (MoM) and the federal Public Procurement and Property Authority jointly called on governmental and private institutions for vending of scrap metals, used vehicles and machineries to steel producers through legal channel. The Authority and Ministry held a joint presser on Friday at the headquarters of MoM. The two agencies called…
U. S. Ambassador Geeta Pasi Visits Hawassa, discuss AGOA issues
Spread the NewsGeeta Pasi, Ambassador of the United States to Ethiopia has visited Hawassa. During her daylong visit, the Ambassador met with business leaders, workers, academics, and journalists to discuss about U.S. government programs to hear from them about their experiences in their respective fields. The Ambassador visited the Hawassa Industrial Park (HIP), the first sustainable textile and apparel…
Oro Fresh launches supplying veg, fruits
Spread the NewsEstablished with an aim of providing value chains by easing supply shortages of fruits and vegetables trade activities in Oromia region, “Oro Fresh” has launched providing service on Thursday. “Oro Fresh” is a mechanism set up to sole the supply-side process and to cut long-value chains. Girma Amentie, Resource Administration Cluster with the portfolio of…