Ethiopia Archives - Page 36 Of 37

Ethiopia: AAU’s Technology Institute to Management Coal Phosphate Fertilizer Complex Project

The state-owned Chemical Industry Corporation awarded management and administration consultancy service contract of the coal phosphate fertilizer complex project to Addis Ababa University's Technology Institute, Ethiopian Press Agency reported.

Speaking at the agreement signing ceremony on Monday, at Addis Ababa Hilton, The Corporation's Acting Director General Mekonnen Zergaw said, the execution of mega projects by indigenous contractors and consultants greatly contributes to building the nation's technology capacity and development, particularly in areas such as citizens' capacity building and promoting technology transfer.

Addis Ababa University's Academic Vice-President Dr. Jyissu Omer on his part said, “ The AAU is ready to implement the new consultancy service contract agreement responsibly.”

In addition to conducting research and study, teaching-learning process and community service programs, the Inst…

Ethiopia: Modjo-Hawassa Highway Project to Launch Soon

Preparations are underway to launch the construction work on the 4-lane dual carriageway Modjo-Hawassa highway project, Walta Information Center reported citing the Ethiopian Roads Authority (ERA).

The 210-km highway project will be implemented in four phases.

The first phase consists of the construction of Modjo-Meki new asphalt road and the second phase includes the construction of asphalt road between Meki-Zeway, according to the Ethiopian Roads Authority.

The third and fourth phases of the project consist of the construction of new asphalt road between Zeway-Arsi Negele and Arsi Negele-Hawassa.

The construction of the 56-km Modjo-Meki new asphalt road will be financed by the African Development Bank (AfDB) and the government of Ethiopia.

Financing agreement in underway between the government of Ethiopia and the Korean Exim Bank for the construction of the 37-km Meki-Zeway road, the Authority's …

Ethiopia: Nation Set to Increase Agricultural Productivity by 15%

The Ministry of Agriculture said activities are being carried out to increase agricultural productivity by 15 percent during the current production year, Ethiopian News Agency reported.

In a press conference held on last Wednesday, public relation head with the Ministry Tarekegn Tsige said the Ministry has set target to achieve the goal by increasing use of irrigation, utilization of fertilizers, compost and improved seed by farmers.

The Ministry envisaging to enable 70 percent of households to get access to water banks, a system which helps each household have a reservoir, according to Ethiopian News Agency.

Over 920,000 hectares land has so far has been covered with fruits, spices and root seed, Tarekegn said.

Source: Ethiopian News Agency

Allanasons Ltd. to Build Meat Processing Plant in Ethiopia

Allanasons Ltd, India's largest exporter of processed food products, signed an agreement with the Ministry of Industry establish a meat processing plant, Walta Information Center reported.

The agreement was signed in Addis Ababa on Wednesday, January 1, 2014 by Meberatu Melese, Industry State Minister, and Aman R. Kahan, representative of Allanasons Ltd.

Meberatu on the occasion said, the establishment of the plant would help to improve Ethiopia’s meat export.

It would also enable the pastoral community to benefit from its animal resources as well as the leather industry, he said.

In addition to promoting technology transfer, the plant to be built on 75 hectares of land around Zeway, Oromia Regional State at a cost of 371 million birr will create employment opportunities for residents of the locality, he added.

Allana chooses to build the plant in Ethiopia taking into consideration the country’s li…

Oromia International Bank Introduced Interest-Free Banking

Oromia International Bank (OIB), a private financial institution, become the first to implement interest-free banking [Islamic banking] in Ethiopia.

A recent National Bank of Ethiopia (NBE) directive allowed banks to provide interest-free banking service using a separate window along with their other banking services.

On Thursday, September 16 2013, the NBE granted the first interest-free banking service license to Oromia International Bank.

“We have been the first bank to send our application to NBE to commence the service since NBE issued detailed directives a year ago,” Abi Sano, President of Oromia International Bank, told Capital

“Since our application, we have been carrying out preparations to commence operations, which we will start within three weeks,” he added.

Oromia International Bank was established October 25, 2008 and has 68 branches in Addis and all over the country and has set a target …

Shoe Exporter Huajian Planning a Huge Expansion in Ethiopia

Huajian, one of the largest shoe exporters in China, is planning a multi-million-dollar factory expansion in Ethiopia to benefit from preferential trade tariffs and lower labor costs.

The company, which makes women shoes for global brands such as, Tommy Hilfiger, Guess, Naturalizer, Clarkes and others opened its factory at a purpose-built industrial zone on the outskirts of Addis Ababa a year ago.

The company has launched new line of injection-molded shoes several hundred more workers to the 1,750 Huajian already employs in Ethiopia, where the leather industry is well established, but unemployment is rife.

Huajian has also signed an agreement with the China Africa Development Fund, a private equity fund owned by China Development Bank, to invest jointly USD 2 billion over 10 years in developing manufacturing clusters focused on shoe-making in Ethiopia, Helen Hai, manager who runs the company's plant in Ethiopi…

LG Ethiopia Launched Mobile After-sales Service Center

LG Electronics and Metro PLC launched a mobile after-sales service center in Ethiopia through the “Care and Delight” bus on Wednesday March 27, 2013. The two companies has invested 2 million birr on the Mobile repair center.

“LG has always placed customer satisfaction at the core of its initiatives,” stated Riyadh Yusuf, Marketing Manager of Metro Plc, speaking at the launching ceremony.

The mobile service center aims to save customers time and effort by bringing after-sales service facilities to their doorsteps free of cost.

The bus is equipped with a work station where technicians work on products customers fetch in to be serviced. The bus will also be powered by electricity generated from the LG solar cell battery system installed on the roof of the vehicle, to show LG's environmental responsibility.

Also speaking at the launching ceremony was Abdullahi Abubaker, Owner of Metro PLC, stated that, the new service will help build f…

Ericsson Equipped Ethiopian Village with 3G Connectivity

Communication technologies manufacturer, Ericsson said it has equipped the Millennium Village Project located in northern Ethiopia with network infrastructure and service to introduce voice and data communications.

Ericsson said, with access to 3G connectivity, more than 4,000 students and their teachers at two schools involved in the 'Connect To Learn initiative' now have access to modern learning and teaching resources through Ericsson’s cloud-computing solution.

community health workers in the Millennium Villages will also be able to use cell phones contributed by Sony Mobile and broadband connectivity arranged by Ericsson to render vital health care services directly to households and to gather health related information for follow up and monitoring purposes.

The Ethiopian Koraro Millennium Village has inadequate availability of communications technologies.However, Ericsson's support has enabled the people…

Habesha Construction Selects Contractor for 10 Storey Center

Habesha Construction and Materials Development, Ethiopia has selected Rama Construction plc to construct the 10 storey shopping center it proposes to build at a cost of 233 million birr. Rama will handle only the structural aspects of the proposed project at an estimated cost of more than 123 million birr according to the agreement signed between the two companies yesterday.

Rama will be expected to complete the structural work in 18 months from the time of the agreement.

The center to be named the Tigat Shopping Center will be constructed on 2,100 meter squares of land to be found on Haile Gebreselassie Street. It will be a mixed-use building to host offices, shops and a ninety bedroom four star hotel. The center is owned by the Tigat group of shareholders made up of shop owners in the proposed building site who elected to come together for this project to meet the building requirements of the area according to the cit…

Ethiopia Telecom to Replace Nokia Network

Ethio-Telecom is to replace the Nokia mobile network coverage in Addis Ababa over the next five months according to officials with the telecom provider.

The areas in which the telecom network will be replaced include Ascot, Alem Bank, Akaki, Kolfe Keranio, Hanamariam, Jomo, Lebu and Mekanisa.

It is expected that complete coverage of the mobile tel-communications network in Addis Ababa will be handled either by ZTE or Huawei. The networks set up by Nokia are more than a decade old and are outdated which is why it is necessary to upgrade them said Abdurahim Ahmed, Head of Public Relations with Ethio-telecom.

It is likely that the network will be replaced by ZTE according to an anonymous source close to the issue although ethio-telecom is yet to officially announce its decision.

This effort is part of the larger bid to double the number of mobile subscribers from the current 20 million to 40 million s…