Ethiopia Incubator

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Comment by Eyembe Elango on November 30, 2009 at 2:33pm

Lifan Starts Afresh After Split With Holland
China's Lifan Company has announced plans to invest US$300mn in a new car assembly plant in Ethiopia, just months after terminating a previous agreement with Holland Car. According to the Daily Monitor, Lifan has already found a new partner in Yangfan Ethiopia,.....
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Comment by Eyembe Elango on November 30, 2009 at 2:30pm

Ethiopia will produce its first car to biofuel
Ethio­pia will launch its first ve­hicle po­we­red with bio­fuel, as­sem­bled on site with the aim of re­du­cing the heavy re­liance of the coun­try vis-​à-​vis oil.

The local fac­to­ry auto as­sem­bly Hol­land Car has an­noun­ced that the first car po­we­red with bio­fuel will be ex­hi­bi­ted in No­vem­ber 2009 in Addis Ababa.

The Di­rec­tor Ge­ne­ral of the fac­to­ry, Te­se­ma Ta­desse, told re­por­ters that the de­ci­sion to pro­duce au­to­mo­tive bio­fuel will help Ethio­pia to re­duce the cost of im­por­ting fuel, which to­ta­led about 1 bil­lion U.S. dol­lars by year.
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Comment by Eyembe Elango on November 21, 2009 at 10:53pm

Name Brand: Africa's SME of the year 2008

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Comment by Eyembe Elango on November 17, 2009 at 12:32am

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Comment by Eyembe Elango on November 15, 2009 at 11:49pm

Addis-Ababa(Ethiopia): Investing at Warp Speed

Comment by Eyembe Elango on November 15, 2009 at 11:15pm

Ethiopia Under Construction:The future is nigh

Ethiopia - Dam Construction Begins

Comment by YILKAL on November 15, 2009 at 6:39pm

Rolls-Royce in $2bn engine orders

UK engineering firm Rolls-Royce says it has won orders to make $2bn(£1.2bn) of aircraft engines to power Airbus planes for Air China and Ethiopian Airlines.

The orders were announced on the first day of the Dubai Airshow on Sunday.
The $1.5bn Air China order involves providing Trent 700 engines to power 20 A330 aircraft that will be delivered from 2011.
And the $480m Ethiopian order covers Trent XWB engines for 12 A350-900 XWB planes that will begin service in 2017.
It came after Ethiopian Airlines announced a $3bn aircraft order with Airbus.
The airline made an initial draft request for the dozen extra-wide bodied A350-900s in July and confirmed the deal at the air show, the biggest in the Middle East.

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Comment by Eyembe Elango on November 5, 2009 at 3:59pm

Ethiopia-Indian Company launches multi-million birr agro-investment project in Gambella
A multi-million birr investment project by Karuturi Global Limited, an Indian company in Etang Special Woreda of Gambella State in Ethiopia was launched on Saturday.

Karuturi Global Limited, Managing Director Sai Ramakrishna Karuturi on the occasion said the project would develop palm oil tree, rice and sugar cane on 300,000 hectares of land.

The project would create jobs directly or indirectly in the coming three to five years to 25,000.

He said he is engaged in agriculture and floriculture sectors in Oromia and South Ethiopia Peoples' states in Bako, Holeta and Wolkite localities
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Comment by Bill Levine on October 27, 2009 at 7:18pm

Roads to Link 18,000 Kebeles
The Ethiopian Roads Authority is expected to submit to the Prime Minister’s office the final action plan of the Universal Road Access Programme, which aims to create road connection for all kebeles in the country.

The programme was developed by the central committee of the Ethiopian People’s Revolutionary Democratic Front (EPRDF) to provide road access to all kebeles in Ethiopia. The proposition was made at the eighth general assembly the ruling party held in Hawassa, the seat of the Southern Regional State, early in 2008.

ERA, assigned with the task of developing the action plan which it had been working until now, would realize that objective in seven years. The Authority had brought the programme to the floor at the annual meeting of road sector stakeholders held in Hawassa on December 25 and 26, 2008.

All regional roads authorities, with the exception of the Addis Abeba City Roads Authority (AACRA) are said to have given their inputs for the programme during the meeting.

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Comment by Eyembe Elango on October 27, 2009 at 2:07pm

Ethiopia: Building the future

BUILDNING THE FUTURE ETHIOPIA -

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