An Israel construction company, Natifa, secured a loan to be used to finance the Wolkayit Sugar development project from an Israeli bank, The Reporter reported.
The National Archives and Library Agency to build new eight floor archival building expected to be finalized within two years. Culture and Tourism Minister Amin Abdulkadir yesterday laid the corner-stone of the new building, EH reported.
Growth in Africa’s non-oil and non-mineral-rich economies is forecast to moderate slightly from 4.7 per cent in 2013 to 4.6 per cent in 2014, mostly driven by strong expansion in services and agriculture in countries such as Ethiopia, reads the World Economic Situation and Prospects 2014 report released by the United Nations Economic Commission for Africa, Capital reported.
The Addis Ababa City Administration has announced that it has collected over 335 million birr for the realization of the Grand Ethiopian Renaissance Dam Project. The figure does not include the pledge and bond purchase by investors and huge firms, EH reported.
The Ministry of Water, Irrigation and Energy said it is exerting maximum efforts to achieve the target set in the Growth and Transformation Plan (GTP) in the energy sector, WIC reported.
