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Industry

News concerning Industry.

Bole Lemi Industry Zone Construction Accord Singed

Published on: Thu, 2013-10-31 00:00

The Ministry of Industry signed on Thursday Bole Lemi 2nd round Industry zone construction with various contractors. The construction agreement was signed with 14 contractors and a consultant engineer.

PM Hailemariam Invites Canada To invest In Energy, Mining Sectors

Published on: Wed, 2013-10-30 00:00

Prime Minister Hailemariam Desalegn has invited Canada to invest in energy and mining sectors in Ethiopia.

Nyota Minerals To Sell 75% Of Tulu Kapi Gold Project In Ethiopia

Published on: Mon, 2013-10-28 00:00

Nyota Minerals (ASX: NYO, LON: NYO) has confirmed a plan to sell 75% of the flagship Tulu Kapi gold mine project in Ethiopia.

India's Mining Company To Invest In Ethiopian Coal Mine

Published on: Mon, 2013-10-28 00:00

Indian mining firm May Flower Mining Enterprise Ltd is to invest $116 million in the Delbi Mining S.C.'s coal mine in south-western Ethiopia, 400 km from here, IANS reported.

Ministry: 72.24 mln USD Gained From Mining Sector

Published on: Sun, 2013-10-27 00:00

በሩብ የበጀት ዓመቱ የተለያዩ ማዕድናትን ወደ ውጪ በመላክ 72 ነጥብ 24 ሚሊየን ዶላር ገቢ መገኘቱን የማዕድን ሚኒስቴር አስታወቀ።

Gold From Artisanal Miners Fetch $71.6 mln in 1st Quarter

Published on: Sat, 2013-10-26 00:00

Ethiopia has earned 71.6 million US dollars from export of gold supplied to the National Bank of Ethiopia (NBE) by artisanal miners during the first three months of the budget year, Ministry of Mines (MoM) disclosed.

Ethiopia Opens Up For Foreign Investment

Published on: Thu, 2013-10-24 00:00

With Ethiopia’s economic growth rate remaining relatively high at seven per cent as well as the government’s request for a sovereign rating, the country is slowly beginning to open up its doors to foreign investors.

Ayka Addis Executing Massive Expansion Activities

Published on: Thu, 2013-10-24 00:00

President of the Federal Democratic Republic of Ethiopia, Mulatu Teshome has expressed government’s readiness to providing the necessary support to Ayka Addis Textile & Investment Group PLC in the latter’s endeavors to expand its activities in the country.

Yara International To Commence Construction For Potash Mining With 700mln Dollar

Published on: Sat, 2013-10-19 00:00

''ያራ ኢንትናሽናል '' የተባለ ኩባንያ በሚቀጥሉት ሦስት ዓመታት 700 ሚሊዮን የአሜሪካን ዶላር በሚደርስ ወጪ በዓፋር ዳሉል የሚገኘውን የፖታሽ ክምችት ለማምረት የሚያስችለውን ግንባታ ለማካሄድ በዝግጅት ላይ መሆኑን አስታወቀ።

Institute Set To Earn $250 Million From Textile Export

Published on: Sat, 2013-10-19 00:00

The Ethiopian Textile Industry Development Institute (TIDI) says it is set to earn $250 million in the current 2006 Ethiopian budget year from export of textile products.

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