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United Insurance Secures Disputed Multi-Million Birr

borkena December 5,2018 After three weeks of controversy, the Ministry of Labour & Social Affairs has bestowed domestic workers’ insurance coverage, estimated at 300 million Br, to United Insurance. The signing was planned to take place three weeks ago but was suspended as competing insurance companies filed grievances over the tender procedure. Ministry of Labour […]

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AFCON 2019 Qualifier: Ethiopia secures 1-0 win over Sierra Leone

The Ethiopian National Team revived their hope of progressing to the AFCON 2019 tournament that will take place in Cameroon as they secured a 1-0

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Bagir Secures USD 16 Million to Expand Its Manufacturing Plant in Ethiopia

View Comments Bagir Group LTD announced yesterday that it had obtained a USD 16 million investment from Shandong Ruyi Technology Group Co Ltd, a Chinese textiles

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Kenya secures $237 million of U.S. investment in wind power and food

Kenya has signed agreements with a US company, allowing $237 million (Sh23bn) of investments in wind power and food security. The Overseas Private Investment Corporation (OPIC) and Kipeto Wind Energy Company signed documents to close a $232 million deal in financing the construction and operation of a 100-megawatt grid-connected wind power plant south of Nairobi. […]

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Holland Dairy Ethiopia secures FrieslandCampina investment

Holland Dairy, a leading dairy processing company in Ethiopia, is a well-known brand recognized for its high quality products, especially yogurt and milk. The company has an integrated milk supply chain and sources its milk locally. Its main suppliers are smallholder farmers. (FoodBev Media)– FrieslandCampina and Holland-based Veris Investments have invested in dairy processing company […]

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