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Government to lease Komenda sugar factory to new investor

T he government is finalising a 20-year lease arrangement with a new investor to inject funds into Komenda Sugar Development Company Limited to restore and maintain its operations.

Mr Kobina Tahir Hammond, Trade and Industry Minister, made the announ…

Council of Ministers Approves 1.5 Bln USD Agreement with IDA

Addis Ababa: The Council of Ministers, in its 38th regular session today, approved the 1.5 billion USD financial agreement with the International Development Association (IDA).

The agreement consists of a 1 billion USD grant and 500 million loan from…

Ethiopia, Pakistan Discuss Defense, Aviation Cooperation

Addis Ababa: Ethiopia and Pakistan explored various avenues to strengthen bilateral and multilateral cooperation in different areas such as defense and aviation, Ethiopian Embassy in Islamabad revealed.

Ethiopian Ambassador to Pakistan, Jemal Beker d…