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Cement Plant Puts Down Roots in Amhara

Jan 26 , 2019

A new cement factory is being built in Dejen in Amhara Regional State by Abay Industrial Development Share Company at a cost of 8.8 billion Br. Abay has signed agreements with the Chinese Hengyuan Group and the Danish FLSmidth for the construction of the cement plant. The signing ceremony was held at the Sheraton Addis Hotel in the presence of Deputy Prime Minister Demeke Mekonnen and Gedu Andargachew, president of the Amhara Regional State, and Melaku Alebel, chairperson of the board of directors of Abay Industrial Development. The construction of the company will be completed in two years and can produce 5,000tn of cement a day. It is expected to open employment opportunities for 1,000 people once it becomes operational.

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Tech Expo to Spotlight Digital Future, Emerging Technologies

An expo set on capitalizing on Business Process Outsourcing (BPO)—Future Tech Addis Expo 2025—is set to take place at Skylight Hotel in February. Organized by RCNDC Consultancy in partnership with the ministries of Education and Innovation & Technology, the expo seeks to demonstrate technology's role in driving socio-economic development, featuring exhibitions of the latest tech advancements, panel discussions with experts, hands-on workshops, and networking opportunities. Hackathons wil...

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Ministry Leads New Climate Reporting System

The Ministry of Planning & Development launched an integrated system for measuring, reporting, and verifying greenhouse gas emissions, as well as monitoring and evaluating climate change implementation. The integrated and harmonized national measurement, reporting, and verification (MRV) and monitoring and evaluation (M&E) system, was announced at a program held at the Radisson Blu Hotel on Tito St. last week. State Minister Seyoum Mekonnen clarified that the Ministry is solely respon...

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Haile Hospitality Expands with New Jimma Resort

Haile Resort Jimma, the tenth destination in the 15-year-old Haile Hospitality Group, was inaugurated last week at a cost of 1.7 billion Br, with financing sourced internally. Located 350km southwest of Addis Abeba in Jimma, in Oromia Regional State, the hotel spans 16,000sqm with a total built-up area of 15,300sqm. The resort boasts 105 rooms, two villas, five conference halls, and four restaurants, as well as other recreational facilities. The construction of the hotel took one and a half y...

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