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Yum to open 10 Ethiopian Pizza Huts in African expansion

Addis Ababa, April 26, 2017 (FBC) – U.S. fast-food giant Yum Brands Inc. has signed a deal with Ethiopia’s Belayab Foods and Franchise PLC to open 10 Pizza Hut restaurants…

Spanish group CELORRIO to build vegetable canning complex in Ethiopia

Addis Ababa, April 26, 2017 (FBC) – The Spanish group CELORRIO will build a vast vegetable canning complex in Ethiopia. This new site will have a production capacity of 80,000…

Ethiopia taps Chinese firms to employ a burgeoning youth population

Addis Ababa, April 24, 2017 (FBC) – Selam Fantahun, an Ethiopian high school dropout, feels that her life’s prospects have brightened up since she landed a job at a Chinese…

Addis gets smart car park

Addis Ababa, April 22, 2017 (FBC) – A car park, which was built at a cost of 40 million birr in Addis Ababa at a place commonly known as Megenagna,…

Cornerstone laid for construction of $100 mln tertiary hospital in Addis Ababa

Addis Ababa, April 20, 2017 (FBC) – Prime Minister Hailemariam Desalegn has laid a cornerstone for a tertiary hospital which will be built at a cost of 100 million US…

Habesha cement plant inaugurated

Addis Ababa, April 19, 2017 (FBC) –Prime Minister Hailemariam Desalegn, along with other officials, today inaugurated a cement plant built by Habesha Cement Share Company at a cost of 155…