BY NEW BUSINESS ETHIOPIA REPORTER
Africa Oil Ethiopia B.V. ("AOEBV"), a wholly-owned subsidiary of Africa Oil, has acquired an 80% participating interest in, and operatorship of, the South Omo Block in Ethiopia.
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Africa Oil Acquires 80 Percent of South Omo Block in Ethiopia
Chinese Company Inaugurates Cement Factory in Ethiopia
BY NEW BUSINESS ETHIOPIA REPORTER
A Chinese company, Hung Shen, officially inaugurated yesterday (August 8, 2010) a cement factory, which has a production capacity of 2,000 tons of cement per day in Modjo, 83 kms south of Addis Ababa.
Allana Potash Hires Tesla-IMC For Ethiopian Potash Project
BY NEW BUSINESS ETHIOPIA REPORTER
Allana Potash Corporation announced that it has engaged Tesla-IMC International Limited ("Tesla-IMC") to complete a down-hole and surface 2D seismic survey over the potash basin on its Ethiopian Potash Project.
Nyota Minerals Buys 80 Percent Share In Ethiopia
BY NEW BUSINESS ETHIOPIA REPORTER
Following approval received at shareholder meeting last week, Nyota Minerals Ltd. (NYO.AU) announced yesterday, June 14, 2010 that it acquires 80 percent interest in land package totaling over 4,500 km2 of highly prospective exploration site in Ethiopia.
Italian Company To Introduce ‘Made As In Italy’ Products In Ethiopia
BY NEW BUSINESS ETHIOPIA REPORTER
Proras, Italian Engineering and Contracting company, which has been working in Ethiopia for the past nine years, invited Ethiopian Small and Micro Enterprises (SMEs) to follow Italian industrial development model and start manufacturing ‘Made as in Italy’ products locally. 
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