BY NEW BUSINESS ETHIOPIA REPORTER
Habesha Cement Share Company of Ethiopia signed an agreement with a Chinese company, Northern Heavy Industries, for the design, supply and installation of the cement factory. 
Investement
Chinese Company to Erect Habesha Cement Factory
Ethiopians Prefer Driving Home-grown Cars
By Luc van Kemenade NEW BUSINESS ETHIOPIA CONTRIBUTOR
With public purchasing power on the rise, Ethiopia’s small but emerging middle class yearns to cruise around Addis Ababa in style. 
Africa Oil Acquires 80 Percent of South Omo Block in Ethiopia
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.
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.
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