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METEC (acronym for Metals and Engineering Corporation) is an Ethiopian arms and machinery industry founded in 2010. [2] Being the state largest military industrial complex, it is responsible for the production of military equipment and civilian products. METEC works with foreign companies such as Alstom from France, and Spire Corporation from ...
Ethiopian People's Revolutionary Party: Efoytā [1] Addis Ababa: 1997 Fānā démokrāsi Amharic Ethiopian Herald [1] Addis Ababa: 1943 Ethiopian Press Agency (government) English Ethiopian Gazette [3] Toronto: 2018 AMG Brands Network English ethiopiangazette.com: Feteh: 2008–2012 [4] closed; chief editor Temesgen Desalegn arrested [5]
Addis Standard is an Ethiopian monthly social, economic and political news magazine published [1] [2] and distributed by Jakenn Publishing Plc, and was established in February 2011 by Tsedale Lemma, [3] who is also the editor-in-chief of the magazine as of January 2021.
In one instance, inflation could heavily impact the growth, requiring food demand. From 2005 to 2012, maize grain in Addis Ababa drastically increased from 1,469 to 5,013 ETB per ton, and the price was tripled in the last five years. Overall, the food price inflation was increased from 7.4% to 15.8% between 2014 and 2019 years. [2]
Steel mill with two arc furnaces. Steelmaking is the process of producing steel from iron ore and/or scrap.Steel has been made for millennia, and was commercialized on a massive scale in the 1850s and 1860s, using the Bessemer and Siemens-Martin processes.
In 1957, Ethiopia initiated a series of five-year development plans. Throughout much of the 1960s and early 1970s, manufacturing activity increased as the government's five-year plans diversified the economy by encouraging agro-industrial activity and by substituting domestically produced goods for imported items.
MIDROC Ethiopia was established in 1994. In 2011 it made a profit of 1.3bn birr (US$70m). [4]MIDROC has major gold mining interests in Ethiopia [5] [6] and it is reported that MIDROC Gold Mine (a subsidiary of MIDROC Ethiopia) has paid the Ethiopian Government 100.1 million birr in royalties, the largest contribution of any mining company. [7]
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.