China to further Increase Presence in Manufacturing, Infrastructure
Ethiopia is asking for China’s support in three areas of the second Growth and Transformation Plan (GTP II), Capital learnt. China who is a major partner of Ethiopia has also played a vital role in...
View ArticleRoad Show promoting Investment in Ethiopia hailed a Success
A road show with the theme “Invest in Ethiopia Knowledge Series” was held successfully in three Indian cities; Pune, Bangalore and Chennai from December 15 to 20, Overseas Infrastructure Alliance...
View ArticleAllana Partner ICL Launches “Potash for Growth” Program in Ethiopia
Allana Potash Corp. (AAA) commends ICL for its recent announcement initiating its “Potash for Growth” program in Ethiopia. The program is designed to unlock the potential of agriculture in Ethiopia by...
View ArticleAfrica Hotel Investment Forum (AHIF) Returns to Addis Ababa for 2015
Bench Events, the organizer of the Africa Hotel Investment Forum (AHIF) announced this week that the conference will return to Addis Ababa in 2015. It will take place again at the Sheraton Hotel on...
View ArticleRetailer H&M discovers attractive Manufacturing Market Ethiopia
Global clothing retailer H&M has recently placed its first orders with garment manufacturers in Ethiopia. The orders mark an important step in the direction of developing Ethiopia’s economy. A...
View ArticleNew Crown Cork Factory Joins Market
A new crown cork factory is prepping to begin production by mid-February 2015, bringing the total of such factories in Ethiopia to six, including one which plans to go into production around July this...
View ArticleHeineken inaugurates Ethiopia’s Biggest Brewery as part of EUR 310 Million...
HEINEKEN officially inaugurated its new brewery at a greenfield site in Kilinto on the outskirts of Addis Ababa. In a ceremony attended by 300 guests including His Excellency the Prime Minister...
View ArticleInstitute urges Private Sector to Implement Meteorological Infrastructure
The National Meteorology Institute of Ethiopia (NMIE) held discussion on a research entitled “The Role of the Private Sector in the area of National Meteorology Infrastructure” with the Addis Ababa...
View ArticleTop 5 Opportunities for Investment in Ethiopia
The times are changing in the Horn of Africa and the larger East Africa region. Ethiopia – once the byword for famine in the region – is now garnering attention from foreign investors. Sitting in the...
View ArticleEast Africa fastest growing region in Africa: WESP 2015
This year’s World Economic Situation and Prospects 2014 (WESP) Report has indicated that African economies will continue to grow in 2015 due to private investment and consumption which have been key...
View ArticleEthiopia to set up textile Technology Park
A textile technology park, aiming to assist the sector in skilled manpower and technology will be set up in Ethiopia. The Ethiopia-South Korea Textile Industry Linkage summit is being held in Ethiopia....
View ArticleQatari Investors to launch 500 Million USD projects in Ethiopia
President Mulatu Teshome stated that the government will consolidate its support to investors. During his talks with a Qatari business group led by Sheikh Fahad Ahmed M.T Al Thani here Friday, the...
View ArticleEthiopia and Turkey agree to bolster Trade
Ethiopia and Turkey agree to bolster their trade relation to half a billion dollars annually. Prime Minister Hailemariam Desalegn and the Turkish President Recep Tayyip Erdogan discussed bilateral and...
View ArticleEthiopia, Japan hold 15th round Policy Dialogue on Industrial Development
Japan and Ethiopia conducted the 15th Round of the Policy Dialogue on Industrial Development here in Addis Abeba from 12 to 17 January, 2015. The policy dialogue was referred to in the Joint Communiqué...
View ArticleLocal Company to export Bamboo Chopsticks to China
Bamboo Star Agro-Forestry, a company established in 2007, is set to produce bamboo chopsticks and other products that will be destined for the Chinese market. Michael Gebru, a returnee from the US who...
View ArticleNew Equity Firm to Invest in Ethiopian Companies
A new private equity firm based in Mauritius, Ascent Capital, is looking forward to financing local businesses including start-ups in Ethiopia. The company on Friday officially opened its office in...
View ArticlePremier Urges Chinese Companies to Engage in Building Industrial Zones, Parks
Prime Minister Hailemariam Dessalegn invited Chinese companies to participate in the building of industrial zones and parks in Ethiopia. During the discussion he held with the Special Envoy and Vice...
View ArticleEthiopian Airlines 2015 outlook: more rapid expansion as it becomes Africa’s...
Ethiopian Airlines is planning further fleet and network expansion in 2015, enabling the flag carrier to widen the gap with other leading African carriers. Ethiopian has already become the largest...
View ArticleEthiopia and Korea agree on Strengthening Cooperation in Development, Trade...
State Minister Amb. Berhane Guebre –Christos discussed with Shin Don-iK, Deputy Minister for Multilateral and Global Affairs of Korea, on January 27 at the African Union Headquarters. During the...
View ArticleSouth Africa’s Standard Bank to open rep office in Ethiopia
South Africa’s Standard Bank aims to open a representative office in Ethiopia by the end of March, joining others eyeing a fast growing African economy although foreigners are barred from offering...
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