Poverty declines in Ethiopia with Little Help from Industry
Acknowledging the improvement of poverty reduction in Ethiopia, the latest report of the World Bank (WB) revealed that the poverty level in Ethiopia had declined from 44pc to 30pc with little...
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 ArticleFertilizer Blending to Begin in a Month at Four Plants Nationwide
Specific areas will get specific fertilizer mix based on their soil type The Ministry of Agriculture (MoA) and the Agricultural Transformation Agency (ATA), together with four cooperative unions...
View ArticleLong-Awaited Hotel Grading Begins for 600 Hotels in Ethiopia
International consultants, local experts partnering with Ministry of Culture & Tourism The Ministry of Culture & Tourism (MoCT), together with consultants from United Nations World Tourism...
View ArticleEthiopia earns over $191 Million from Manufacturing
Ethiopia earned over 191.4 million US dollars from the export of manufacturing products in the first half of this Ethiopian budget year, Ministry of Industry stated. Ministry Corporate Communication...
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Pittards to Increase Production Threefold
The British owned Pittards PLC announced that it has been making preparations to boost its production capacity by threefold. Pittards Project Manufacturing General Manager,Tsedenia Mekbib, told ENA...
View ArticleGovernment, Industry Leaders Express High Expectations of AHIF
At a meeting held at the Sheraton Hotel in Addis Ababa, Ethiopia, government and industry leaders gathered to brief the local community on the Africa Hotel Investment Forum 2015 (AHIF), which will take...
View ArticleEthiopia may save USD 1 Billion due to fall in Oil Prices
Ethiopia could save a billion dollar due to the global oil price fall according to Zemedeneh Negatu, Managing Partner of Ernst & Young. The significant decrease in oil price that has affected...
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Ethiopia launches Mobile Money Schemes to extend Banking Reach
Ethiopian banks and microfinance firms are launching mobile money services, helping reach swathes of the population that now have little access to branches or services, the mobile technology providers...
View Article“Doing Business in East Africa” held in Washington D.C.
The Ethiopian Embassy along with the Embassies of Kenya and Tanzania and in collaboration with the US Commerce Department, have organized “Doing Business in East Africa,” an after hour Networking...
View ArticleNorwegian Investors Keen to invest in Renewable Energy and Agriculture in...
Kjell Roland, Managing Director of Norfund, said Norwegian investors are keen to invest in renewable energy and agriculture in Ethiopia. President Mulatu Teshome and the Managing Director discussed...
View ArticleKEFI resource boost as it Confirms it is still on track to begin building...
KEFI Minerals said it has increased the size of the resource at Tulu Kapi, in Ethiopia, after re-analyzing existing data as it confirmed it is still on track to begin construction of its flagship gold...
View ArticleGeoPoll, Control Union seek partnership in Ethiopia to engage in agricultural...
Having reached a strategic partnership in Washington on February 4 two global companies – GeoPoll and Control Union – have announced that they are seeking partners in here after having already launched...
View ArticleEthiopia bets on grand projects in drive for industrial Power
Chinese workers mingle with Ethiopians putting the finishing touches to a metro line that cuts through Addis Ababa, one of a series of grand state infrastructure projects that Ethiopia hopes will help...
View ArticleMinistry to grant mining license to Ascom Mining
The Ministry of Mines is going to grant a large-scale gold mining license to Ascom Mining, an international mining firm engaged in primary gold exploration project in the Benishangul Gumuz Regional...
View ArticleAsian Paints Completes deal to acquire Ethiopia’s Kadisco
Kadisco is engaged in the manufacturing and selling of decorative paints, industrial paints, automotive paints, other coatings and adhesives in Ethiopia Asian Paints, India’s leading paint...
View ArticleGlaxoSmithKline considers Ethiopia as a strategic country for investment in...
Dr. Allan Pamba, GlaxoSmithKline’s Vice-President, Pharmaceuticals, East Africa and Government Affairs, Africa, said on Thursday that GlaxoSmithKline (GSK) considered Ethiopia as one of the strategic...
View ArticleNorwegian Investors Keen to invest in Renewable Energy and Agriculture in...
Kjell Roland, Managing Director of Norfund, said Norwegian investors are keen to invest in renewable energy and agriculture in Ethiopia. President Mulatu Teshome and the Managing Director discussed...
View ArticleKEFI resource boost as it Confirms it is still on track to begin building...
KEFI Minerals said it has increased the size of the resource at Tulu Kapi, in Ethiopia, after re-analyzing existing data as it confirmed it is still on track to begin construction of its flagship gold...
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