Companies eye oil shale in Ethiopia
Foreign oil and gas companies have expressed their keen interest to tap into oil shale deposits in Ethiopia, it was learnt. Reliable sources told The Reporter that two foreign companies recently...
View ArticleChinese Company to Build Textile, Garment Factory with Over 15 Million USD
Shaoxing Mina Textile Company said it will build a textile and garment factory in Sebeta, Oromia Regional State, with an outlay of over 15 million USD. Company CEO, Wei Chang Jun said a dying and...
View ArticleDutch brewer Bavaria’s Ethiopian unit to start sales in Q2
Ethiopian greenfield brewer Habesha, majority-owned by Dutch brewer Bavaria NV [BVMVE.UL], said it plans to start selling beer in the second quarter of this year to tap rising domestic demand that has...
View ArticleAscent Capital makes first Investment in Ethiopian Company
Ascent Capital has invested in an Ethiopian medical diagnostic laboratory company, Medpharm Holdings Africa, in its first private equity deal in Ethiopia. The private equity firm effected a 2.5 million...
View ArticleExtractive and Mineral Industries Contribution for Foreign Currency Earning
The enormous potential in the Extractive and Mineral industries and its contribution for foreign currency earning was highlighted as opportunities for making the sector competitive. This was underlined...
View ArticleTapping Spice Resources for Export Market Vital: Ministry
Ethiopia has various agro-ecological zones which could grow more than 100 species of spices The Ministry of Industry said exploiting the untapped spices resources for export market is essential for...
View ArticleQuality should be the ‘motto’ of producers – Ministry
The Ministry of Trade conducted a three-day discussion with stakeholders on quality and standard issues here on Monday. On the occasion State Minister of Trade Ali Siraj said: “Total quality management...
View ArticleEthiopia’s Growing Economic Diplomacy
Ethiopia has clear and attainable trade policy which helps to develop and ensure broad international market linkage and thereby generate large amount of foreign exchange. Likewise, the country has put...
View ArticleItalian, Greek Companies assessing Opportunities in Ethiopia
Italian and Greek investors are in Addis Ababa, capital of Ethiopia, to assess business and investment opportunities and discuss with Ethiopian counterparts on possible partnerships. Companies engaged...
View ArticleFoam Mattress’ Growing Business
Bahru Jemal, deputy manager of Feleke Trading Plc which is a manufacturer of Hamad foam relates the edible bread with the inedible foam when he tries to explain the manufacturing of foam. Just like a...
View ArticleKaduna to Boost Business Relationship with Ethiopia
The Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA) has indicated willingness to establish and boost business relationship between Kaduna state and Ethiopian business community....
View ArticleEthiopia’s $5bn Project that could turn it Into Africa’s Water Powerhouse
It’s called the Grand Renaissance Dam — and the clue is in the name. With some 8,500 laborers working around the clock on its construction, the imposingly-named dam is surely one of Africa’s most...
View ArticleBelgium to host African, European Business Forum
The European Union (EU) -Africa Chamber of Commerce is set to host the EU-Africa business to business (B2B) Forum from May 6-8, 2015 in Mons (Belgium). This high level Business-to-Business (B2B) event...
View ArticleBCIMR strives to be part of the growth in East Africa
The Banque pour le Commerce et l’Industrie – Mer Rouge (BCIMR) a subsidiary of the French bank BRED, official celebrated the opening of its representative office in Ethiopia, on Thursday February 26....
View ArticleAddis’s First Seven Star Hotel
Addis Ababa is to get another world class hospitality image before the end of the year when the AU Grand Hotel managed by Westin Hotels and Resorts inaugurates its seven star hotel in the African Union...
View ArticleEthiopia eyes Chinese Meat Market
Unhappy of the meager turnover by the current meat and dairy export, the Ethiopian Meat and Dairy Technology Institute (EMDTI) is poised to export its products to Chinese market to boost up the income...
View ArticleEthiopia eyes Middle East Market for Agricultural Products
Ethiopia targets countries in the Middle East for its agricultural products and live animals export, the Ministry of Trade disclosed. Saudi Arabia and United Arab Emirates (UAE) are the countries the...
View ArticleAmerican Company to build Electric Car Assembly Plant in Ethiopia
The first ever electric car assembly plant in Africa is going to be built in Ethiopia. President Mulatu Teshome held a discussion with America’s Ambassador to Ethiopia, Patricia M. Haslach, and Global...
View ArticleInvestment Opportunities of the Salt-Rich Afdera
An essential element in the diet of not only humans but also animals and one of the most effective and most widely used of all food preservatives, industrial, medical and other purposes, salt. In the...
View ArticleU.S Business Giant Dow eyeing Ethiopian Market
The Dow Water and Process Solution said it is opening an office in Addis Ababa to showcase its world famous water treatment innovations. Representatives of the company told reporters on Wednesday at...
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