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Government Provides Over 2.3 Million Hectares of Land for Investors in...

Ethiopian Agriculture Investment Land Administration Agency disclosed that it has provided over 2.3 million hectares of land for investors this Ethiopia fiscal year. The agency evaluated here yesterday...

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Ethiopia eyes Foreign Companies in Housing Development

Ethiopia is ready to let foreign companies engaged in the construction sector take part in the housing development program, an official said. Tender has already issued for the construction of the...

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Ethiopia, Rwanda seek Closer Trade Ties in Leather Industry

Ten Ethiopian companies from the leather industry are in the country to foster trade ties with their Rwandan counterparts. The visit comes days after the two countries signed partnership agreement to...

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Ethiopia signs First Grant Agreement worth over € 1.1 Million with COMESA

The Federal Democratic Republic of Ethiopia has become the second country to sign the first funding agreement to a tune of 1.1 million euros with COMESA, a few days after Sudan. Ato Ahmed Shide, State...

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Ethio-Singapore Companies Join Hands to Construct a 7 Bln. Birr Industrial...

Prime Minister Hailemariam Dessalegn and Muktar Kedir Oromia State President laid the cornerstone for the construction of a 7 billion Birr manufacturing complex to be carried out by Repi Wilmar...

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Ethiopia Pushing to be Among Top Five Tourist Destinations in Africa by 2025

The Ethiopian Tourism Organization (ETO) has said it is making strong efforts to promote Ethiopia to the rest of the world towards realizing the vision of becoming among the top five tourist...

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Ethiopia Plans Export Hubs With $10 Billion Factory Parks

Ethiopia is targeting $1 billion of annual investment in industrial parks over the next decade to boost exports and make it Africa’s top manufacturer, a special adviser to Prime Minister Hailemariam...

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Ayka Addis to purchase Cotton from Farmers’ Union

Ayka Addis, a Turkish-based textiles company, signed agreement with a farmers’ cooperative union in Gondar town of Amhara regional state to purchase 150,000 quintals of cotton this year. The agreement...

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‘Made in Ethiopia’ now means Luxury

Open a box of Enzi shoes and this is what you’ll read on the inside: You have not just purchased a pair of shoes. You have contributed towards the development of sustainable leather production in...

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Antonoil Wins New Technical Services Project in Ethiopia

Anton Oilfield Services Group (“Antonoil” or the “Group”), the leading independent oilfield services provider in China, is pleased to announce that the Group has signed the contract today for providing...

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Policies, Investments in Agricultural Infrastructure Drive Africa’s Food...

Favorable policies and investments in agricultural infrastructure have emerged as the major drivers of food-security improvements in Sub-Saharan Africa, indicates the Economist Intelligence Unit’s (The...

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Ethiopian Government Expanding Road Link with Some of its Neighboring Countries

Ethiopia is taking steps to enhance trade and economic recovery with some of its neighbor countries like Djibouti and South Sudan. Road projects that connect Ethiopia with neighboring countries are...

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Ethiopia plans Four New Wind Farm Projects

As Ethiopia gears to make wind power one of the significant part of the country’s renewable energy sources, four new wind farm power projects totaling 542 MW of energy are to be constructed in the...

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Focus on Domestic Apple Production in Ethiopia

The Ethiopian Institute of Agricultural Research said that Ethiopia has huge potential for high quality apple cultivation in medium mild climatic environment. At a field visit held Saturday at Jeldu...

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Ethiopia to Export Transformers

The Ethiopian Power Engineering Industry (EPEI) run under Metals and Engineering Corporation (METEC) announced its plan on Sunday to soon provide Ethiopian made transformers for export to neighboring...

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Castel Winery Expands its Vineyard to meet Market Demand

Castel Winery Ethiopia is expanding its farmland with an investment of 10 million Euros to increase production of grapes. The winery currently grows grapevines on 162 hectares of land and produces 1.1...

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Standard set for Raw Materials used in Agricultural, Industrial Products

The Ministry of Industry (MoI) is preparing a standard for raw material inputs used in metals, chemicals, horticulture, foods, beverage, and pharmaceutical products. The ministry had applied similar...

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US Extends Ethiopia’s AGOA Market Access for 10 Years

The Ethiopian Investment  Commission Director General Fitsum Arega recently told The Ethiopian Herald that Ethiopia has been given another 10 years extension opportunity for accessing US market duty...

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Foreign, Local Horticultural Investors Cultivate 1,787 Hectares of Land

Some 11 new local and foreign companies have become operational in horticulture sector this Ethiopian year. Director-General of Ethiopian Horticultural Development Agency, Alem Woldegerima said today...

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Ethiopian PM commissions Dangote’s $480m Ethiopia cement plant

Dangote Cement plc will next week Thursday commission its 2.5 million mtpa cement plant in Ethiopia as the company inches towards the 40 million mtpa mark and total production capacity globally before...

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