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Ethiopia Inaugurates Industrial Chickpea Processing

The United States Agency for International Development (USAID) and Agro Prom International officially inaugurated a new industrial chickpea processing and cleaning facility in the Oromia Region of...

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Africa – Japan Business Investment Forum Brings Together Some of the Key...

The 2nd Africa – Japan Business Investment Forum will be held from 31st August to 2nd September in Addis Ababa, Ethiopia, bringing together some of the key actors in the Japanese and African business...

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Coffee Contest to Be Held in Ethiopia

The Japanese UCC Ueshima Coffee Ltd. Company announced that it would organize a coffee quality contest in Ethiopia next March. At a press conference held Monday, Company Supply-Chain Management...

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Standardization in Improving Market

Demitu Hambisa, Minster of Science and Technology African countries’ economy mostly relies on primary economic activities and export raw materials to the world market without value addition. In return,...

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Debre Birhan Emerging as Industrial Hub, Attracts 12 Billion Birr Investment

Debre Birhan town, one of Ethiopia’s emerging industrial hubs, has licensed investors with 12 billion birr during the past three years, according to the town administration. Deputy Mayor of the town,...

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African Potential Turning Into Real Opportunities

The Africa Competitiveness Report 2015 highlights the continent’s solid average growth rate of more than 5 percent over the past 15 years, indicating “impressive economic potential”. According to the...

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Soybean Needs to be Listed as a Key Crop: Expert

Various researches hail soybean as the most protective bean containing 40 per cent protein as compared to other legumes which contain 20-25 per cent protein. It has the highest protein content amongst...

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Japanese Investors desirous to do Business in Ethiopia

Two Japanese companies engaged in manufacturing and selling energy equipments expressed their desire to penetrate into the Ethiopian market. The Koyo Group and the NEC Energy solution told ENA that...

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Agro-Processing Industrial Parks to be established with USD 2.5 Billion

Agro-processing industrial parks are going to be established in four regions with an outlay of 2.5 billion USD, Ministry of Industry disclosed. Speaking at a consultative meeting which conferred on...

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Japanese Companies hoping to Penetrate into Ethiopian Market

As Ethiopia is working to lure more foreign direct investment, Japanese companies that came to Addis Ababa to take part in the Africa-Japan Business Forum are hoping to start businesses here. Two...

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ECX introduces Online Trading System

The Ethiopia Commodity Exchange (ECX) announced that it has introduced an online trading system that enables market players participate directly in trade wherever they are. The online trading, launched...

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Ethiopia to get Kaizen Training Center

Ethiopia is going to construct Kaizen training center so as to supply well-trained labor to the manufacturing industry. The center, to be commissioned by the Japanese government is expected to be...

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US, Netherlands Partner to Strengthen Ethiopia’s Dairy Sector

The U.S. government, through the United States Agency for International Development (USAID), and the Embassy of the Kingdom of the Netherlands signed an agreement today to work together on the...

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Eyes on the Private Sector

Ethiopia has opened doors for business more than ever, which is a very optimistic incitement for the private sector development in the nation. The Country’s economic growth could potentially be backed...

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East Africa emerges as a Trade Hub

Border restrictions eased to aid trade flows, but ‘sleeping giants’ hold Africa back East Africa is emerging as a trade hub to rival sub-Saharan Africa’s two heavyweight states of South Africa and...

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Industry Ministry Seeks New Strategy for Cotton Development

Though the industry is expanding 45,000qt of cotton was imported last fiscal year The UK government is funding a 15-year cotton strategy for Ethiopia with intent to have a new institutional arrangement...

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Digital Trade Endeavoring East African Market

Influencing methods of business activities, mobile phone coverage in East Africa has grown at a staggering rate over the past decade. By the end of 2015, the regional mobile usage is predicted to...

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Construction Machinery Industry to Commence Operation in November

Construction machinery manufacturing industry being built in the northern part of the country will commence operation in November 2015, the Metals and Engineering Corporation (METEC) said. The...

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Ethiopia to Establish Diaspora Advisory Council

A Diaspora advisory council, aims at enhancing engagement of Ethiopians living abroad in various development areas will be established next year, the Ministry of Foreign Affairs announced. The...

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Ethiopia’s Inflation at 11.6 % year-on-year in August

Ethiopia’s inflation slowed to 11.6 percent year-on-year in August from 11.9 percent the previous month, owing to a dip in non-food items, the statistics office said on Monday. The Central Statistics...

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