Ethiopia Intends to Export Value Added Meat Products
Ethiopia intends to export value added meat products in ten years to come, Fana Broadcasting Corporate (FBC) reported. Industry Minister Dr. Mebratu Meles at the consultative forum on meat industry...
View ArticleApparel Companies Make a Beeline for Ethiopia
Even as the Modi government aggressively pushes its ‘Make in India’ program, a host of home-grown apparel makers are putting in millions of dollars in Ethiopia, a promising sourcing destination for...
View ArticleEthiopia Chasing Franchise Hotels
Ethiopia ranks eight of the top ten countries for chain hotel developments in pipeline with 1,326 rooms, according to the World Hospitality Group 2015 survey. At present, Ethiopia has only three brand...
View ArticleGerman Engineering Firms missing out on African Growth – Trade Body
German engineering companies are missing out on a chance to offset slowing growth in China and Latin America because they are shying away from investments in sub-Saharan Africa, trade group VDMA said....
View ArticleInfrastructure Development: East Africa is on the Move
East Africa is the fastest growing sub-region on the continent, with economic growth expected to expand by 5.6% this year, well above the continental average of 4.5% or Southern Africa’s 3.1%. But in...
View ArticleMedtech Ethiopia Pioneers Domestic Industry Growth through EPHARM Acquisition
Medtech Ethiopia has signaled its intentions in recent years through various acquisitions and diversifications, and is well on its way to benefiting from its most significant investment to date. The...
View ArticleEarth, Wind, Fire – Ethiopia Exploits Renewable Energy Resources
One of the strategies being used to blaze the trail to a Green Economy, is Ethiopia’s pace-setting strides in exploiting its various renewable energy resources, with interested development partners...
View ArticleChinese Company to Produce 40 Billion Gallon Gas
A Chinese company engaged in natural oil gas exploration with a capital of five billion USD in Ethiopia is expected to produce 40 billion gallon gas after three years. President Dr Mulatu Teshome held...
View ArticleNew Mobile Banking System Called M-BIRR Launched
M-BIRR, mobile money transfer system, has been launched in Ethiopia to operate local money transfer, according to The Reporter. M-BIRR was established in 2012 by five partnering microfinance...
View ArticleIsraeli Companies to Explore Opportunities
The Ministry of Foreign Affairs said yesterday that Israeli companies expressed readiness to explore lucrative investment possibilities in Ethiopia. After holding discussion with Israeli business...
View ArticleEthiopia Likely to Return to International Capital Market
Ethiopia, which raised $1 billion with a debut Eurobond in December, is “very likely” to return to the international capital market to help fund new infrastructure after a new cabinet is picked in...
View ArticleU.S. Businessmen to Invest Here
Ethiopia has been doing its best to reduce poverty by creating enabling environment to attract foreign investment here thereby creating job opportunities, boosting exports and diversifying the economy....
View ArticleMinistry to Transform Services in GTP II
The Ministry of Health expressed its readiness to transform its service across the nation in GTP II overcoming the overall malpractices observed in the health sector that include the trend of preparing...
View ArticleEthiopia Set to Be the Fastest Growing Country in the World
Ethiopia is head and shoulders above the rest of Africa in meeting the Millennium Development Goals (MDGs). The Gates Foundation has released a report “One foot on the ground, one foot in the air”...
View ArticleExcavation Studies Underway to Extract Gold Deposit
Production will begin in two years after the ongoing activities are finalized. The National Mining Corporation said that an exploration and excavation process of Gold amounting 53,000 KG is being...
View ArticleFrom famine to finances: Ethiopia’s got economic potential
Home to Queen of Sheba and the only African nation to resist colonization, Ethiopia has economic potential, according to a report published by the online news site The Market Mogul. Despite war and...
View ArticleGiant Solar “Tulips” will help Ethiopia Become Carbon Neutral by 2025
Around the globe, more countries are looking to reduce their carbon emissions by bolstering renewable energy infrastructure, but they can’t do it alone. Nations with eco-friendly initiatives rely on...
View ArticleEstablishing New Pharmaceutical Industries Meet Local Demand
The local demand for pharmaceutical products has grown by 25 per cent on average reaching 10 billion Birr in 2013/15. A workshop on local Pharmaceutical Manufacturing Development Incentive Packages and...
View ArticleEthio-Italy Trade, Investment Forum held in Milan
Over 300 Italian firms crowded Milan’s Stelline Conference Centre on Monday to attend the Ethiopia Trade and Investment Forum. The event was organized by the Italian Trade Agency (ICE) and the Ministry...
View ArticleGlass Company’s 1.1b Br Expansion Gives Competitive Edge
Addis Ababa Bottle & Glass (AAB&G) S.C. is undertaking a 1.1 billion Br expansion project to meet growing demand. The 40 year old company, now co-owned by Ethiopian and Chinese investors, is...
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