Nampak to build Glass-bottle Manufacturing Plant in Ethiopia
Nampak Ltd. has agreed with partners to build glass-bottle manufacturing plants to take advantage of growing demand for packaged consumer goods and bottled drinks in the two countries where a quarter...
View ArticleConstruction Exhibition Attracts 17 Countries
The 12th International Ethio-Con International Construction Exhibition is wrapping up at the Addis Ababa Market Development & Exhibition Centre. Starting on Thursday September 17, 2015, the...
View ArticleSteadily Expanding Ethiopia-China Bilateral Ties
Ethiopia and the People’s Republic of China (PRC) have enjoyed long and historic ties based on their common values. Both are very aware of their ancient civilization and their long histories, though...
View ArticleEthiopia Among the top 10 on the Barclays Africa Trade Index
East Africa can become a global and intra-regional trade hub but only if it dismantles all trade barriers in the region, according to researchers at the UK-based Barclays Bank PLC. The researchers note...
View Article3 Steps to Enhancing Business Engagement in the Sustainable Development Agenda
If you’re the CEO of a company large or small, you will be excused for rolling your eyes at the forthcoming U.N. development agenda for 2030 and its 17 sustainable development goals, 169 targets and...
View ArticleEthiopia Becomes First Country in Sub-Saharan Africa to Get Light Rail System
Getting around African cities is famously stressful. Whether in Nairobi, Lagos or Johannesburg most journeys involve negotiating roads clogged with honking cars and choked with fumes. This is also true...
View ArticleWhy African Energy Choices Need to Be Low Carbon – for the Continent’s Own Sake
Africa is the poorest continent, with the fastest growing population. Rapid and sustained economic development is needed to overcome poverty. This development will need energy, and lots of it. The...
View ArticleTurkish Textile Maker Plans Massive Expansion at 850m Br
MNS Manufacturing PLC, a Turkish textile maker in Ethiopia, is quadrupling production with an investment of 850 million Br, with test production expected to begin November 2015. Mahmud Nursacan,...
View ArticleMore Global Brands to join Local Hospitality Industry
Parallel to the upcoming Africa Hotel Investment Forum (AHIF) 2015, scheduled to be held on Wednesday and Thursday in Addis for the second time, four more international hotels are expected to join the...
View ArticleEthiopia, One of the Five Emerging Wine Tourism Destinations
When it comes to wine-themed tourism, certain destinations come to mind immediately: France’s Rhone Valley, Australia’s Yarra Valley, California’s Napa Valley. But great wines are also made where you...
View ArticleIMF hails Ethiopia’s Recent Macroeconomic Performance
On September 21, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Ethiopia. Ethiopia’s recent macroeconomic performance has continued to be...
View ArticleEthiopia to Become a Member to African Trade Insurance
The African Development Bank (AfDB) Group had extended USD 30 million soft loan to Ethiopia, Benin and Côte d’Ivoire for the purpose of membership subscriptions in the African Trade Insurance Agency...
View ArticleMerck Opens Office in Ethiopia
A leading German pharmaceutical company, Merck, officially opened its representative office in Ethiopia on Wednesday. The Merck representative office in Addis Ababa is the first regional hub...
View ArticleEthiopian Airports Enterprise to Embark on Mega International Airport Project
The Ethiopian Government has reportedly unveiled plans for the construction of an international airport in the country’s capital city Addis Ababa. Announced by Ethiopia Minister for Transport Workneh...
View Article5th AHIF Kicks Off in Addis Ababa
The fifth African Hotel Investment Forum (AHIF) kicked off yesterday, Wednesday September 30, 2015, in Addis Ababa, Ethiopia The Daily Monitor reported. The Forum will be held in Sheraton Addis until...
View ArticleAfrica’s GDP Growth to Slow to 3.7 pct this year – World Bank
Economic growth is set to slow in Sub-Saharan Africa to 3.7 percent this year, its weakest pace since 2009, mainly due to the drop in commodity prices, the World Bank said on Monday. The region’s...
View ArticleAfrica Agriculture Status Report – 2015
On September 25-27, 2015, the United Nations is held a summit at which the Sustainable Development Goals and their associated targets for the next fifteen years were adopted. The Goals are fully...
View ArticleAfrican Hotel Report 2015 Dubs Ethiopia the Sleeping Giant
Hotel Partners Africa (HPA) has released the African Hotel Report 2015 on the African Hotels Investment Forum (AHIF) conducted from September 30th to October 1st in Addis Ababa. In terms of economic...
View ArticleCompanies to Start Gold Production
Ministry of Mines said three companies are expected to start gold production soon. As the British owned KEFI Exploration Company, National Mining Corporation PLC (MIDROC) and Ascom have completed...
View ArticleNation expects Surplus Sugar Production as Omo Kuraz Nears Completion
The current national demand for sugar stands at 5.6 million quintal. The country is poised to beat the local demand as the Omo Kuraz Sugar Factory is nearing completion. With the completion of the...
View Article