Nation has Potential to Earn 5 Billion USD from Mining, Study Reveals
The study report entitled “strategic assessment of the Ethiopian mineral sector” was launched on Tuesday, October 07, 2014 at the Hilton hotel. The study was reportedly conducted by the assistance of...
View ArticleGovernment Working to Increase European Investment in Ethiopia
The government of Ethiopia is working to increase the investment of European businesspersons in Ethiopia, Ministry of Trade said. A European Union Trade Forum which attracted government officials and...
View ArticleInvestors Urged to Make Ethiopia Leading Nation in Light Agro-processing...
The industrial zones being built in four major cities of the country would create opportunities for the expansion of the manufacturing industry, according to Ministry of Industry. Speaking at a...
View ArticleIMF Executive Board Concludes 2014 Article IV Consultation with the Federal...
On September 24, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Ethiopia. Ethiopia’s recent macroeconomic performance continues to be...
View ArticleIndian Companies to invest 2 billion USD in Ethiopia: Ambassador Verma
Indian companies with an aggregate capital of 2 billion USD are making preparations to invest in Ethiopia, according to India’s Ambassador to Ethiopia. Ambassador Sanjay Verma told ENA that Indian...
View ArticleECX gets 3.5m Birr Worth Coffee Laboratory Equipment
Ethiopian Commodity Exchange (ECX) received coffee laboratory equipment from United States Agency for International Development (USAID) to beef –up coffee quality inspection and grading system of its...
View ArticleEthiopia Loses More than USD 90 Million due to Rough Gemstones Export
Ethiopia is losing more than 90 million dollars annually because of the exports of rough gemstones, it was learnt. At a two-day consultative meeting on the mining sector held on October 7 and 8 jointly...
View ArticleMade in Ethiopia: The Leather Gloves keeping the World Warm and Stylish
The steady hum of sewing machines fills the air inside a large glove-making factory on the outskirts of Addis Ababa, the bustling Ethiopian capital. Patches of leather move through an array of working...
View ArticleMinistry to strengthen Support to Metals Industry Investors
Metals Industry Development Institute and investors discussed Integrated Investment, Manufacturing Technology and Market Support yesterday towards accelerating sector development. Minister of Industry...
View ArticleLarge Quantity Importers to Benefit from Door-to-Door Delivery Service
The new system will enable manufacturers to pay tax as they use their products, rather than paying for all stocked commodities The Ethiopian Shipping & Logistics Services Enterprise (ESLSE) is...
View ArticleBoom Times for Ethiopia’s Coffee Shops
Traditionally it takes rather a long time to be served a cup of coffee in Ethiopia – but things are now speeding up. As coffee plants originate from the east African nation – where they first grew wild...
View ArticleEthiopia’s Development Experience: Issues and Comparative Analysis with Asian...
While Ethiopia’s public sector-led development strategy has delivered strong results over the past decade, it has been facing significant challenges in recent years. A model-based analysis of the...
View ArticleUNCTAD Calls for Increased Investment to Close Financing Gaps
Lack of investment and an absence of coordinated leadership to address critical financing needs in developing countries could threaten efforts to reduce poverty and tackle issues such as climate...
View ArticleEthiopia shows “developing countries how to make a green economy prosper”
Ethiopia is emerging as an exemplary model to the rest of the world in terms of addressing climate change challenges while making advances on the economic front, Fritz Jung, the representative of...
View ArticleGreece Business Delegation Discuses with AA Chamber
A visiting Greece business delegation discussed with members of the Addis Ababa Chamber of Commerce and Sectoral Association about the existing business and investment opportunities in Ethiopia. During...
View ArticleFastest Growing African Shoe-Brand ‘SoleRebels’ Launches Flagship Store in...
Named one of the 20 Youngest Power Women in Africa in 2011 by FORBES, celebrated Ethiopian entrepreneur, Bethlehem Tilahun Alemu launched her first US offering at the beginning of this month; a...
View ArticleInternational Business Forum Entitled ‘Invest in Ethiopia’
An International Business Forum entitled ‘Invest in Ethiopia’, organized by the Norwegian African Business Association was held in Oslo, Norway on October 16, 2014. The International Business Forum...
View ArticleAlmeda Textile set to Expand Five-Fold
A group of seventeen high-level machinery manufacturers spent four days in town looking for local agents and customers. During the turnout of the week, a delegation of manufacturers paid a visit to big...
View ArticleEthiopia Names Banks to represent it in International Bond Market
Following the decision to access the international bond market, the Ethiopian government selected the Export-Import (EXIM) Bank of America, Deutsche Bank and Barclays PLC to carry out the bond trade on...
View ArticleEthiopia’s Mining Industry Worth $5bn
Evolving reports on Ethiopia’s economic opportunities suggest that the country could be sitting on a $5 billion mining sector, the full value of which can be realized by tapping into geothermal...
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