Exhibition on Livestock, Poultry, Meat, Dairy, Feed
The Ethiopian Meat & Dairy Industry Development Institute is hosting its annual African Livestock Exhibition and Ethio Poultry Expo from January 22-24 at the Millennium Hall.Associations of...
View ArticleAddis Pharmaceutical Signs U.S. $42 Million Agreement
Addis Pharmaceutical Factory (APF) signed a 42 million dollar partnership agreement with 54 Capital Ltd., a UK-based asset management equity firm, which has investments in different countries in...
View ArticleThe U.S. is Committed to Investing in Africa
The Obama administration aims to strengthen commercial ties with Africa; this is reaffirmed by the U.S. Secretary of Commerce, Penny Pritzker visit to Nigeria where the launch of the second edition of...
View ArticleStudy Shows Ethiopia has Potential to Generate over 10,000 MW Geothermal Power
Ethiopia has a potential to generate over 10,000 MW from geothermal power, according to a study conducted by the Geological Survey of Ethiopia (GSE). Tamiru Mersha, Public Relations and Communication...
View ArticleTourism Supporting Ethiopia’s Economy
Currently, conference on tourism is coming into the spotlight around the globe. It’s regarded as essential part of tourism that brings significant return. All countries of the world are making an...
View ArticleNew Mobile Applications for Government Offices
The Ministry of Communication & Information Technology (MCIT) is to launch in a month, 20 mobile applications (apps) for 20 government offices, which it has been working on since September, 2015....
View ArticleEthiopia Aspires to Attract More Turkish Investors in Manufacturing Sector
The Ethiopian Investment Commission (EIC) said it has plans to attract more Turkish investors in the government’s priority areas. EIC Deputy Director General Mohammed Seyed in an exclusive interview...
View ArticleQatari Company to Invest in Hotel Business
The Premier assured the delegation that the City Administration will provide the Group with land at strategic place. The Qatari Ezedan Holding Group with an estimated capital of 8.5 billion USD...
View ArticleSchulz Completes Acquisition of 45% Stake in Family Milk
Schulze Global Investments (SGI) has invested three to seven million dollars in a local milk processing company, MB PLC, for a 45pc share of the company. The deal is a package which also includes a new...
View ArticleAfrica’s role in the Fourth Industrial Revolution
As global leaders met at the World Economic Forum Annual Meeting, the focus was on how the Fourth Industrial Revolution can deliver jobs and economic prosperity for all people across the world. For the...
View ArticleEthiopia tourism’s 2020 vision
The tide is turning for Ethiopia’s tourism industry, as the Ethiopian Ministry of Culture and Tourism recently announced it aims to triple the number of foreign visitors, to more than 2.5 million, by...
View ArticleFall in oil prices presents opportunity for African agriculture
Food security has become a global concern. In most developed markets farming yields have been maximized and there is no great untapped agricultural areas left. On the other hand, some industrializing...
View ArticleAfrica premiere for Massey Ferguson’s Farm Mechanization Package
AGCO, a worldwide manufacturer and distributor of agricultural equipment is showcasing its new Massey Ferguson Farm Mechanization Package at the 10th Biennial US-Africa Business Summit in Addis Ababa,...
View ArticleERCA working to expand e-Tax system
As part of the efforts to modernize the tax system, works are underway to expand e-Tax (online tax payments) system, the Ethiopian Revenues and Customs Authority (ERCA) said. Berhanu Mamo, Information...
View ArticleEthiopia’s Financial Sector Starts to Open
Ethiopia’s financial sector is set to open, with the government’s new plan to come up with a new policy that will open the market, albeit to a limited extent, to international actors. The move is aimed...
View ArticleThe US-Africa Business Summit Held in Addis
The US-Africa Business Summit is underway in Addis Ababa, Ethiopia on Tuesday as African Heads of State and American business leaders meet with the objective of boosting trade and investment between...
View ArticleEthiopia to Revise Regulations to Boost Foreign Direct Investment
The Ethiopian Investment Commission (EIC) is to revise regulations that slow down the flow of foreign direct investment (FDI) to the country and implement them soon, Walta Information Center reported....
View ArticleEthiopia’s annual inflation increases to 10.2 percent in January
Ethiopia’s year-on-year inflation edged up to 10.2 percent in January from 10.0 percent in the previous month, the Country’s Central Statistics Agency (CSA) announced on Friday. The 10.2 percent rise...
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Sub-Saharan Africa’s Most and Least Resilient Economies
The past year has been difficult for many markets in Sub-Saharan Africa (SSA). Dramatic currency fluctuations, depressed prices on commodities such as oil and copper, and sluggish demand from China and...
View ArticleUS-Africa Business Summit Concludes
Public Diplomacy and Regional Stability Initiatives News. The US-Africa Business Submit 2016 concluded following deliberations on “African Industrial Revolution.” The10th Biennale US-Africa Summit was...
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