Beer Distribution’s Competitive Edge
“It is not like the old time,” said Mekdes Zerabza, manager of Waakan Hotel while describing how breweries are performing now in terms of distributing their products. Her hotel, established two years...
View ArticleEthiopia Launches First Air Ambulance Transport Service
East African Aviation, a private company, has inaugurated Ethiopia’s first ambulance transportation service. The Company owned by Captain Mulat Lemlemayehu, a former commercial pilot at the Ethiopian...
View ArticleEthiopia set to host the 2016 Pan-African Executives Summit
The 2016 Pan-African Executive Summit-one of Africa’s most ‘unique and high which draws Business leaders from 35 countries across Africa and all around the globe is set to convene in Addis Ababa,...
View ArticleEgyptian Elsewedy Electric to Invest in Ethiopia
The Egyptian cable maker company called Elsewedy Electric Group is set to establish industrial zone in Ethiopia within the upcoming two years. This was stated at the African International Business...
View ArticleExport Abattoir Goes Operational
Export abattoir built by nine Ethiopian Diasporas in Somali State has gone operational. The abattoir, whose capital investment is 172 million Birr, has the capacity to slaughter 2000 cattle per day....
View ArticleWorking Towards Effective Utilization of Diaspora Engagement Policies
Around two million or more Ethiopians and foreign nationals of Ethiopian origin are believed to be residing in foreign countries. Directly or indirectly, through the remittances which they are sending...
View ArticleEthiopia’s Inflation Falls to 8.7%
Ethiopian Statistics Agency (ESA) announced Ethiopia’s year-on-year inflation had declined from 10.2 percent to 8.7 percent in February. ESA noted there was a slight decline regarding the price of...
View ArticleBuilding Economic Dynamism
On a visit to Addis Ababa five or six years ago, I heard the name of Arkebe Oqubay. He was being widely praised for, as mayor, transforming the capital of Ethiopia – in much the same way as Babatunde...
View ArticleSpain to Strengthen Ethiopia Business Partnership
Spain yesterday expressed readiness to strengthen business partnership creating better business climate with Ethiopia. The Spanish Institute for Trade Promotion (ICEX) jointly with Spanish Embassy have...
View ArticleEgyptian Company to Expand Activities in Ethiopia
Egypt’s agri-business leader Wadi Group targets expanding activities in Ethiopian poultry sector within the upcoming period through establishing fattening farms and other related facilities, CEO Tony...
View ArticleGreat Abyssinia to Expand Facility
Great Abyssinia announced it would invest more than 500 million Birr in the aim of expanding its existing production facilities of soft drinks as well as juice beverages in Ethiopia. The existing...
View ArticleThe 4th International Coffee Conference in Ethiopia Kicks Off
The 4th International Coffee Conference kicked off Monday in Addis Ababa, Ethiopia, at the United Nations Conference Center under the theme “Nurturing Coffee and Diversity.”The Conference attracted...
View ArticleFoam Mattress’ Growing Business
Bahru Jemal, deputy manager of Feleke Trading PLC which is a manufacturer of Hamad foam relates the edible bread with the inedible foam when he tries to explain the manufacturing of foam. Just like a...
View ArticleHeavy Truck Assembly Inaugurated
A heavy truck assembly plant, established in Meqelle town, Tigray Regional State, by Mesfin Industrial Engineering Plc in partnership with MAN Truck & Bus AG Company of Germany, was inaugurated on...
View ArticleAlmeda Completes 86m Br Expansion
Almeda Textile Factory has finalized its 86 million Br expansion that took place over the past six months in a bid to increase its fabric production capacity by 100pc. The expansion is the first of...
View ArticleAddis-Adama Expressway Bagged 78 Million Birr
Ethiopia’s first expressway, Addis Ababa – Adama Expressway, generated 78 million Birr income during the first six months of the current fiscal year. According to the Tewodros Asrat, Finance Team...
View ArticleOmani Products Exhibition to Be Held in Ethiopia’s Capital
Omani Products Exhibition (OPEX-2016) will be held in Addis Ababa, the first venue outside of the Middle East to host OPEX, in the middle of next month. According to a press release sent to ENA, 100...
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The Rise of Private Equity in East Africa
According to the African Private Equity and Venture Capital Association, there were reportedly 158 private equity transactions in the East African region between 2007 and 2014, totaling approximately...
View ArticleIndustrialization a must to Transform African Economies
The Economic Commission for Africa (ECA)’s Executive Secretary of Carlos Lopes said that although Africa has experienced unprecedented growth over the past decade, the continent remains home to the...
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Top 3 sectors transforming Ethiopia
Rail Transport Construction in Ethiopia Ethiopia has lately operated the first metro (light rail transit) in Sub-Saharan Africa that covers 31.6 KMs which also have the capacity of transporting...
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