Ethiopia Drafting Framework for Public-Private Partnerships
The government is preparing a legal and policy framework to expand the implementation of public-private partnerships (PPP). The minister of the recently restructured Ministry of Finance and Economic...
View Article4 Public Enterprises Out for Privatization
Ministry of Public Enterprises is set to privatize 4 public enterprises operating in Ethiopia: Bahir Dar Textile S.C., Kombolcha Textile S.C., National Tobacco Enterprise S.C. and Ethiopian Crown Cork...
View ArticleAgency Quits Offering Land for Large Scale Agricultural Investments
The Ethiopian Agriculture Investment and Land Administration Agency (EAILAA) has given up offering land for large scale agricultural investments for an unspecified time. The agency made the decision...
View ArticleDBE Pauses Lending to Farmers
The Development Bank of Ethiopia (DBE) has stopped providing loans to finance commercial agricultural projects for an undetermined period. The Bank issued a circular at the beginning of the month,...
View ArticleDebunking Africa’s Startup Investing Myths
Every year, the Global Entrepreneurship Congress (GEC) brings together thousands of entrepreneurs, investors, researchers, policy makers and other startup champions from more than 160 countries to...
View ArticleEthiopia’s agricultural sector in a period of historic transformation: ATA
Ethiopia’s agricultural sector is in a period of historic transformation, as it shifts from being subsistence based to market oriented, and is employing modern techniques to make dramatic differences...
View ArticleEthiopia: The biggest recipient of Turkish direct investment in Africa
Ethiopia Africa’s top investment destination for Turkey. The Turkish ambassador to Ethiopia had disclosed that Ethiopia remains the biggest recipient of Turkish direct investment in Africa. The US$1.5...
View ArticleAddis to Have Three New Commercial Radio Stations
Only three commercial radio frequencies in Addis Ababa, of the six that were up for grabs by the Ethiopian Broadcast Authority (EBA), have been awarded to the businesses that offered for them. One Love...
View ArticleOmani firms expect business deals at exhibition in Ethiopia
Omani companies taking part in the Omani Products Exhibition (OPEX) 2016, scheduled to take place in the Ethiopian capital Addis Ababa from April 11 to 14, have high potential to sign contracts with...
View ArticleEthiopia set to sell Potash within the Coming Four Years
Ethiopia set to sell its potash resource in the global market within the coming four years, the country’s Ministry of Mines, Petroleum and Natural Gas said on Monday. Studies showed the existence of...
View ArticleTAF Makes Near 25m Br Deal to Acquire ERP Solution
Teklebrehan Amabye & Family (TAF), a private conglomerate gaining momentum as a dominant local company, has signed a contract with a local IT firm, Fairfax Technologies PLC, to acquire a Systems,...
View ArticleForum discusses about financing Africa’s Pharmaceutical industry
A high-level panel discussion on the theme “unleashing the potential of pharmaceuticals in the socio-economic transformation of Africa”, opens in Addis Ababa, Ethiopia on Sunday (April 3, 2016)....
View ArticleTrade shocks hit Africa as int’l buyers decrease – ECA
The United Nations Economic Commission for Africa (UNECA) says Africa continues to be highly exposed to volatility and trade shocks as a result of its dependency on imports and resilience on commodity...
View ArticleEthiopia’s Inflation falls to 7.5 from 8.9%
Ethiopia’s inflation fell to 7.5 year-on-year in March from a revised 8.9 percent the previous month, the statistics office said on Monday. Food inflation slowed to 7.3 percent in March from 9.2...
View ArticleEthiopian Trading Businesses Corporation established with over 3.8 bln birr...
Ethiopian Trading Businesses Corporation (ETBC) was established with more than 3.8 billion birr capital after the merger of four public enterprises. The establishment of the Corporation helps to...
View ArticleItalian Financial Firm to Fund Construction of 2,000 MW Dam in Ethiopia
Ethiopia has announced the construction of a 2,000 MW capacity dam, which would be funded by an Italian credit firm. Ethiopia’s Prime Minister Hailemariam Desalegn announced the deal for the dam named...
View ArticleDangote to expand investment in Ethiopia
The richest African business tycoon, Aliko Dangote, is set to boost his investment in Ethiopia, it was learnt. In a letter written to the Ethiopian government recently, Aliko Dangote, chairman of the...
View ArticleEthiopia Agreed to Use Berbera Port
Ethiopia signed a deal to boost trade through Somaliland’s Berbera port amid congestion at a facility in neighboring Djibouti. Tariffs have been revised and a committee established to manage joint...
View ArticleEthiopian Leather Industry Attracts Foreign Entrepreneurs
Ethiopia was the leading economy on the post-China manufacturing model in Africa, and has been aggressively attracting foreign direct investment in garment and leather manufacturing. Global brands from...
View ArticleEthio-Djibouti line boosts industrialization of Ethiopia
Soon after unveiling the first urban light railway in sub-Saharan Africa, Ethiopia accelerated the progress of its flagship project, a 700 km railway linking its capital Addis Ababa to the port of...
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