Multinationals Keen on Ethiopia’s Textile Industry
Multinational textile companies are increasingly pitching their tent in Ethiopia, Africa’s second most populous nation. This week, BDL Group, a Bangladeshi company announced a $30 million (765 Million...
View ArticleNumber of Foreign Investors Grows by Threefold
The number of investors interested to start business and investment in Ethiopia has grown by threefold during the past two years, the Ministry of Foreign Affairs said. Some 365 investors visited...
View ArticleEthiopia to host Powering Africa Summit
Addis Ababa is set to host powering Africa summit, the annual platform for European financiers and developers to connect with Ethiopia’s government and energy ministries, from November 21-22, 2014. The...
View ArticleMeetings Connect 100 Ethiopian Businesses, Potential Investors
The U.S. government, through the United States Agency for International Development (USAID’s) Agricultural Growth Program-Livestock Market Development project (AGP-LMD), Tuesday held the fourth of four...
View ArticleEthiopia to Generate 300 MW Solar Energy
The Ethiopian Electric Power headed by Engineer Azeb Asnake signed on Oct.14 a Memorandum of Understanding (MoU) with a US-based company Green Technology Africa Inc. (GTA) to generate 300 megawatts of...
View ArticleBiosafety amendment to ease restriction on controversial GMO Import
A Biosafety Proclamation amendment, which seeks to lessen the restriction on the contentious issue of importation of Genetically Modified Organisms (GMOs), was tabled before parliament on Thursday,...
View ArticleEthio-Turkish Businesswomen to Strengthen Business Ties
The first-ever delegation of businesswomen from Turkey visited and held business meetings for three days in the capital, starting on Thursday. The meetings have been organized by the first lady, Roman...
View ArticleThe 4th Ethiopia CEOs Breakfast Forum
The CEOs Forum is a members-only club that brings together influential CEOs of leading Ethiopian businesses with government officials and international development agencies. The goal of the forum is to...
View ArticleThe Next Shirt You Buy May Say ‘Made In Ethiopia.’ Here’s Why
“Made in China” may be leaving your wardrobe As labor costs in the “world’s factory” continue to rise dramatically, global fashion brands are looking elsewhere to source apparel. In addition to...
View ArticleEthiopia’s GDP reaches 1.5 Trillion Birr
The Ministry of Finance and Economic Development has announced that Ethiopia’s Gross Domestic Product (GDP) has reached 1.5 trillion birr, and registered an estimated 10.3 percent economic growth last...
View ArticleOilseeds, Chat Revenue Grow by 10, 8 Fold
The export earnings from oilseeds and chat grew by 10 and 8 fold respectively during the Growth and Transformation Plan (GTP) period, the Ministry of Trade said. The revenue the nation earned from...
View ArticleImproving Industries’ Production Capacity, involvement of Local Companies...
The Ministry of Industry said it has given priority to improve the production capacity of industries and improve involvement of local companies in the sector during this fiscal year. Efforts being...
View ArticleMiddle East Investment Increasing
Investment flow from Middle East countries has increased over the past four years, the Ethiopian Investment Commission said Middle East FDI which was low before the beginning of the Growth and...
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Nutri-Dense
Nutri-Dense was established by Mrs. Alemstehay Greiling with the aim of contributing towards a lasting solution of malnourished children and diabetic patients through the supply of nutritious products....
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Nutri-Dense
Nutri-Dense was established by Mrs. Alemstehay Greiling with the aim of contributing towards a lasting solution of malnourished children and diabetic patients through the supply of nutritious products....
View ArticleCompany Inaugurates First Ever Agri-Food Laboratory
BLESS Agri Food Laboratory Services PLC launched first ever agricultural products and food testing laboratory. The laboratory is helpful in facilitating the country’s export and making the country more...
View ArticleInnovation, Technology-Oriented Economy said Key to Africa’s Transformation
The African Economic Conference is underway with the theme: “Knowledge and Innovation for Africa’s Transformation’ at United Nations Conference Hall here. The conference is co-organized by the Economic...
View ArticleInternational Conference on Bamboo to be held in Addis Ababa
An international conference on Ethiopia’s bamboo would be held in Addis Ababa on November 5, 2014, according to the Ministry of Agriculture. The conference is jointly organized by the Chinese based...
View ArticleEthiopia and Ireland Signed Agreements on Transport and Trade
President of Ireland Michael D Higgins has witnessed the signing of three significant bilateral treaties between Ireland and Ethiopia. The three agreements were signed this morning by minister of state...
View ArticleGreen Fuel Solution announce plan to operate in Ethiopia
Green Fuel Solution, a US-based company, announced plan to generate clean and renewable energy from solid waste in Ethiopia. While discussing with Ethiopia’s President Mulatu Teshome here today,...
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