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Addis to host Africa’s First Manufacturing Expo

Africa International Manufacturing Expo, the first of its kind event in Africa, will be held in Addis Ababa, Ethiopia. The event, organized by Habesha Weekly Promotion ltd., the Ministry of Trade and...

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A Modern-Day War of the Roses Plays Out in Africa

In a giant warehouse near Lake Ziway in central Ethiopia, hundreds of women in aprons work at yellow workbenches under the flags of Dutch soccer clubs PSV Eindhoven and Feyenoord, sorting bunches of...

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Africa’s Most Promising Sectors

Energy, financial services and transport are the most promising sectors in Africa during the 2016-2020 period. This is according to a study conducted by the Paris-based consulting firm, Havas Horizon....

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Import Substitution likely to be a Growing Theme

The Ethiopian government is pushing hard to boost the country’s domestic manufacturing sector, and import substitution is likely to be a growing theme over the coming years. Earlier this year, UK-based...

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Ethiopia Plans to Be One of World’s Top Tourism Destinations

Ethiopia is among the oldest independent states with more than 3000 years of history. It also remained independent during the scramble of Africa and the resulting colonization of the continent by...

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Boosting Chinese Investment in Tourism

Ethiopia and China have enjoyed vibrant and exemplary diplomatic relations. Particularly, over the past 25 years bilateral relations between the two countries have developed significantly. The two...

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Netherlands Keen to Diversify Ethiopia Partnership

Ethio-Dutch long-standing and excellent ties have expanded more recently. The newly appointed Dutch Ambassador to Ethiopia Bengt van Loosdrecht said his country is keen to diversify and enhance its...

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Canadian Investors Keen to Engage in Energy, Mining Sectors

Canadian business communities are interested to invest in energy, mining, aerospace, engineering and infrastructural development Ethiopia and Canada discussed to further strengthen their bilateral...

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Why it’s the Right Time to Invest in Ethiopian Hotel Industry?

Growing the number of hotels is part of the plan to make Ethiopia one of the top five tourist destination in Africa While the Ethiopian economy continue enjoying double digit growth, the hospitality...

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Efforts in Tapping Investment Opportunities

Since last fiscal year, Ethiopian investment commission has been under the auspices of the Prime Minister. Currently, the board of the commission is led by the Prime Minister Hailemariam Dessalegn....

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Tapping Alternative Energy Sources

Our country Ethiopia has been registering high economic growth. Its industries and various activities of the economic sector run on utilizing various energy sources. As power is a fundamental issue, a...

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Ethiopia’s Inflation slows to 5.9%

Ethiopia’s inflation slowed to 5.9 percent in August from 6.0 percent the previous month, thanks to a slower rise in non-food prices, official data released on Monday showed. The Central Statistics...

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First Ever Real Estate Conference Kicks Off

The 16th African Real Estate Society (AFRES) Conference was kicked off at the UNECA Conference Center here yesterday. The conference held for the first time in Addis is themed:  “Sustainable...

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Ethio-China Economic, Trade Cooperation Conference held in Addis

Ethio- China (Guangdong) Economic and Trade Cooperation Conference held at Hilton Addis this week. The conference brought together more than 150 outstanding business delegates from China (Guangdong...

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The Seed Transformation Program: Take Your Business to the Next Level

An informational session is being hosted today by Stanford Seed East Africa ​ 8 September, 2016 starting 6pm at the Elily Hotel, Addis Ababa. This session will inform the business community about...

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Ethiopia’s Cheap Electricity Helps Dangote shake up East Africa’s Cement Market

A cheap electricity deal that attracted Africa’s richest man, Aliko Dangote, to set up a cement plant in Ethiopia could have a big impact on the cement market in East Africa as the Adaberga...

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Assessing Financial Inclusion Advances in Sub-Saharan Africa

Advancing inclusive access to and usage of affordable formal financial services within the context of robust consumer protection frameworks is a vital mechanism for achieving broader policy objectives,...

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Cost of Living Dips to 20-Month Low

The cost of living in Ethiopia was cheaper last month than the same time last year, according to the latest report of the Central Statistical Agency (CSA). The Consumer Price Index, a measurement for...

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Ethiopia Eyes Inscribing 14 Heritages on UNESCO List by 2020

Ethiopia targets to have further 14 world heritages on UNESCO list during its second Growth and Transformation Plan GTP-2 period, disclosed the Ministry of Culture and Tourism. Alongside the global...

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Bon Hotel Ethiopia set to Open In 2017 as Demand for Conference Facilities Soars

Africa’s hospitality company Bon Hotels is tapping into the growing demand for hotel and conference facilities in Ethiopia with new hotel set to be launched in the first quarter of 2017. The hotel...

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