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Ethiopia – Addis Djibouti Railway Benefits All

Soon, Addis Djibouti Railway will be formally put into operation. It is a joint effort of Ethiopia, Djibouti and China. For well over 13 months, tens of thousands technicians and workers from the three...

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Ethiopia among Top Ten Travel Destinations you cannot afford to miss in 2017

Ethiopia is categorized among top ten travel destinations that tourists cannot afford to miss in 2017, lonely planet reported. Ethiopia the land of Origins, with its own calendar, , timekeeping,...

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Untangling Ethiopia’s Export Mixed Bag

Ethiopia has around 128 destinations for its exports, which can be classified into three major categories: Agriculture constitutes 74.5pc of the total export earnings, with 2.2 Billion dollars earned...

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Ethiopian Petroleum Supply Enterprise Invites Companies to Supply Fuel

The Ethiopian Petroleum Supply Enterprise (EPSE) has floated an open international tender inviting companies for the supply of petroleum products to the country in 2017. The enterprise wants to buy one...

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A Forum on “Doing Business with Ethiopia” held in Nordic Countries

A 20-member Ethiopian women business delegation led by First Lady Roman Tesfaye visited Sweden and Finland from 17-21, October 2016. The delegation promoted Ethiopia’s export products (textile, leather...

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Chain Hotels Eyeing Ethiopia’s Untapped Hotel Industry

Although Ethiopia has ample potentials for tourism and hospitality industry, it’s yet to benefit from its untapped tourism industry. Insufficient finance to the industry coupled with few numbers of...

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How Ethiopia’s Major Growth Sets A New Standard For Africa

When the Ethio-Djibouti railway service was officially launched, it set a new standard for railway journeys in Africa. It is Africa’s first electric railway, constructed by the China Railway Group and...

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Ethiopia’s Long Distance Train to Expand Its Tourism and Market

Transport system affects every industry and tourism is no exception if not the most affected by inefficient transport facilities. Dependable transport infrastructure which is operating at full...

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Agriculture – Vehicle for Economic Transformation

One key element for achieving sustainable development is the ability to broaden the source of growth as well as transforming and diversifying structural basis of an economy. Scholars agree that for an...

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Trends of Competition in the Travel Industry

The Tourism and travel industry has been going through drastic transformation, due to technological advancements and digital tools which have brought travel packages online and accessible more than...

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Boosting Technology for Impressive Manufacturing Growth

Manufacturing is instrumental for the development of the national economy. The nation has registered impressive growth from export market in the past few years. Looking from a closer, the structure of...

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World Bank to Enhance Addis Economic Development

World Bank envisages to speed up development endeavor in Addis. The World Bank announced that it has proposed a program to support Addis Ababa’s development endeavor in various aspects. The development...

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Ethio-Cuba Business Forum takes place in Havana

The first Ethio-Cuban Business Forum was held in Habana, Cuba on October 31, 2016 on the margin of the Havana International Trade and Investment Fair. Ethiopian delegation led by Regasa kifle, State...

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Ethiopia sprints ahead from 103rd to 66th largest economy in the world

According to a report in the Financial Times, in 2020, Ethiopia is set to be the 66th world largest economy, up from 103rd in 2005, overtaking countries like Kenya, Guatemala, and Bulgaria. Ethiopia’s...

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Ethiopia, Algeria to set up business council to boost partnership

Ethio-Algeria Business Council will be set up in early 2017 in order to boost economic exchanges and partnership in various areas, said representative of the Algerian Chamber of Commerce and Industry...

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Chinese Vice President to visit Ethiopia

Chinese Vice President Li Yuanchao will visit Ethiopia next week, the Ministry of Foreign Affairs (MoFA) said. During his visit, the Vice President is expected to discuss with Ethiopia’s high level...

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Unleashing National Parks’ Tourism Potential

This time animal and bird species are migrating long from their previous tranquil habitat. The flora is also downsizing from time to time. This tragic unfolding is highly attributed to the risky impact...

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Biogas and Solar – Alternative Energy Source Focuses

Ethiopia meets much of its energy demands from hydroelectric sources these days. Though 45,000 MW of hydro power potential under use at the moment, the demand for energy is increasing at a high rate....

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Ethiopia- Algeria to set up business council to boost partnership

Ethio-Algeria Business Council will be set up in early 2017 in order to boost economic exchanges and partnership in various areas, said representative of the Algerian Chamber of Commerce and Industry...

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Turkish company to acquire 75% of Sugar Corporation in Ethiopia

Bedisa Group, a Turkish giant established half a century ago, is negotiating to acquire 75 percent of a sugar project in Ethiopia at an outlay of a little over 1 billion USD. The sugar project is Beles...

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