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Addis to host 6th Int’l Conference on Pulses, Oil Seeds

The Ministry of Trade (MoT) has disclosed that an upcoming 6th International Conference on Pulses, Oil Seeds and Spices will widen the opportunity to access foreign markets for the export items. The...

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Chinese investors keen in investing in Ethiopia Official

Chinese investors have shown their keen interest to invest in Ethiopia, said Ethiopian Investment Commission (EIC) head Fitsum Arega on Thursday. The African country in the past three months received...

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Ethio-Djibouti railway set to start carrying goods to Mojo dry port

The Ethio-Djibouti railway, the first standard gauge and fully electrified cross-border railway line in Africa, will begin delivering goods to Ethiopia’s Mojo dry port after four months. It will start...

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German business delegation briefed on Ethiopia’s investment potential

A German business delegation led by Ulrick K. Rieger, deputy head of the department of Internationalization, accompanied by delegates from Bavarian Ministry of Economic Affairs and Media, Energy and...

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Yara International eyes potash mining in Ethiopia

Prime Minister Hailemariam Dessalegn urged the globally respected and widely recognized fertilizer company Yara International to invest in Ethiopia. The premier held talks today with CEO of Yara...

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Ethiopia obtains over $720mln from pulses, oilseeds and spices

Ethiopia has earned 722.4 US million dollars from export of pulses, oilseeds and spices last Ethiopian fiscal year, Ministry of Trade (MoT) revealed. Opening the 6th International Conference on Pulses,...

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Ethiopia to open two Industrial park by February

Ethiopia expects two industrial parks that are currently under construction to be ready for investors by February 2017 namely Kombolcha and Mekele industrial parks. Commenting on this development, the...

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Fertilizer compound to be built with $2.5 billion

The government of Ethiopia in partnership with Morocco-based OCP Group, which specializes in fertilizer manufacturing, is set to build a fertilizer compound at a cost of 2.5 billion US dollars. The...

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IFC expresses interest in funding Ethio-Djibouti fuel pipeline project

The International Finance Corporation, IFC, the investment arm of the World Bank, has expressed interest in financing the planned Ethiopia-Djibouti fuel pipeline project. The South Africa-based...

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Prime Minister Hailemariam, Saudi King Discuss Bilateral Relations

Prime Minister Hailemariam Desalegn met on November 20, 2016 with Saudi king Salman bin Abdulaziz Al Saud in Riyadh, Saudi Arabia. During the meeting, they discussed bilateral relations in all fields...

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Ethiopian receives ‘Airline of the Year Award’ for fifth year in row from AFRAA

Africa’s largest Airline Group, Ethiopian Airlines, said that it has won Airline of the Year Award, for the fifth year in a row, by the African Airlines Association (AFRAA) during its 48th Annual...

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Quality products guarantee hard currency earning

The Ethiopian Conformity Assessment Enterprise said it has been working to increase quality goods and services competitive at local and international markets as it marked November 21 World Quality Day...

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Italy pledges €2.8 million to UNIDO’s leather industry project in Ethiopia

The government of Italy has pledged a 2.8 million Euros in financial assistance to the Technical Assistance Project for the Upgrading of the Ethiopian Leather and Leather Product Industry-Phase2. The...

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India Vows to Import Extra Fine Cotton from Ethiopia

In an effort to satiate increasing demand for extra fine cotton, Indian public sector and the business community leaders have expressed willingness to buy Ethiopia’s high quality cotton variety. During...

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President calls on Moroccan delegation to invest in hospitality

President Mulatu Teshome (PhD) has called on Moroccan deligation that had been led by King, Mohamed Vl, to invest in the hotel industry of Ethiopia. The president, who has met the king and the...

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Turkish firms create 10,000 jobs in Ethiopia

Almost half of the investments coming to Ethiopia are made by Turkish investors, according to Ethiopia’s envoy to Turkey. Ethiopia seeks more Turkish companies to invest as it aims to be a...

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Chinese Company to Supply buses to Ethiopia

The Chinese bus manufacturing firm, Zhongtong Bus Holding Co. Ltd., has finalized preparations to supply latest public transport buses to Ethiopia. Speaking about the company’s decision John Xiang,...

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Giz Launches Industrial Park Training Program

GIZ has launched a new training program for people who will work in Hawassa Industrial Park. The training is part of a 17 million euro program funded by the German government under the umbrella of the...

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Juniper gets nod for $70m glass bottle plant in Ethiopia

Juniper Glass, a subsidiary of American owned Roha Ventures, has received all necessary regulatory approvals for the $70 million factory in Debre Birhan, 130 kilometers from the Ethiopian capital....

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Cheap Labor: Israeli-Ethiopian Trade Reaches New Milestone in Garment...

Israeli clothing manufacturer Bagir Group has shipped its first tailored trouser exports to the U.S. from its new factory in Ethiopia, completing an order for Swedish fashion giant H&M. Bagir plans...

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