Ethiopia’s Use of Bamboo as an Element in the Country’s Green Development
The 9th International Network for Bamboo and Rattan (INBAR) Council Meeting opened on Tuesday(November 4) in Addis Ababa. State Minister of Agriculture, Sileshi Getahun, told the meeting that Ethiopia...
View ArticleSouth African Investors See Ethiopia as a Favorable Investment Destination
A symposium on the theme of “Doing Business in Ethiopia” was held in Johannesburg, South Africa on Thursday last week (October 30). Organized by Mail and Guardian in collaboration with the Ethiopian...
View Article‘ALLE’ Plans to Supply 354 Mln Birr worth of Goods to Retailers
Alle, a wholesale enterprise established to provide goods at a competitive prices to retailers, plans to supply consumer goods worth 354 million birr this Ethiopian budget year. The enterprise is set...
View ArticleCoffee Conference aims to Boost Quality, Produce
On Thursday November 6, 2014 the Ethiopian Coffee Exporters Association (ECEA) held its third international conference, amidst dissatisfaction at the performance of Ethiopian coffee exports. In...
View ArticleDalol begins Supplying Coal, Pet Coke
Dalol Oil SC, which is one of the four Ethiopian owned oil companies, announced that it will begin supplying alternative energy products for the manufacturing sector. The company that began operating...
View ArticleFitch Affirms Ethiopia at ‘B’; Outlook Stable
Fitch Ratings has affirmed Ethiopia’s Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘B’. The Outlooks on the Long-term IDRs are Stable. The Country Ceiling and the Short-term...
View ArticleEthiopia Fights for Tourism Dollar
When Scottish explorer James Bruce published a five-volume work in 1790 about his search in Ethiopia for the source of the Nile, European readers dismissed his account of ancient churches and castles –...
View ArticleOver 100 Chinese Enterprises Participated in Expo in Ethiopia
More than 100 Chinese companies participated in an expo dubbed 2014 (Africa) China Commodities, Technology & Services Expo displaying Chinese products in Ethiopia’s capital Addis Ababa. The Expo...
View ArticleNation Working to Expand Pulses, Oil Seeds Market Linkages
The Ethiopian Pulses, Oil-seeds and Spices Processors-Exporters Association (EPOSPEA) said it is aggressively working to expand and create new market linkages for pulses, oil-seeds and spices. This was...
View ArticleASCOM Mining in negotiations to secure mining license
A multinational mining company engaged in gold exploration projects in western part of Ethiopia, Ascom Mining Ethiopia PLC, is holding talks with the Ethiopian Ministry of Mines to secure a large-scale...
View ArticleNation eyes to earn 371 Million USD from Horticulture Exports
The Senior Communication Expert with the Ethiopian Horticulture Development Agency Mekonnen Hailu said last Sunday that Ethiopia was intending to expand the revenue from the export of horticulture...
View ArticleAfrican Economy to Grow 50% by 2019 on Demand Jump, Deloitte Says
Africa’s gross domestic product may expand by 50 percent to $3.7 trillion by 2019, boosted by an emerging middle class and increased household demand, according to Deloitte. “Rising consumer demand,...
View ArticleSesame Exporters warned of Price Speculations
The price of sesame dropped to USD 500 from 1,200 per ton in one month. Following the turn of events, exporters have been hesitant to supply, preferring to wait for the price to improve. However, for...
View ArticleUSAID grants $350,000 to a Milk Processing Factory in Ethiopia
The United States Agency for International Development (USAID) grant $350,000 to a milk processing plant, Berwako Milk Processing PLC, in Jijiga Town of Ethiopia which is expected to benefit 3,000...
View ArticleA Large Industry Zone to be set up in Hawassa
A large industry zone is to be set up in Hawasa town with the view of contributing to making Ethiopia a leading African nation in light manufacturing in the next ten years. To achieve this goal, the...
View ArticleEPFSA Implementing Support Framework to Encourage Local Pharmaceutical...
Ethiopian Pharmaceutical Fund and Supply Agency (EPFSA) said it is implementing a support framework that encourages local pharmaceutical producers and attracts foreign companies to invest in the...
View ArticleFast Moving Consumer Goods (FMCG) at the Top of the Agenda on the 4th...
The 4th Ethiopia CEOs Forum was held yesterday, November 19 at the Sheraton Addis to a full attendance of businessmen and women and representatives of embassies, donor and governmental agencies. The...
View ArticleNumber of Turkish Companies Visiting Ethiopia Increasing
Number of Turkish companies visiting Ethiopia because of their desire in investing in the country has been increasing, Ethiopian Ambassador to Turkey Ayalew Gobeze announced. In an exclusive interview...
View ArticleEthiopia Plans Debut Dollar-Bond Joining Ghana, Kenya
Ethiopia plans to sell its first dollar bond as Africa’s fastest-growing economy exploits record demand for the continent’s debt. Ethiopia picked Deutsche Bank AG and JPMorgan Chase & Co. for...
View ArticleCompanies Interested in Engaging in Renewable Energy in Ethiopia
Some companies that are attending the Powering Africa Ethiopia Meeting have shown interest in investing in renewable energy in Ethiopia. Heads of the Chinese company Goldwind International Holdings and...
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