Ethiopia Purchasing over 11 million quintal of Fertilizer for its 2016-17...
The Ethiopian Agricultural Works Corporation said it is purchasing 11. 4 million quintals of fertilizer at a cost of 9 billion birr for the 2016/17 Ethiopia’s crop production season. The importation of...
View ArticleNational Construction Stakeholders’ Conference Kicks-off in Addis Ababa
A national construction stakeholders’ conference will be held December 22-23, 2016 in Addis Ababa. The conference will focus on the bottlenecks and the challenges facing the construction industry,...
View ArticleEthiopia: Inauguration of Gibe III Will Boost Investment
The Ethiopian Investment Commission (EIC) said the completion of Gibe III hydro-power project with installed power generation capacity of 1,870 MW would boost investment inflow to Ethiopia. The...
View ArticleEthiopia Bids to Become Wind Capital of Africa
After a decade of rapid growth, Ethiopia’s bubble is not bursting. Dubbed the ‘African Lion’ by economists, Ethiopia is the home of booming industry, new infrastructure, and showpiece summits. It has...
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Optimizing Ethiopia’s industrial revolution
This article was originally published in print in Fortune newspaper on December 25, 2016 under the Viewpoint section titled “Why Foreign Investment is Still Flowing in Ethiopia” by Henok Assefa,...
View ArticleUS Company Partners With Defense Construction Enterprises
A United States infrastructure development firm, Legendary MegaCorp, has partnered with the Ethiopian National Defense Construction Enterprise and Construction Materials Manufacturing Enterprise to...
View ArticleFirm to commercialize animal feed and pesticide extracted from abyssinian...
Privatized eight years ago, the Ethiopian Spice Extraction Factory, now owned by a local entrepreneur is set to commercialize animal feed and pesticide extracted from a toxic plant seed technically...
View ArticleEthiopia’s Ag imports continue growing
Ethiopia’s agriculture imports reached $1.8 billion in 2015, according to official Ethiopian trade statistics. Future imports are expected to increase as the country’s economy and population continue...
View ArticleBangladesh firms to invest in Ethiopian apparel sector
Bangladesh investors are keen to invest in the apparel sector of Ethiopia as it has easily trainable workforce, great climate and facilities like electricity and good road networks, said Bangladesh...
View ArticleSaudi, Indian investors eye power generation, livestock investments in Ethiopia
Saudi and Indian investors have shown interest to engage in Ethiopia in power generation and livestock investments. In an interview with FBC, representative of the Saudi electricity company and...
View ArticleEthio-Turkish Business Investment Forum held in Addis
The 7th Ethio-Turkish Business and Investment Forum kicked off in Addis Ababa [this week]. High level government officials, including Dr Workneh Gebeyehu, Minister of Foreign Affairs, Ahmed Abitew,...
View ArticleAlgerians Keen to Invest In Ethiopia
Algerian investors are desirous of tapping the enabling investment climate which Ethiopia has created. This was so said during Ethio-Algerian Business Forum co-organized by the Ethiopian Embassy in...
View ArticleFarmers’ technology demand growing: Society
We need to build the capacity of farmers and extension workers The Ethiopian Society of Rural Development and Agricultural Extension said farmers’ demand for improved agricultural technologies is...
View ArticleEthiopia working on launching carrier rocket
The Ministry of Science and Technology said Ethiopia is building a medium sized satellite launching rocket that would come to fruition within the next three years. Ministry Public Relations Director...
View ArticleGovernment Plans Industrial Park for Pharmaceuticals
Ethiopian officials have disclosed their plan to establish industrial parks dedicated to the pharmaceuticals industry during a closed meeting held at the Hilton Hotel with local pharmaceutical...
View ArticleJigjiga modern abattoir begins meat export to UAE
A modern slaughterhouse built in Jigjiga town, Ethiopian Somali regional state, has begun exporting meat to the United Arab Emirates (UAE). The abattoir began export of quality lamb and goat meat last...
View ArticleEthiopia Harvested 3.2 Million Quintals of Coffee from SNNP
Ethiopia harvested 3.2 million quintals of coffee from Southern Nations, Nationalities and Peoples’ State (SNNP). Such was disclosed by Coffee, Tea and Spices Authority. According to Executive Director...
View ArticleEverest’s plant in Ethiopia scheduled to start operation in first half of 2017
Everest Textile Co, which makes fabrics and garments, yesterday said two new plants in Ethiopia and the US are scheduled to start operations in the first half of this year. The plant in Ethiopia is to...
View ArticleEthiopia Generated 872 Million USD from Tourism in 3 Months
Ministry of Culture and Tourism disclosed, Ethiopia earned around 872 million USD exclusively from foreign tourist flows during the first 3 months of the current fiscal year. Speaking to the members of...
View ArticleWhy Ethio-Djibouti electric railway matters to Beijing and Africa
The 750km line, which began trial services last October and was launched on 10th of January, 2017, seen as important milestone in Beijing’s growing presence and influence in Africa. A 3.4 billion US...
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