Genale Dawa III Power Project Nears Completion
The Ministry of Water, Irrigation and Electricity announced 91 percent completion of Genale Dawa III hydropower project, according to ENA. The project, being built on Genale River at a cost of 451...
View ArticleAsseco Signed Contract worth 1.3 Million USD with INSA
Asseco Poland has started a new project in the African market. It will be carried out in Ethiopia, in collaboration with Information Network Security Agency (INSA), a local entity. The project is...
View ArticlePreparations finalized for 7th edition of Ethiopia’s cities forum
Preparations have been finalized for the 7th edition of Ethiopia’s cities forum to be held April 30-May 6, 2017 in Gondar, Amhara regional state, said the Ministry of Urban Development and...
View ArticleEthiopia – UAE discuss trade, investment, tourism cooperation
Representatives from Ethiopia and the UAE have discussed the means of developing future economic ties to boost levels of trade, promote bilateral investments and encourage the UAE business sector to...
View ArticleWill African Lion Ethiopia sustain fast growth?
Kenyan media outlets have it well covered recently that Ethiopia is about to overtake Kenya and become the leading economy in East Africa. Building on decade-long double-digit growth catalyzed by...
View ArticleEthiopia to establish Pan African University in Adwa
Ethiopian patriots’ victory over Italian colonialists in 1896 at Adwa inspired Africans for independence from colonization. In order to better revere this victory, Ethiopia has started practical steps...
View ArticleEthiopia and South Sudan Strike Link Roads Deal
Ethiopia Prime Minister Hailemariam Desalegn and South Sudanese President Salva Kiir signed several bilateral agreements among them the construction of two major link roads. The two leaders agreed to...
View ArticleGERD’s Capacity Increased to 6450 MW
Grand Ethiopian Renaissance Dam (GERD) installed capacity has been increase by 450 megawatts following improvements made on the design. This increase the dam’s total installed capacity to 6450...
View ArticleAlgerian Company to Construct Factories
Algerian company called, Cevital, concluded a memorandum of understanding (MoU) with the Ministry of Public Enterprises or the construction of 3 factories. The MoU was signed on Friday, February 24,...
View ArticleBanks are beating a path to Ethiopia’s door
Lenders are lining up to establish a presence in Ethiopia, one of Africa’s fastest-growing and most under-banked economies. Now they need the government to let them open their doors. Over the past two...
View ArticleEthio-China cement forum opens
Ethio-China cement forum kicked off in Addis Ababa, Ethiopia on March 8, 2017. Speaking at the opening of the three-day forum, Dr Alemu Sime, State Minister of Industry, said Ethiopia has raised its...
View ArticleEthiopia Manufacturers at Hawassa Industrial Park to Export Their Products
Ethiopian Investment Commission (EIC) disclosed a couple of manufacturers at Hawassa Industrial Park would start to export their products this week for the first time. Commenting on the matter Dr....
View ArticleChinese footwear tycoon set to create 100,000 jobs in Ethiopia
A Chinese manufacturing tycoon plans to bring 100,000 new jobs to Ethiopia, pledging that his company will help the country to become a new international manufacturing hub. “Chinese companies’...
View ArticleAustralian company to introduce solar pumping technology in Ethiopia
Good for Life, an Australian company is to introduce solar pumping technology in Ethiopia. The technology is believed to make Ethiopian farmers beneficiaries by increasing their agricultural...
View ArticleEthiopia-Germany discuss cooperation on energy development
State Minister for Foreign Affairs, Dr. Aklilu Hailemichael met with Stefan Liebing, Chairman of German-Africa Business Association also known as Afrika-Verein today. Through its well-established...
View ArticleNestle Considering to Setup Manufacturing Plant in Ethiopia
Nestle, the global nutrition, health and wellness Company, disclosed it is considering to establish a manufacturing plant in Ethiopia within the coming years. However, final decision for the investment...
View ArticleDoing business in Ethiopia seminar to take place in Amsterdam
The Netherlands-African Business Council (NABC), in cooperation with the Ethiopian Embassy to the Benelux, the Baltic Countries and the EU, will organize a seminar on Doing Business in Ethiopia....
View ArticleGenetically modified cotton comes closer to reality in Ethiopia
BT cotton, which was planted in six parts of the country last July 2016 passed its field trial test and has brought promising results. If it scores well in the next trial it will be used for commercial...
View ArticleMinistry set to exploit full potential of fertilizer blending facilities
As part of a move to meet the increasing demand, the Ministry of Farming and Natural Resource is set to exploit the full potential of fertilizer blending facilities built at a cost of 175 million birr....
View ArticleEthiopia’s Transport Minister meets with UAE Ambassador
Ahmed Shide, Ethiopia’s Minister of Transport has met with Ghazi Abdullah Salem Al Mehri, UAE Ambassador to Ethiopia. Ahmed hailed the UAE’s cultural boom, stressing his country’s desire to enhance...
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