Turkish Investors Interest in Ethiopia Growing
Turkish companies’ interest in investing in Ethiopia is growing, says the country’s Ambassador to Ethiopia, according to ENA. President Mulatu Teshome held discussion with Turkish business delegation...
View ArticleAuthority inks 7.9 Billion Birr road projects
The Ethiopian Roads Authority (ERA) awarded on March 13, 2017 a 7.9-billion Birr road construction and maintenance projects to six local and foreign contractors. The projects with 468 kilometers of...
View ArticleKorea signs $13m deal with Ethiopia on customs clearance system
South Korea’s customs agency said Monday that it has signed a $13 mln deal with Ethiopia to export an electronic customs clearance system to the African country. Under the deal, South Korea’s...
View ArticleItaly grants 500, 000 Euros to support private sector development
Italy and the IFC of the World Bank Group (WBG) signed an agreement for a financial contribution to the initiative “Promoting and Investing in the Private Sector”, pillar of the “Multi Donor Initiative...
View ArticleStakeholders review Ethio-SHEP project implementation
The Ethio-Smallholder Horticulture Empowerment Promotion (SHEP) high level regional stakeholders meeting was held here on March 22, 2017. SHEP is a project that aims to promote market oriented...
View ArticleMinistry launches new agricultural extension strategy
The Ministry of Agriculture and Natural Resource said the new Agricultural Extension Strategy is believed to speed up the transformation of Ethiopian agriculture. This was disclosed on March 20, 2017...
View ArticleInvesting in Energy Promising Development
In order to meet the rising demand of electricity, Ethiopia has continued cultivating its immense potential of renewable energy sources such as hydro power, wind, solar energy and geothermal energy....
View ArticleCircum to Extract Potash from Ethiopia
Ethiopia’s Council of Ministers gave the permission for Circum Minerals Ltd., a British company, to extract potash in Danakil Depression, Afar State. This made the company the only company engaged in...
View ArticleEthiopian wine Sector Projected to Boom
East Africa’s winery sector is expected to expand rapidly over the next few years. Winery which is a relatively new industry in the region has seen massive growth as a result of demand from China and...
View ArticleSNNP set to Create 600,000 Employment Opportunities
The Southern Nations, Nationalities and People’s (SNNP) regional state is set to create 600,000 jobs for unemployed people.Chief of the regional state, Dese Dalke, said 3 billion birr has been made...
View ArticleDr Workneh Calls for Energy Investment in Africa
The 5th edition of the Africa CEO Forum opened in Geneva, Switzerland on Monday March 20, 2017. An Ethiopian delegation led by Minister of Foreign Affairs Dr. Workneh Gebeyehu is attending the forum....
View ArticleEthio-Greece Bilateral Ties Flourishing
“When I first met President Dr. Mulatu Teshome, I spoke to him that Greeks and Ethiopians are good friends. But, he told me that I was wrong. He said: ‘We are best brothers’.” The remark was made...
View ArticleNile Council of Ministers Holds Extraordinary Meeting in Uganda
The Nile Council of Ministers (Nile-COM), the supreme policy organ of the Nile Basin Initiative (NBI) held an extraordinary meeting in Entebbe, Uganda on March 27, 2017. The purpose of the meeting was...
View ArticleEthiopia to Outsource Construction Management of Planned Railway Projects
Ethiopian Railways Corporation (ERC) is to outsource the construction and management of railway lines that will be constructed in the future for private companies. The Corporation said it had signed a...
View ArticleEthiopia – Zambia sign series of MoUs
Ethiopia and Zambia have signed two agreements in the fields of communication, water resource management and a Memorandum of Understating (MoU) between Zambia Chamber of Commerce and Industry and Addis...
View ArticleNew Chocolate Factory Plans to Use Teff
A new Chocolate factory is expected to launch operations by November later this year in a facility constructed at Tatek Special Industrial Zone in West Shewa, Oromia Regional State. The chocolate...
View ArticleEthiopia – Japan Eye New Areas of Cooperation
Ethiopian State Minister of Foreign Affairs, Dr. Aklilu Hailemikael met with Japanese delegation led by Shinchi Saida, Ambassador of Japan to Ethiopia, at his offices on March 27, 2017. During the...
View ArticleEuropean Union Companies Invest over 60 bln Birr in Ethiopia
The European Union Business Forum in Ethiopia (EUBFE) celebrated its official launching on March 28.2017, following its formal registration as ‘Foreign Investors Association’ under Ethiopian law. The...
View ArticleEthiopia – Egypt keen to Forge Partnership in Institutional Capacity Building
Ethiopia and Egypt expressed their keenness to draw lessons from each other’s Foreign Service institutions to the best end of forging partnerships in educational and cultural fronts thereby enhancing...
View ArticleWorld Bank Approved 150 Million USD Project to Improve Modjo Dry Port
The World Bank’s Executive Board on April 05, 2017 approved a new $150 million project to increase the efficiency of trade logistics in Ethiopia. The project will focus on improving the Mojo Dry Port,...
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