EIC briefs Chinese business Delegation on Ethiopia’s Potential Investment...
The Ethiopian Investment Commission on April 5, 2017 briefed Chinese business delegation on Ethiopia’s potential investment and business opportunities. Speaking at a panel discussion organized by the...
View ArticleMövenpick Hotels & Resorts adds Ethiopia to Development Pipeline with Addis...
Swiss hotel management company, Mövenpick Hotels & Resorts has signed its first hotel in Ethiopia, in the capital Addis Ababa, as its expansion in sub-Saharan Africa gathers pace. Slated to open in...
View ArticleEthiopia Wants Space Program to boost Productivity Industrialization
Ethiopian hopes investment in space science would help boost agricultural productivity, plan cities better and speed up industrialization, according to The Economist. In January the government said it...
View ArticleTanzania Plans to Import 400 MW of Electricity from Ethiopia
Tanzania plans to import 400 megawatts (MW) of electricity from Ethiopia to power its industrial drive, Tanzanian President John Magufuli said on Friday March 31, 2017. Despite reserves of over 57...
View ArticleItaly – UNIDO sign agreement to increase incomes of Ethiopian Coffee Producers
The government of Italy and United Nations Industrial Development Organization (UNIDO) on Monday April 3, 2017 signed a financing agreement to help increase incomes of Ethiopian coffee producers. The...
View ArticleQatari Emir Arrives in Addis for Two day state Visit to Ethiopia
Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar arrived in Addis Ababa on April 10, 2017 for a two-day state-visit to Ethiopia. Upon his arrival at Addis Ababa Bole International, the Emir...
View ArticleEthiopia forecasted to outpace China, India in terms of economic growth
Over the next three years, small emerging economies are forecasted to outpace the likes of China and India in terms of economic growth. In January, the World Bank published its latest biannual Global...
View ArticleAbout 75 foreign investors keen to engage in floriculture in Ethiopia
About 75 foreign investors have showed interest to engage in floriculture in Ethiopia, said the Ethiopian Investment Commission (EIC). In an interview he had with FBC yesterday, Fitsum Arega,...
View ArticleEthio-China Investment Cooperation Forum opens in Addis Ababa
An Ethio-China Investment Cooperation Forum which commenced on April 10, 2017 at Hilton Hotels in Addis Ababa brought together over 60 Ethiopian company representatives and over 30 companies and...
View ArticleEthiopian Concluded Codeshare Agreement with Air Europa
Africa’s largest airline group, Ethiopian Airlines, signed a codeshare agreement with Air Europa, taking effect as of April 11, 2017. The new partnership is a free sale codeshare agreement, thereby...
View ArticleKorean Businesses Urged To Invest In Africa
The African Development bank and Korea’s Busan Metropolitan city urged Korean investors to speed the development of Africa by investing more in the continent. The call was made at the Korea-Africa...
View ArticleEthiopia May Allow Coffee Trade outside ECX
Ethiopian authorities may be opening up the Ethiopian Commodity Exchange (ECX), allowing coffee to be traded outside ECX through which all coffees exported from Ethiopia have passed since 2008,...
View ArticleTwo Petroleum Companies Join Ethiopia’s Fuel Retail Market
Two new petroleum companies, namely Genet Petroleum and Gomechu Petroleum, joined Ethiopia’s market. This took the number of operational fuel companies in Ethiopia to 13. The new companies found their...
View ArticlePreparations Finalized for 6th Tana Forum
Preparations have been finalized to host the 6th Tana High Level Forum on Security in Africa in Bahir Dar town, Amhara regional state, said organizing committee. The annual meeting will take place on...
View ArticleEthiopian Tourism Organization set to Highly Promote Ethiopia’s Tourism...
The Ethiopian Tourism Organization (ETO) is set to highly promote Ethiopia’s tourism potential at home and globally in the remaining fourth quarter of this Ethiopia fiscal year. The Organization has...
View ArticleEthiopia – Canada Agree to Enhance Trade Relations
Prime Minster Hailemariam Dessalegn has urged a Canadian delegation to strengthen engagements in trade and investment in Ethiopia, alongside other prioritized areas. The premier held talks with a...
View ArticleEthiopia Generated 72 Million USD from Meat Export
In the past 9 months of the current fiscal year, Ethiopia earned 72 million USD from the export of meat. This was disclosed by the Ethiopian Meat and Dairy Industry Development Institute (MDIDI)....
View ArticleEthiopia to host Annual East Africa Cement Concrete and Energy Summit
The second Annual East Africa Cement, Concrete and Energy Summit (Annual AE-CCES) will take place on April 19 and 20, 2017, at the UN Conference Center in Addis Ababa, Ethiopia The two-day event will...
View ArticleEthiopia to Attend Belt and Road Forum in Beijing
Ethiopia and Kenya will attend the Belt and Road Forum for International Cooperation (BRF) to be held in Beijing in May, China’s foreign minister Wang Yi said yesterday. According to Wang, Prime...
View ArticleRegional Forum on Sustainable Development set for May in Addis Ababa
The 2017 Africa Regional Forum on Sustainable Development (ARFSD), in preparation for the 2017 High-level Political Forum on Sustainable Development (HLPF), will be held in Addis Ababa from 16-19 May...
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