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Contract Farming a risky yet rewarding business

Contract farming is relatively an emerging phenomenon in the Ethiopian agriculture sector. Yet it is the best solution to create linkage between smallholder farmers, markets and firms. According to a...

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Hawassa industrial park to hire 7, 600 people

Preparations have been finalized to hire over 7, 600 people for Hawassa industrial park, which was built in Hawassa town, SNNP regional state, according to trade and industry development bureau of the...

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Ethiopia -Latvia agree to forge economic cooperation

Ethiopia and Latvia have agreed to forge economic cooperation covering a wide range of sectors, including air transport service, educational partnership, forestry and climate change as well as...

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Spanish group CELORRIO to build vegetable canning complex in Ethiopia

The Spanish group CELORRIO will build a vast vegetable canning complex in Ethiopia. This new site will have a production capacity of 80,000 tons. After several years of research in several countries,...

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Ethio-Japan Business Forum opens prospects for network of cooperation

An Ethio-Japan Business Forum which was kicked off April 25, 2017 in Tokyo at JETRO head office opened new prospects for a network of cooperative between the two business communities to give fresh...

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Enterprise, Agents advancing shipping and logistics services

Ethiopian Shipping and Logistics Services Enterprise along with its agents worldwide is upgrading its services to higher quality and standards with new global achievements in covering worldwide ports,...

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Celebrating 10 Years of Service

Precise at 10 Looking back at a decade of service This month, Precise Consult celebrates its 10th year anniversary.  After hundreds successfully delivered engagements, we felt that it is a good time to...

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Ethiopia Host Intergovernmental Panel on Climate Change Meeting

Over 200 experts from about 60 countries are meeting in Addis Ababa, Ethiopia, to draft the outline of the Intergovernmental Panel on Climate Change (IPCC) Sixth Assessment Report (AR6). At the opening...

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Ethiopia Made 4.3 Million USD from Emerald Export

Ethiopia’s emerald export from Oromia and Southern Nations, Nationalities and Peoples’ (SNNP) states for the first 9 months of the current fiscal year brought 4.3 million USD. The news was disclosed by...

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Shangri-La bids for Hilton takeover

Shangri-La Hotels and Resorts potentially want to partner with the government to run the hospitality business in Ethiopia when the current international partner Hilton Worldwide concludes its...

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Addis Received Modern Navigation System

In Ethiopia, getting from one place to another is primarily based on personal knowledge of a location and known landmark names. If unfamiliar with the area, it takes several steps and time to inquire...

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Pizza Hut to open in Addis, will not be sourcing ingredients locally

Pizza Hut, a division of Yum! Brands Inc will be introducing the first US chain restaurant in Ethiopia within the next six months. Pizza Hut signed the agreement with Belayab Foods and Franchises....

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Hedasse Grand Mall Avails Shares with Highest Promoters’ Fee

Hedasse Automotive & Machinery Market S.C availed 2.99 million shares worth three billion Birr for public subscriptions to build a grand mall in Addis Abeba, whose exact location remains...

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Ethiopian delegation participates at 27th World Economic Forum in South Africa

The Ethiopian high-level delegation led by Dr. AkililuHailemichael, State Minister for Foreign Affairs, is taking part at the 27th World Economic Forum on Africa Summit opened in Durban, South Africa...

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Addis Ababa to host IFNA’s partners meeting

The first Partners Meeting of the Initiative for Food and Nutrition Security in Africa (IFNA) will be held from May 18- 19, 2017, in Addis Ababa, Ethiopia. The Initiative was launched by the Japan...

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Ethio-Morocco business forum opens in Rabat

An Ethio-Moroccan Business Forum kicked off in Rabat, Morocco on May 10, 2017.The forum aims to attract more potential Moroccan investors to Ethiopia and lay the foundation for more business relations...

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Using Agriculture and Agribusiness to Bring Industrialization in Africa

No region of the world has ever moved to industrialized economy status without a transformation of the agricultural sector. Agriculture, which contributes 16.2% of the GDP of Africa, and gives some...

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Ethiopia to export power to South Sudan and Somaliland

Ethiopia will export electricity to South Sudan and Somali-land as it brings the Grand Renaissance dam to begin generating electricity. Under its plan of economic integration within the Eastern Africa...

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New Company Joins Ethiopia’s Petroleum Market

New company has joined Ethiopia’s petroleum market to sell and distribute different petroleum products. The company’s name is Gomeju Oil Ethiopia and it owned by Tewodros Yeshiwas and Genet...

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An Epic milestone for apparel made in Ethiopia

The scale of Ethiopia’s ambition to become a world-leading apparel and textile hub is epitomized by the flagship Hawassa Industrial Park, where 60,000 jobs and US$1bn in exports are targeted by the end...

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