Global Meeting on Livestock Opens In Addis Ababa
Livestock specialists from over 50 countries gather in Addis Ababa, Ethiopia, to discuss the positive contribution of livestock to the lives and wellbeing of hundreds of millions of people on the...
View ArticleBelayab Launched KIA Cars
Belayab Motors, one of the car assembling firms in Ethiopia, launched KIA’s Rio and Picanto ‘Tiger Nose” models of sedan vehicles. The vehicles are assembled in Adama City, Oromia State. It was almost...
View ArticleEthiopia leads in hydro-power energy production in Africa
The International Hydro-power Association’s Status Report 2017 indicates that Ethiopia has the largest hydropower capacity in Africa. Recently the country inaugurated the world’s largest hydropower...
View ArticleEthiopian Catering Voted Outstanding Food Service by a Carrier in Africa
Ethiopian Airlines Inflight Catering, the largest single in-flight catering facility in Africa, has won Outstanding Food Service by a Carrier in Africa Awards on PAX International Readership Awards...
View ArticleRoom for growth
President Mulatu Teshome (Phd) met his counterpart Polish President Andrzej Duda during his state visit to Ethiopia aimed at drumming up business with Africa. During their meeting President Mulatu...
View ArticleDusit Thani Resort Coming to Ethiopia
Fretsega Real Estate & Construction has partnered with Dusit International Hotels and Resorts and they are in the final stage of bringing a Dusit Thani resort to Ethiopia, with a 150 million dollar...
View ArticleEthiopia ranks world’s second fastest growing construction market
Ethiopia will be among the top five fastest-growing construction markets globally over the next five years, according to BMI Research. The Horn of Africa country ranks second in the list which is...
View ArticleGeneral Electric inaugurates new office in Ethiopia
General Electric the world’s leading digital industrial company consolidated its footprint in Africa with the official opening of GE Ethiopia new office in Addis Ababa on May 17, 2017. Ethiopian...
View ArticleAfDB to Make Africa’s Food Imports History
The African Development Bank (AfDB) has pledged to make the continent self-sufficient in food production within a decade. AfDB President Akinwumi Adesina made the pledge at a press conference in...
View ArticleChinese Company Inks Pact with Convention Center
The Addis Ababa International Convention and Exhibition Centre (AAICEC) and CGCOC Group Ltd. have signed an agreement for the construction of the long-delayed center’s phase one project at the cost of...
View ArticleDjibouti Vies to Become Africa’s Dubai with New Port
Djibouti, Horn of Africa region’s smallest nation, has inaugurated its largest port in efforts to become the African “Dubai”. On Wednesday May 24, 2017, as part of Djibouti’s ambitions to become a...
View ArticleEthiopia Tipped to be Top Recipient of Private Equity
A UN report has tipped Ethiopia to be the biggest recipient of private equity in eastern Africa, beating Kenya thanks to its friendly business environment and favorable industrial policy. Ethiopia has...
View ArticleEthiopia’s First Engine Manufacturing Plant to Go Operational
Ethiopia’s first engine manufacturing plant dubbed Mekelle Engine Production Factory, found in Tigray State, is set to be operational. The company, which is a state owned, is under the Metal and...
View ArticleSesame to Undergo Similar Reform as Coffee Sector
In a similar vein to coffee, sesame will go through reforms in an attempt to improve sales. Recently the government sat down with investors and came up with recommendations to improve coffee...
View ArticleG7 Invites Ethiopia to Attend Italy Summit
Ethiopia is invited to attend the 43rd Group of Seven (G7) Summit scheduled to take place this week in Taormina, Italy. Prime Minister Hailemariam Desalegn is expected to give a remark at the Summit....
View ArticleEthiopia starts to implement an action plan for using additional ports
Ethiopia has started to implement an action plan for using additional ports of Somaliland and Kenya with a view to use the ports the fullest capacity. Berbera Port of Somaliland has not yet finalized...
View ArticleEthiopia calls for investment from Nepal
African nation, Ethiopia has offered Nepali investors to invest in agro-processing, manufacturing, chemical, pharmaceutical, textile, apparels among others. Ethiopian Ambassador to India Asfaw Dingamo...
View ArticleAddis to Host First Ever ‘Chinese Trade Week’ Show
The first ever ‘ Chinese Trade Week’ will be held in Addis Ababa from 4th-6th of July 2107 at the Intercontinental Hotel. International Events Director, Michelle Meyrick said on the event construction...
View ArticleJapanese Businesspersons Exploring Investment in Ethiopia
President Mulatu Teshome has advised Japanese businesspersons to particularly invest in high tech, agriculture, food and drinks, textile and garments as well as cosmetics. The President held discussion...
View ArticleGlobal Apparel Giants to Launch Production in Hawassa Next Week
Eighteen globally popular textile and apparel companies are to launch production in the first phase of the Hawassa Industrial Park (HIP), scheduled to be inaugurated in the presence of Prime Minister...
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