Premier discusses with investors, employees at Hawassa Industrial Park
Prime Minister Hailemariam Desalegn held discussion with investors who set up manufacturing facilities in Hawassa Industrial Park. The Prime Minister on the occasion said that the government of...
View ArticleGSHM to manage Ethiopian Airlines hotel
Province of China, is to manage an Ethiopian Airlines 4 star hotel that is currently under construction. The statement was made to Xinhua on Monday June 18, 2017 by Wang Wenhui, Vice General Manager of...
View ArticleEthiopian wins SKYTRAX World Airline Award for Best Airline in Africa
Africa’s largest airline group, Ethiopian Airlines, announced that it has won SKYTRAX World Airline Award for The Best Airlines in Africa on June 20, 2017 at the Paris Air Show. Skytrax is the most...
View ArticleIndustry Park in Ethiopia to Acquire ZLD Solution
Ethiopia’s government concluded a Memorandum of Understanding (MoU) with Arvind Envisol, water Management Company, in the aim of building Zero Liquid Discharge (ZLD) solutions for the country’s...
View ArticleFiorano Introduces Its Solutions to Ethiopian Bankers
Fiorano, a Silicon Valley United States headquartered technology company, introduced its advanced banking solutions to representatives of banks in Ethiopia on Wednesday June 21, 2017 at the Sheraton...
View ArticleOromia plans Oil Company to address youth unemployment
The Oromia regional state is planning a new private oil company and is in talks to import Middle Eastern crude, part of an economic initiative authorities say will address youth unemployment. Oromia...
View ArticleChinese-led Project to Turn Ethiopia’s Biggest Dump into Economic Driver
A Chinese-led waste-to-energy project will start generating power in September. Ethiopia’s biggest garbage dump, which will help fuel the country’s rapidly growing economy. The Reppi Waste-to-Energy...
View ArticleThe Closest Look Yet at Chinese Economic Engagement in Africa
In two decades, China has become Africa’s most important economic partner. Across trade, investment, infrastructure financing, and aid, no other country has such depth and breadth of engagement in...
View ArticleTourism & Hospitality Playing a Key Role in African Economies’ Growth
Ethiopia, Tanzania, and Djibouti are the African countries among the 10 fastest growing economies globally in 2017. This is according to a data-shot by Infinite Potentials Consulting (IPC), a...
View ArticleEthiopia to Start Exporting Sugar to Kenya Next Year
Sugar Corporation disclosed it will start exporting sugar to Kenya by the coming fiscal year. This is in accordance to the long standing plan Ethiopia had to export sugar and generate foreign currency....
View ArticleEthiopia to Allow Private Railway Companies
Draft law which aims at allowing private investors to engage in railway transportation service has been prepared, according to the Reporter. If passed by the law maker, the draft bill, dubbed Railway...
View ArticleEuropean Investment Bank to Introduce Private Sector Leasing, Lending...
The vice president of the European Investment Bank, Pim van Ballekom, is expected to arrive Addis Ababa for the launching of a new private sector leasing and lending initiative in Ethiopia. The...
View ArticleKifiya works with MasterCard to Launch First International Remit to Pay...
MasterCard and digital service provider Kifiya have partnered to introduce a simple, secure and convenient digital solution that will ultimately allow citizens to pay for all bills in one location in...
View ArticleEthiopian Inaugurates State of the Art Cargo Terminal
Ethiopian Airlines inaugurated today June 29, 2017 largest cargo and logistics service in Africa, a state of-the art cargo terminal-II built at a cost of 110 million Euros. The inauguration ceremony...
View ArticleAfrican Union Designates Specialized Agency on Capacity Development
Development management in Africa have been bolstered following the formal endorsement of the African Capacity Building Foundation (ACBF) as the African Union’s Specialized Agency for Capacity...
View ArticleEthiopia Moving to a Digital Development
Exhibitors who participate in the first ICT EXPO said digitalization is crucial for Ethiopia to realize its development targets. The participants told The Ethiopian Herald that it is difficult to think...
View ArticleEconomic Report on Africa Focuses on Urban and Industrial Development Links
Governments need to make a deliberate effort to create links between urban and industrial development in the context of their national development, it was stated at the launch of the 2017 Economic...
View ArticleHorizon Plantations undertake over 1Billion Birr Expansion
Horizon Plantations Plc has undertaken expansion works at a cost of 1.1 billion birr, according to the Ministry of Public Enterprises. The Company, which was privatized five years ago, has created...
View ArticleEthiopia signs Bilateral Agreements with China as Belt and Road Takes Shape
The one belt one road forum for International Development (BRF) held in Beijing from is already making a difference for Ethiopia as three bilateral agreements with the Chinese government were...
View ArticleJapanese Giant NEC Entering Telecom Fray
Nippon Electric Company, Ltd. (NEC) has become the latest firm bidding Ethio Telecom’s multi-billion birr demand-based expansion project, The coming to the scene of the Japanese firm brings to the fray...
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