Africa Hotel Expansion Summit coming to Ethiopia next month
The Fifth Annual Africa Hotel Expansion Summit, scheduled to take place in Addis Ababa late February, is expected to attract key tourism industry from Africa and other partners from around the world,...
View ArticleEthiopian coffees triumph at Good Food Awards
As Ethiopia’s coffee export grows to the tune of over USD one billion, according to the Ethiopian Coffee and Tea Development and Marketing Authority, Ethiopian coffees have once again dominated the...
View ArticleThis is why Africa needs to look to its rural areas
Rural areas are poised to be a significant economic driver in developing countries. According to the latest 2017 State of Food and Agriculture report by the UN’s Food and Agriculture Organization...
View ArticleTop 6 Factors not to Ignore When Investing in Africa
Foreign investors are increasingly becoming aware of the tremendous potential and financial reward the African continent offers. Foreign Direct Investments (FDI’s) deliver a number of important...
View ArticleDiasporas Education Investment Key to Nations Success
Ethiopian Diasporas can participate in many areas and fields of development endeavors. Among the most important areas of development, the education sector one of the significant area. Ethiopian...
View ArticleEthiopia’s Economy Receives Millions in Profits from Gold Sale
The Ethiopian Ministry of Mines has reported on February 8, 2018 profits of about $60 million USD in the past six months from the sale of gold, value-added opal, gemstones and tantalum by traditional...
View ArticleEthiopian wins first cargo transportation award in China
Ethiopian cargo and logistics services has received the “Export and Import Cargo Transportation Award” at a customer’s symposium organized by Guangzhou Bayiun International Airport in China on February...
View ArticleEthiopia to Host 2nd International Agro-Industry Investment Forum
The Second International Agro-industry Investment Forum will take place from 5 to 8 March 2018 in Addis Ababa, Ethiopia. The Forum is organized by the government of Ethiopia and the United Nations...
View ArticleEthiopia Seeks to Quadruple Power Generation by 2020
Dr. Engineer Sileshi Bekele, Minister of Water, Irrigation and Electricity said Ethiopia is seeking to bring power to all households by 2025, up from about 30 percent currently. In an exclusive...
View ArticleHow innovation is Turning Education on its head in Africa
We live in exciting times where our daily lives are dominated by innovation. The education landscape is also gradually changing as new inventions and new ways of teaching become the norm. It’s worth...
View ArticleKenya’s flower producers eye US market
Kenya’s cut-flower industry has blossomed since the 1980s, and now holds the biggest market share for exports to Europe. Kenya’s flower producers are hoping direct flights set to open between Nairobi...
View ArticleAscent Acquires Majority Stake in Auto Springs East Africa
Ascent Rift Valley Fund (ARVF), a leading SME Private Equity Fund investor has signed an investment deal that will see it acquire a majority stake in Auto Springs East Africa. The deal is their first...
View ArticleKFC to Enter Ethiopian Market
Kentucky Fried Chicken (KFC), one of the largest restaurant chains in the US, to launch the Kentucky Fried Chicken (KFC) franchise in Ethiopia within a year. KFC’s franchise restaurants in Addis Ababa...
View ArticleLocal Investor to develop 100 MW from Solar Energy
The private sector is to develop a-100 megawatts (MW) of solar energy in Ethiopia for the first time, according to the Ministry of Water, Irrigation and Electricity (MoWIE). A local investor, who will...
View ArticlePakistani Company Looking to Invest in Sugar Production
Shakeel & Company, a Pakistan-based company is looking to invest in sugar production in Ethiopia. According to the company, Shakeel, which was established in 2004, is mainly involved in...
View ArticleFour Companies Set to Commence Production at Kombolcha Industrial Park
Four foreign companies have begun installing machinery to commence production at the Kombolcha industrial park, Amhara regional state. Azimeraw Dejene, project coordinator of the park told ENA that the...
View ArticleSmart Cities in Africa? It’s not just about ICT
As mass urbanization continues across Africa, putting in place the fundamental infrastructure needed to build smart cities has never been more important. Smart cities are emerging in Zambia, Ghana,...
View ArticleLeveraging Technology to Revolutionize Mining
Only a few years ago, mention of next-generation mining conjured images of autonomous drilling and heavy equipment streaming real-time data to onsite offices. These and other new technologies are...
View ArticleIndia to Power Ethio-Djibouti Electric Interconnection Line with $100m
After completion, the project will enable Djibouti to import 60MW of energy The Indian government is finalizing a 100 million dollar pledge for the Ethiopia and Djibouti power interconnection line,...
View ArticleTurkish Producer’s Exporters eye Ethiopian Agro Market
10 Turkish agricultural machinery producers and exporters explore Ethiopian market during visit to Addis Ababa. Turkish machine producers and exporters plan to enter the promising Ethiopian agro...
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