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Agribusiness in Sub-Saharan Africa
Africa represents 12 percent of the world’s population, but only accounts for one percent of global gross domestic product (GDP) and 2 percent of world trade. The continent is faced with four key...
View ArticleEthiopia Starts Marketing Debut Eurobond for Projects
Ethiopia started a debut dollar bond issue, taking advantage of record demand for high-yielding African debt to fund electricity, railway and sugar-industry projects. The $1 billion 10-year bonds will...
View ArticleAfrica is on the Cusp of a Consumer Boom: Now is the Time for Businesses to...
Now is the time for businesses to invest in Africa and those that wait too long risk missing out, according to a new report from Deloitte, the business advisory firm. Africa: A 21st Century View notes...
View ArticleMeta Abo Brewery to Source all Cereal Raw Materials in Ethiopia Locally
Meta Abo Brewery S.C., a Diageo company, announced last week that it will source 100% of all cereal raw material needs in Ethiopia locally in time for Meta’s 50th Anniversary, by the end of 2017. This...
View ArticleA Public Bank Branch to Open in Ethiopia
In accordance with Turkey’s African Expansion Strategy, a Djibouti and Ethiopian Trade and Engineering Committee was established under Economy Minister Nihat Zeybekci. Speaking at the Ethiopia-Turkey...
View ArticlePlaying in the Major Leagues: Ethiopia’s Debut Bond
Around late 2012 international law enforcement officers seized the Libertad – an Argentinian naval training frigate – off the cost of Ghana and forced it to dock at the Port of Tema where it stayed for...
View ArticleItalian Garment firm to Set up Manufacturing in Ethiopia
Calzedonia, an Italian garment manufacturing firm, is set to open its first branch in Ethiopia’s Tigray state of Mekele city, Embassy of Ethiopia reported. In his meeting with the Italian company...
View ArticleEthiopia must Change Strategy to maintain its Phenomenal Economic Growth
In order to attain middle income status by 2025 economists advocate that Ethiopia’s government switch its focus from public expenditure to promoting private investment As Africa’s fastest-growing...
View ArticleWhat Ethiopia can learn from the UAE
The United Arab Emirates (UAE) celebrated its 43rd national day a few days ago. Despite its young age it has emerged as one of the giant economies in the Middle East. A member of The Reporter’s...
View ArticleEthio Telecom, Ericsson Sign Agreement to Improve Network in Ethiopia
Ethio Telecom signed an agreement on Tuesday with Ericsson December 16, 2014, aiming at ensuring improved quality of network coverage, richer and more innovative mobile communication services to...
View ArticleEthiopia, Kenya ink Cross-Border Trade Agreement
The governments of Kenya and Ethiopia have signed an agreement that aims at creating opportunities for communities at the borders of the two countries, President Uhuru Kenyatta said on Wednesday adding...
View ArticleEthiopia preferable for Economic, Political Cooperation: Turkish Ambassador
Turkish Ambassador to Ethiopia Osman R. Yavuzalp said Ethiopia is the most preferable country Turkey wants to cooperate with in economic, political and social areas. In a press conference he gave here...
View ArticlePrivate Sector Urged for Active Involvement to Consolidate Economic Ties...
The private sector in Ethiopia and Djibouti need to play role to further consolidate the economic cooperation between the two countries, the Djibouti Chamber of Commerce said. The business persons in...
View ArticleClimate Innovation Center finances 7 Model Entrepreneurs
The Ethiopia Climate innovation Center (ECIC) awarded 7 entrepreneurs who have viable businesses that can be model in the context of climate technology development, deployment or transfer. The Center...
View ArticleStudies Reveal Additional Geothermal Energy
Chief Geologist Hunde Melka told ENA that studies carried out around 23 spots in the Rift Valley have revealed that there is geothermal energy which could generate 10,800 MW. This potential has huge...
View ArticleOpen Gate for British through Supercatex
The United Kingdom’s Trade and Industry (UKTI) body joined forces with SuperCatex to organize the first ever British Exporters’ Catalogue Exhibition in Ethiopia which took place between December 9 and...
View ArticleWhen Agricultural Progress Hurts Industrial Growth
The government’s Growth & Transformation Plan (GTP) is targeted at the development of the agricultural sector, with the guidance of the 1993 strategy of Agricultural Development Led...
View ArticleGerman Company to Produce Ethanol, Fertilizer from Waste Products of Sugar
Schmitt Distillation Plant Engineering announced on Wednesday its plan to build a factory that produces ethanol, electricity, fertilizer and animal food from waste products of sugar. Company General...
View ArticleJoining Capital Market won’t Change Government Strategy, says Ethiopia’s...
Joining capital market will not change the government strategy of financing mega projects, says the Government of Ethiopia, which for the first time secured one billion dollars by selling sovereign...
View ArticleEthiopia’s Rapid Growth: Miracle or Mirage?
Ethiopia, like many of Africa’s new growing economies, began achieving high growth rates from a low base, writes William Gumede. Thirty years ago, in 1984, Ethiopia was plunged into a terrifying...
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