Nexara

The Chief Administrator of the Oromia region, Shimelis Abdisa, said that the infrastructure constructions being carried out by Ethiopian Airlines have a significant contribution to fostering the trade and investment activities of the region. The Chief administrator remarked today at the inauguration ceremony of a new passenger terminal building at the Wako Gutu Airport in …

Expansion of Ethiopian Airlines’ Infrastructure Enhances Trade, Investment Read More »

A meeting between Fiseha Yitagesu (PhD), CEO of the Industrial Parks Development Corporation, and Hua Rong Zhang, CEO of Huajian Ethiopia, explored possibilities for future partnerships in the investment sector. During the discussion, the CEO of Huajian Ethiopia expressed interest in the company investing in the Dire Dawa Free Trade Zone (DFTZ). Fiseha commended Huajian …

Huajian Group keen on investing in Dire Dawa Free Trade Zone Read More »

Ambassador of Ethiopia to India, Fesseha Shawel, conferred with Mr. Sanjay Aggarwal, Managing Director of IndoGulf Cropsciences Limited, on the possibility of manufacturing agrochemicals and fertilizers in Ethiopia. While the company was already engaged in the export of agrochemicals to Ethiopia, the Ambassador highlighted the lucrative investment opportunities in the agricultural sector and agrochemical industry. …

India’s IndoGulf Cropscience to invest in fertilizer production industry Read More »

The Sidama Regional Industrial Parks Development Corporation has announced that six new companies will begin operations at the Yirgalem Integrated Agro-Industrial Park within the next two months. The new ventures will focus on processing various agricultural products, including milk, avocado, honey, and coffee, sourced from local farmers. These processed goods will be supplied to both …

Ethiopia: Six New Companies to Start Operations at Yirgalem Integrated Agro-Industrial Park Read More »

Ethiopian Electric Power (EEP) has reported earning more than USD 31.5 million from electricity exports to neighboring countries in the first quarter of the current fiscal year. CEO Ashebir Balcha highlighted the company’s commitment to meeting the growing regional demand for electricity while improving power development, accessibility, and regional cooperation. Ethiopia currently exports electricity to …

Ethiopian Electric Power Earns Over USD 31.5 Million from Electricity Exports Read More »

Haile Hotels & Resorts Group has officially inaugurated its 10th resort in Jimma, marking another step in its ongoing expansion across Ethiopia’s major tourist destinations. The Jimma-Haile Resort follows the opening of a similar property just 11 months ago. At the inauguration, Haile Gebreselassie, CEO of Haile and Alem International Plc., the parent company of …

Ethiopia: Haile Hotels & Resorts Expands with New Resort in Jimma Read More »

Ethiopia’s Ministry of Trade and Regional Integration (MoTRI) has announced that over 216 million USD has been earned from the export of the horticulture sector in the past five months of the 2024/25 fiscal year. Following a 5-month performance review meeting, the ministry said some 186,361,000 USD has been obtained from the export of 45,878 …

Ethiopia pockets $216 million from horticulture export in the pas 5 months Read More »

The Commercial Bank of Ethiopia (CBE) officially inaugurated its Customer Service Month today, with attendance from notable government officials, including Finance Minister Ahmed Shide, as well as representatives from the business community associated with the bank. CBE President Abie Sano and other senior executives were also present at the launch event. In his opening address, …

CBE kicks off Customer Service Month to transform service delivery Read More »

The Ethiopian Investment Commission (EIC) held a consultative meeting with the China Chamber of Commerce and the Chinese Embassy to enhance the performance of Chinese investors in Ethiopia. The half-day event was held in the presence of EIC Chief Commissioner Mr. Zeleke Temesgen and Ambassador of China to Ethiopia, Chen Hai. The meeting aimed to …

EIC, China Chamber of Commerce meet to boost investments in Ethiopia Read More »

Ethiopian Airlines, Africa’s largest Airbus operator and national flag carrier, today announced that it has welcomed its third Airbus A350-1000 aircraft. With the addition of the third A350-1000 aircraft to its vast fleet, Ethiopian Airlines reaffirms its commitment to innovation, sustainability, and customer satisfaction, charting a new course for African aviation excellence. Recall that the …

Ethiopian Airlines welcomes its third Airbus A350-1000 plane Read More »