Nexara

Lion Insurance, a key player in Ethiopia’s insurance sector for 17 years, has achieved a major milestone by surpassing Birr 1 billion in premium revenue for the first time. The company’s total premium revenue reached Birr 1.173 billion, marking a 41 percent increase compared to the previous year. Abrham Gebreamlak, Chairperson of the Board of …

Lion Insurance Surpasses Birr 1 Billion in Premium Revenue Read More »

The Trade Development Authority of Pakistan (TDAP), through its International Markets Development Division (Africa Desk), organized a webinar titled ‘Explore the Ethiopian Market for Agro and Food Products’. Held in collaboration with Ethiopia’s Ministry of Trade and Investment, the event aimed to boost bilateral trade ties and create new export opportunities for Pakistani agriculture and …

TDAP explores Ethiopian market for agro and food Products Read More »

Hiber ET Trading has announced an initiative aimed at maximizing the benefits of Ethiopia’s human and natural resources for the greater good of society. The company introduced a new software solution designed to automate its services through cutting-edge online technology. During the launch event, CEO Wondimnew Nibret emphasized the company’s commitment to activities that harness …

Hiber ET Trading Launches Innovative Software to Enhance Resource Utilization in Ethiopia Read More »

Brazil, Starbucks’ largest coffee supplier, is experiencing severe droughts that are affecting production. This global disruption could present a favorable opportunity for Ethiopia. High-ranking executives from Starbucks, the world’s largest coffee chain, have made a discreet visit to Ethiopia, the continent’s leading coffee producer.  While Starbucks representatives have described this visit as a “low-profile business …

High-Level Starbucks Delegation Visits Ethiopia Under the Radar Read More »

Investors with more than 2.6 billion birr capital are going to start coffee and tea leaf production in the Jimma Special Economic Zone, according to the Industrial Parks Corporation of Ethiopia (IPDC). The Corporation discussed this progress in a social media post after the discussion between the CEO of IPDC Mr. Fesseha Yitagesu and the …

Investors with over 2.6 ETB capital set to engage in Jimma SEZ – IPDC Read More »

Ethiopian Airlines Group has officially opened a modern eight-story parking facility dedicated to its flight crews. The impressive structure, completed in just one year, spans an area of 48,000 square meters. This state-of-the-art parking facility is designed to accommodate over 1,300 vehicles simultaneously and includes features such as accessible spaces for individuals with disabilities and …

Ethiopian Airlines unveils cutting-edge eight-story parking facility for flight crews Read More »

Chinese innovative technology brand Tecno unveiled its groundbreaking Tecno AI Assistant application and its latest AI-powered technological products in a grand event held at the Skylight Hotel on Thursday. The launch event was attended by invited guests, including Tecno Ethiopia executives, senior government officials, influencers, and other stakeholders. The program commenced with an opening speech …

TECNO unveils groundbreaking Tecno AI Assistant app Read More »

Ethiopia’s export sector continues to show progress, generating USD 2.6 billion in revenue during the past five months, largely driven by agricultural exports, according to State Minister of Trade and Regional Integration Yasmin Wohabrebbi. Speaking at the Public-Private Dialogue Forum on Pulses and Oilseeds, Yasmin emphasized that agricultural products remain the backbone of Ethiopia’s export …

Ethiopia Earns USD 2.6 Billion in Export Revenue in Five Months Read More »

Avocado production and exports in Oromia State are experiencing growth. The Oromia State Agriculture Bureau announced plans to export 12,000 quintals of the fruit in the 2024/25 fiscal year. Tegegn Erana, Fruit Development Director at the Bureau, revealed that extensive efforts were underway to meet the export target, focusing on markets in the Middle East …

Ethiopia: Oromia Targets 12,000 Quintals of Avocado Exports in 2024/25 Read More »

Ethiopia’s Industry Minister Melaku Alebel has highlighted the positive impact of the government’s macroeconomic reforms implemented over the past few months in encouraging the manufacturing sector. The Ministry convened a public-private dialogue today to discuss the opportunities, challenges, and potential solutions for the manufacturing sector in light of recent economic reforms. Ethiopia has achieved over …

Industry Minister Highlights Opportunities of Manufacturing Sector in Ethiopia Read More »