The Oromia Investment and Industry Bureau announced the approval of investment licenses for ventures totaling over Billion 148 billion. These investments are expected to generate job opportunities for more than 509,000 young people in the region. The approved ventures span agriculture, service, and manufacturing industries. The bureau is committed to fostering a business-friendly environment to …
The Ministry of Industry unveiled an ambitious plan for the upcoming Let Ethiopia Produce Expo and Bazaar. The five-day event, starting May 9th at the Millennium Hall, aims to generate Birr three billion in market linkages between Ethiopian manufacturers and domestic and international buyers. “This expo is a crucial platform to showcase the productivity of our …
Let Ethiopia Produce Expo Targets Birr 3 Billion in Market Linkages Read More »
The Ministry of Revenues (MoR) collected Birr 374 billion in revenue over the past nine months. This achievement was announced by Minister Aynalem Nigussie during a session with the House of People’s Representatives’ Plan, Budget, and Finance Standing Committee. The collected revenue represents 95% of the ministry’s target of Birr 391 billion for the same …
Ministry of Revenues Collects 95% of Revenue Target in Nine Months Read More »
Ethiopian Ambassador to Pakistan, Jemal Beker Abdula, on Thursday, urged Pakistani investors to explore trade and investment opportunities in various sectors of Ethiopia to promote and develop bilateral relations between the two countries. Addressing the launching ceremony of the Pakistan 2nd Business and Trade Delegation to Ethiopia at the Islamabad Chamber of Commerce and Industry …
Ethiopian Airlines, Africa’s largest carrier, confirmed that it has expanded the reach of its New Distribution Capability (NDC) content through a strategic collaboration with Verteil Technologies, a global leader in NDC technology. This alliance signifies a pivotal moment in Ethiopian Airlines’ commitment to further modernize its customer satisfaction, as it aims to broaden the availability …
Ethiopian Airlines, Verteil Technologies Enter NDC Distribution Agreement Read More »
Ethiopia’s Agriculture Minister Girma Amente emphasized today the importance of access to finance in agriculture to bring about structural transformation in the sector. A workshop designed to provide a platform for all stakeholders to come together and jointly chart the way for the next height and formulate relevant frameworks and legal instruments for agricultural finance …
Korea International Cooperation Agency (KOICA) said it will continue to assist the efforts to develop the startups in Ethiopia. KOICA Country Director Han Deog Cho stated that the agency has been supporting Ethiopia to achieve sustainable socio-economic development. One of the key KOICA’s supports to Ethiopia is encouraging basic development and startups as it is …
KOICA Pledges To Continue Assisting Startups In Ethiopia Read More »
Ethiopia serves as a crucial driver of security and economic linkages within the region, according to Finance Minister Ahmed Shide. Mr. Ahmed Shide remarked on his participation in the World Economic Forum’s Special Meetings held this week in Riyadh, Saudi Arabia. On the occasion, Mr. Ahmed asserted that South-South cooperation holds immense potential to address …
Ethiopia Plays Pivotal Role In Regional Economic Integration – Finance Minister Read More »
In a retreat held today at the Africa Leadership Excellence Academy (AFLEX), the Government of Ethiopia and the Development Partners Group (DPG) engaged in discussions centered around the country’s sustainable financing strategy. The retreat brought together State Ministers, Heads of Development Partners, and key stakeholders, according to the Ministry of Finance. It is stated that …
Gov’t, Dev’t Partners Embrace Private Sector Investment For Sustainable Dev’t Goals Read More »
Minister of Agriculture, Girma Amenti urged financial institutions in Ethiopia to further enhance their financial provision for farmers to bring about agricultural transformation in the country. Speaking at the agricultural and financial service seminar held today, the Minister said financial services for the agriculture sector and rural development in Ethiopia is one of the critical …
Financial Institutions Urged to Support Farmers in Ethiopia to Transform Sector Read More »