Nexara

 Ethiopia’s Common Market for Eastern and Southern Africa (COMESA) membership significantly enhances its investment appeal, according to the country’s Investment Commission. This 21-member economic community, with a population exceeding 640 million, a combined GDP of 1 trillion USD, and 383 billion USD in global trade, presents a major market opportunity. Investing in Ethiopia grants access …

Ethiopia says COMESA membership significantly enhances its investment appeal Read More »

The Ethiopian Enterprise Development (EED) has disbursed over Birr 5.3 billion in operating loans to 712 small and medium-sized manufacturing enterprises in the first six months of the 2024/25 fiscal year. This financial support has contributed to the creation of 60,320 jobs within the sector during the same period. According to Alebache Nigussies (PhD), the …

Ethiopian Enterprise Development Provides Over Birr 5.3 billion in Loans Read More »

Ethio telecom has launched a cutting-edge ultra-fast EV charging station along the Bole to Megenagna road in Addis Ababa. According to the company, the initiative is aimed at supporting Ethiopia’s expanding electric vehicle (EV) ecosystem. With EV adoption rising across the country, the new station is designed to meet the growing demand for fast, efficient, …

Ethiopia: Ethio Telecom Unveils Ultra-Fast EV Charging Station in Addis Ababa Read More »

Ethiopia’s telecommunications market is gearing up for further growth, with the arrival of a third telecom operator expected by late 2025 or early 2026, according to the Ethiopian Communications Authority (ECA). Although the ECA paused new license issuance in mid-2023, this move is intended to foster a more favorable investment climate before welcoming new global …

Ethiopia’s Telecom Market Set for Expansion with Third Operator in the Pipeline Read More »

The Ethiopian Investment Commission (EIC) Chief Commissioner Mr. Zeleke Temesgen disclosed that the Commission has identified 2,507 major international companies as key targets for investment in Ethiopia, marking a strategic shift in the country’s approach to attracting foreign direct investment (FDI). This move is part of Ethiopia’s broader economic reforms aimed at unlocking opportunities in …

Ethiopia identifies 2,507 global companies in strategic investment drive Read More »

Pakistan values Ethiopia as a great trading partner and political fiend in Africa, according to Basit Saleem Shah, Minister of Trade and Investment – Commercial Wing of the Embassy of Pakistan to Ethiopia. The Commercial Wing of the Embassy hosted a pre-event promotion program on the upcoming Pakistan-Africa Trade Development Conference and Single Country Exhibition …

Pakistan says keen to diversify, enhance its economic partnership with Ethiopia Read More »

The Ethiopian Securities Exchange (ESX) announced plans to register five major companies within the next six months. This follows the official launch of the ESX earlier this year by Prime Minister Abiy Ahmed. IESX CEO Tilahun E. Kassahun confirmed that the exchange was fully operational, supported by the necessary infrastructure and legal frameworks. He noted …

Ethiopian Securities Exchange to Register Five Major Companies in Six Months Read More »

The Ethiopian Roads Administration (ERA) has announced the construction of nine major road projects to ease traffic congestion and improve connectivity between Addis Ababa and the nearby city of Sheger. ERA Deputy Director General, Alemayehu Ayele (PhD), briefed media outlets on the initiative, highlighting that four of the projects focus on increasing exit routes from …

Ethiopia: ERA Launches Nine Major Road Projects to Boost Connectivity Around Addis Ababa Read More »

The upcoming Ethiopia-Pakistan Exhibition 5th Pakistan-Africa Trade Development Conference (PATDC) and Single Country Exhibition (SCE) will be vital to unlock access to new markets and enhance economic ties between Ethiopia and Pakistan, according to the Pakistan Embassy in Addis Ababa. This was disclosed during a pre-investment meeting on the exhibition which was held on 6th February …

Pakistan keen to diversify, enhance its economic partnership with Ethiopia – Envoy Read More »

Zinabu Yirga, Deputy Commissioner of the Ethiopian Investment Commission (EIC), convened with representatives from Tourba yesterday to explore collaborative opportunities in the agricultural sector. During the meeting, Tourba’s Carbon Farming Director for Africa and Brazil showcased the company’s capabilities, highlighting how their innovative initiatives can support Ethiopia’s agricultural advancement. Yirga underscored the strategic significance of …

Investment Commission encourages Tourba to explore opportunities in Ethiopia Read More »