Nexara

Safaricom Ethiopia announced a hefty investment of USD 1.5 billion to build 5,000 new telecom towers across the country over the next three years. This ambitious plan aims to significantly improve network infrastructure and connectivity for millions of Ethiopians. “We are excited to expand our network footprint and enhance connectivity,” said Wim Vanhelleputte, CEO of …

Safaricom Ethiopia Pours USD 1.5 Billion into Network Expansion, Vows to Bridge Digital Divide Read More »

The Oromia Regional Mineral Development Authority reported significant progress in the mining sector, exceeding USD 213 million in revenue from various mineral exports within the first nine months of the fiscal year. This surge comes alongside a crackdown on illegal mining activities, particularly in the gold sector. Deputy Head of the Authority, Tigist Terfe, highlighted …

Oromia Region Sees Increased Revenue from Minerals Read More »

The second edition of the Big 5 Construct Ethiopia exhibition is set to take place from May 30 to June 1, 2024, at the Millennium Hall in Addis Ababa. This international event focuses on promoting growth and sustainability within the Ethiopian construction industry. Building on the success of the first edition, Big 5 Construct Ethiopia …

Big 5 Construct Ethiopia Returns to Showcase Construction Innovation Read More »

The Ethiopian Embassy in Islamabad announced the second Ethio-Pakistan Business Forum, scheduled for late May in Ethiopia. This forum builds on the success of previous editions, aiming to deepen economic ties between the two nations. The Embassy collaborated with Pakistan’s Islamabad Chamber of Commerce and Industry (ICCI) to recently hold business dialogues. These discussions aimed …

Ethiopia Announces Second Business Forum with Pakistan Read More »

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 …

Oromia Approves Billions in Investments Read More »

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 …

Ethiopia An Ideal Destination For Pakistani Investments and businesses, Says ICCI President Read More »

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 …

Minister Stresses Importance Of Finance In Bringing About Structural Change In Agriculture Read More »