Nexara

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 »

The economic reform policies undertaken by the Ethiopian Government opens much room for increased trade and investment relations between Turkiye and Ethiopia, Türkiye Ambassador to Ethiopia and Permanent Representative to the AU Berk Baran said. In an exclusive interview with ENA, Ambassador Baran said that Ethiopia and Turkiye are enjoying their 128 years of diplomatic …

Economic Reform Opportunity to Boosting Ethio-Turkiye Trade, and Investment: Ambassador Baran Read More »

El Salvador expresses interest in collaborating with Ethiopia in investment, economic development, and South-South Cooperation, which emphasizes the importance of bilateral and multilateral friendship and mutual learning. The South American nation’s desire was revealed during a meeting between Ethiopia’s Minister of State for Finance, Ms. Semereta Sewasew, Minister of Foreign Affairs of El Salvador, Alexandra …

El Salvador Seeks Collaboration With Ethiopia In Economic Dev’t Read More »

The Ethiopian Enterprise Development (EED) released its performance report for the nine months of the 2023/24 fiscal year. The report highlights achievements in export generation, import substitution, and job creation within the manufacturing sector. Manufacturing enterprises exported a total of 14,190 tons of products, generating USD 24.51 million in foreign currency revenue. This represents a …

Ethiopian Enterprise Development Reports Progress in the Manufacturing Sector Read More »

The Addis Ababa Investment Commission (AAIC) announced progress in attracting new businesses to the capital. Over the past nine months, the AAIC issued new investment licenses to 1,921 investors, exceeding 76% of its target for the fiscal year. These investors represent a variety of sectors, including construction, urban agriculture, manufacturing, and services. The AAIC also …

Addis Ababa Investment Commission Reports Strong Investor Growth Read More »

The Ethiopian Ministry of Water and Energy signed a memorandum of understanding (MOU) with Ethio Engineering Group and APIMOSO, a Czech Republic-based company. The agreement focuses on the import, assembly, and local manufacturing of water filtration machines. The MOU signing ceremony was attended by Dr. Habtamu Itefa, Minister of Water and Energy, Ambassador Suleiman Dedefo, …

Ministry of Water and Energy Partners for Water Filtration Technology Read More »

Ambassador of Ethiopia to Pakistan, Jemal Beker, held discussions with representatives of chambers of trade and industry and company representatives of various cities. Ambassador Jemal presided over an Ethiopia-Pakistan Business Forum in Sialkot City where he had discussions with business people and industrialists who have shown interest in exploring investment opportunities in Ethiopia. The Ambassador …

Pakistani Business Delegation to Make 2nd Pre-Investment Visit to Ethiopia Next Month Read More »

CEO calls for better regulation in telecoms, fintech Safaricom Telecommunications Ethiopia has ambitious plans to triple its telecom tower network over the coming three years, set to invest more than USD 1.5 billion to extend its coverage across the country despite the obstacles posed by security concerns. The company currently operates a network of 2,500 …

Safaricom Ethiopia out to triple network coverage in three years Read More »

The African Leadership Excellence Academy (AFLEX) and China’s Academy for International Business Officials (AIBO) signed a Memorandum of Understanding (MoU). AFLEX President Zadig Abraha and AIBO President Sun Zhonghe signed the agreement. The agreement which is expected to quickly take effect after the signing paves the way for increased collaboration in leadership development and enables …

Ethiopian, and Chinese Academic Institutions Sign MoU to Collaborate Read More »