Nexara

Industrial Dev’t Given Special Attention in Ethiopia: Industry State Minister

Industrial development is the center of Ethiopia’s economic policy as identified by the 10-year Perspective Development Plan and the Homegrown Reform Agenda, Industry State Minister Tarekegn Bululta said. Addressing the UNDP Annual Development Conference 2023 today, the state minister noted that the manufacturing sub-sector is in particular one of the key priority areas given special …

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Ethiopia-Japan Business And Investment Forum Held In Addis Ababa

The Ethiopia- Japan Business and Investment Forum was held on Friday in attendance of representatives of Japanese business, Ethiopian government officials, and representatives of the business community. The Forum was aimed at promoting trade and investment opportunities in Ethiopia and shedding light on the enabling climate in the country. In his opening remarks at the …

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Investment Holdings Company Generates Over 249 Billion Birr in Quarter of Ethiopian Fiscal Year

The Ethiopian Investment Holdings (EIH) announced that the public enterprises under it generated over 249 billion Birr in the first fiscal quarter of 2016. Presenting its performance for the quarter to the House of People’s Representatives Public Enterprises Standing Committee today, EIH CEO Abdurahman Eid Tahir said the enterprises in general have registered good performance. …

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Foundation Enables More Than 1.2 Million Ethiopians to Access Employment

The Mastercard Foundation has announced that it has enabled 1.27 million young people to access employment opportunities in Ethiopia since the launch of the country’s Young Africa Works strategy during the past five years, the foundation disclosed. Speaking at the second Mastercard Foundation’s Young Africa Works in Ethiopia Partners Annual Learning Summit, Country Director Samuel …

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China Machinery Engineering Corporation Keen To Build A Potash Fertilizer Factory In Ethiopia

China Machinery Engineering Corporation (CMEC), China’s construction and engineering giant, expressed its keen desire to build a potash fertilizer factory in Ethiopia. The corporation’s desire was disclosed during a candid discussion between Ambassador Extraordinary and Plenipotentiary of Ethiopia to China, Teferra Derbew, and the executives of the corporation today at the Embassy in Beijing. With …

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IMS Pondering Opening Office In Addis Ababa

Ministry of Finance of Ethiopia (MoF) and Integrated Management Services (IMS) today discussed ways of forging strong partnerships on infrastructure. Ms. Semereta Sewasew, Minister of State for Finance, received John D. Calhoun, Ph.D. Chief Executive Officer of Integrated Management Services (IMS) and his team, at her office. The State Minister briefed the delegates about the …

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Boeing Appoints Henok Teferra Shawl Of Ethiopia As Managing Director For Africa

Aerospace company Boeing has appointed Henok Teferra Shawl as Managing Director for Boeing Africa to strengthen the company’s operations and relationships across the African continent, Times Aerospace reported. Based in Addis Ababa, Ethiopia, Henok Teferra Shawl reports to Kuljit Ghata-Aura, president of Boeing Middle East, Türkiye, Africa, and Central Asia (METACA), according to the report. …

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