Nexara

There are numerous untapped opportunities—both quick wins and ambitious strategic initiatives—that commercial banks can pursue to increase DFS adoption at their respective institutions. Insights powered by Project AKOFADA. Read More (https://shega.co/news/what-ethiopian-banks-can-do-to-increase-digital-financial-adoption) Source: shegamedia

The Ethiopian Investment Commission (EIC), together with key stakeholders including the Ministry of Trade and Regional Integration (MoTRI), the Customs Commission, the Industrial Parks Development Corporation, and the Ethiopian Shipping Lines and Logistics Services Enterprise, has successfully concluded the operational commencement and handover of premises for investors at the Dire-Dawa Free Trade Zone (FTZ). During …

EIC marks operational commencement, investor placement of Dire-Dawa FTZ Read More »

Indian car company Vipar Auto FZCO has announced its intention to invest in the sector in Ethiopia. This was announced following a meeting between Minister of State for Industry Mr. Hassen Mohammed and representatives of the company in Addis Ababa to discuss potential investment opportunities in Ethiopia that meet Vipar’s portfolio. On the occasion, State …

Indian auto company Vipar expresses desire to invest in Ethiopia Read More »

The Ministry of Agriculture has reported that less than 50 percent of the two million hectares of land allocated for agricultural investment is currently being cultivated. Presenting a six-month performance report to the House of People’s Representatives Standing Committee on Agricultural Affairs, it was revealed that while land provision is not a challenge, much of the …

Ethiopia: Less Than Half of Agricultural Investment Land Cultivated, Ministry of Agriculture Read More »

Ethiopia’s government has announced plans to finalize a Memorandum of Understanding (MoU) with the Official Creditor Committee (OCC) by April under the G20 Common Framework (CF) for debt treatment. This update comes after years of negotiations aimed at re-profiling the country’s debt. The International Monetary Fund (IMF), in its latest review of Ethiopia’s 48-month Extended …

Ethiopia Targets April for Debt Treatment Agreement Under G20 Framework Read More »

The Industrial Parks Development Corporation (IPDC) announced that over the past six months, investments worth more than USD 597 million have been secured in Ethiopia’s Special Economic Zones (SEZs) and the Dire Dawa Free Trade Zone. Over 80 investments have been attracted to the zones under the IPDC’s management. The corporation transferred 14 manufacturing sheds …

Ethiopia Attracts Over USD 597 Million in Investments to Special Economic Zones Read More »

The government of Pakistan has vowed to facilitate its vast market opportunities to Ethiopian products with a bid to further strengthen economic cooperation between the two countries. Advancing bilateral ties through trade was the focus of discussion during a meeting between Ethiopia’s Minister of Trade and Regional Integration, Kassahun Gofe, and a Pakistani delegation led …

Pakistan pledges to facilitate its vast market opportunities for Ethiopian products Read More »

The Ethiopian Ministry of Tourism hosted a symposium to inform Japanese business leaders and investors about the abundant investment opportunities in Ethiopia’s tourism industry. During the event, Dr. Endegena Abebe, State Minister of Tourism, reaffirmed the Ethiopian Government’s dedication to advancing the tourism sector and fostering investment initiatives. Tewodros Deribew, Coordinator of the Ministry’s Delivery …

Japanese investors explore potential opportunities in Ethiopia’s tourism sector Read More »

Japanese companies are showing growing interest to explore business opportunities in Ethiopia and the recent Ethio-Japan Trade and Investment Symposium was useful in that regard, Ambassador Shibata Hironori said. The Japanese Ambassador said that the two countries have a very long relationship on a wide range of issues, including economic development, and political and cultural …

Japanese Companies Showing Growing Interest to Explore Business Opportunities in Ethiopia Read More »

Ethiopian Cargo received a new Boeing 777 Freighter Aircraft on Thursday to expand its capacity and enhance its global operations. The airline stated, ” This milestone strengthens our ability to serve global markets with increased efficiency and reliability, ensuring we meet the growing demand for air freight services worldwide.” “The new freighter will play a …

Ethiopian Cargo expands global operations with acquisition of new Boeing 777 Freighter Aircraft Read More »