Ethiopia foresees 6 bln. USD from FDI
(E P A) The Ethiopia Investment Commission (EIC) revealed a plan to attract six billion USD from foreign direct investment (FDI) in the current fiscal year whilst attention is given to export-oriented manfacturing industries. Speaking to the Ethiopian Press Agency (EPA), EIC’s Investment Promotion Team Leader Tariku Getachew stated that Ethiopia prioritizes agriculture and agro-processing, …
China to elevate people- to-people ties with Ethiopia.
(E P A) A Chinese diplomat said his country wants to replicate the thriving business and investment relations with Ethiopia to vibrant people-to-people ties. Chinese Embassy Minister Counselor Shen Qinmin told The Ethiopian Herald that his government has a solid commitment to consolidating the two sisterly countries’ relations. Noting the two countries’ blossoming political and …
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It is reported that the number of people who have been accused of the anti-corruption campaign has reached 640.
According to the recommendation received by the federal government for the national anti-corruption committee established in November, the number of people accused of corruption has reached 640. The national anti-corruption committee has announced that 226 thousand square meters of land is being investigated. This was stated by the members of the anti-corruption coordinating committee formed …
H.E Eng. Lelise Neme & H.E. Amb Miroslav Kosek Czech Republic Ambassador to Ethiopia discussed strengthening the bilateral partnership between Ethiopia and Czech Republic.
underscored their commitment to attract Czech investors to Ethiopia through targeted and strategized sectoral investment promotional activities.
Minister Ahmed Shide takes over the Chairmanship of the Horn of Africa Initiative (HOAI) from Kenya.
The Finance Ministers of the Horn of Africa Countries held the 15th HOAI Ministerial meeting today in Nairobi, Kenya. The Ministers reviewed the progress made on the operation and implementation aspects of the HoA Initiative over the last year and discussed measures to enhance regional integration and cooperation by focusing on areas of private sector …
Finance Minister Deeta held talks with the chairman of China International Energy Group on bilateral economic cooperation.
February 27/2015 E.C. Deputy Finance Minister Mrs. Semerita Sewasew discussed with the delegates led by Mr. Li Xiang, the chairman of China International Energy Group, about the upcoming investment and economic cooperation between Ethiopia and China in her office. During the discussion, her excellency Mrs. Semerita Sewasew mentioned that China International Energy Group is a …