News

The Ministry of Foreign Affairs stated that the number of countries and investors that prefer Ethiopia for investment has increased. This was announced by the Spokesperson of the Ministry of Foreign Affairs, Ambassador Nebiyu Tedla, today during a press briefing to the media. About this, the visit of the seventy-nine (79) members of Saudi Arabia’s …

Ethiopia Sees Surge In Foreign Investment Interest – MFA Read More »

 The individual measures projects review meeting on the EU support to Ethiopia in the period 2021-2023 with a resource allocation of €339 million was held today, the Ministry of Finance stated. The meeting has focused on interventions in the areas of health, education, food security, social protection, reconciliation, peacebuilding, agriculture, response to climate shocks, support …

Ministry Of Finance, EU Hold Individual Measures Projects Review Meeting Read More »

Ethio-Engineering Group and Faresin Formwork, a leading Italian company specializing in formwork systems for the construction industry, have signed a 3 million euro contract agreement in Rome, Italy. This agreement will enable Ethio-Engineering Group to exclusively produce aluminum formwork within the country, thereby advancing the construction machinery manufacturing industry under the group. The contract was …

Ethio-Engineering Group, Faresin Formwork Sign Agreement Read More »

CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), Aklilu Tadesse, received representatives of a Colombian Company, Conceptos Plasticos, at his office. The delegation of Conceptos Plasticos presented a detailed explanation of their interest and strategy for their future engagement in Ethiopia. The delegation stated that thier business transforms plastic waste into alternative construction materials …

Conceptos Plasticos To Engage In Waste – To- Construction Materials Business In Ethiopia’s Industrial Parks Read More »

Saudi Arabian investors have expressed their interest in participating in the development of a 5-star hotel and other tourism services in Ethiopia. During the Ethio-Saudi Business and Investment Forum, attendees were provided with information on potential investment opportunities within the tourism sector in Ethiopia. Following the Ethiopia-Saudi business forum, investors met with the Minister of …

Saudi Investors Eye Ethiopian Tourism Opportunities Read More »

Pakistan Ambassador to Ethiopia, Mian Atif Sharif, has praised Ethiopia for paying attention to liberalization and opening up the economy for foreign investors. Over the past five years, Ethiopia has undertaken significant economic reforms to open up the economy including liberalization of the telecom sector, opening up of the financial sector, the liberalization of trade …

Pakistan Ambassador Lauds Ethiopia for Liberalization, Opening up the Economy Read More »

Saudi Arabia’s investors are exploring investment opportunities in Ethiopia, and they are impressed by the business climate in agro-processing and livestock spheres. A high-level Saudi Arabia investment and trade delegation, consisting of 79 investors and representing renowned companies is visiting the investment opportunities in Ethiopia. As part of the delegation tour, those investors witnessed today …

Saudi Investors Impressed by Ethiopia’s Business Climate  Read More »

Upon returning from his Asian official visits early this evening, Prime Minister Abiy Ahmed met with representatives of a high-level investment delegation from Saudi Arabia, concluding their three-day visit to Ethiopia. Discussions focused on investments in agriculture, housing, and tourism, with a special emphasis on local fertilizer production, according to the Office of the Prime …

PM Abiy Meets with High-level Investment Delegation of Saudi Arabia  Read More »

Ethiopia and Singapore have reaffirmed their commitment to strengthening the longstanding bilateral relations between the two nations. The commitment was made during a meeting today between Mr. Ahmed Shide, Minister of Finance of Ethiopia, and Ms. Indranee Rajah, Minister in the Prime Minister’s Office, Second Minister for Finance and Second Minister for National Development of …

Ethiopia, Singapore Pledge To Deepen Financial And Economic Ties Read More »

 Ethiopia’s government has embarked on a comprehensive reform to create a business-friendly environment, Minister of Planning and Development Fitsum Assefa underscored. Addressing the two-day Ethio-Saudi Arabia investment and trade forum which kicked off in Addis Ababa today, Fitsum stressed the visit of the Saudi Investment and Trade delegation to Ethiopia symbolizes that the bilateral relations …

Gov’t Undertaking Comprehensive Reform To Make Ethiopia Business-Friendly Nation Read More »