News

The baseline forecast is for global growth to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024, well below the historical (2000–19) average of 3.8 percent. Advanced economies are expected to slow from 2.6 percent in 2022 to 1.5 percent in 2023 and 1.4 percent in 2024 as …

Global Economic Recovery Will Remain Slow In 2024 – IMF Read More »

Ethiopia has tapped into the AFSIC – Investing in Africa 2023 investment conference in London, the UK, under the theme “Ethiopia: the New Frontier Market – Opening Doors and Creating Opportunities”. Ethiopian delegation is attending the AFSIC – Investing in Africa 2023 in London. The delegation led by Semereta Sewasew, State Minister of Finance for …

Ethiopian Investment Promoted At AFSIC 2023 In London Read More »

Global consultancy giant Deloitte is set to reestablish its presence in Addis Ababa, marking a return to the Ethiopian market after a six-year hiatus. The firm is preparing to open a new office near the bustling Meskel Square district of the capital city, with plans to complete its re-entry into Ethiopia in the current financial …

Deloitte Set to Return to Addis Ababa After Six Years Absence Read More »

The Ethiopia-China Cooperation Committee has pledged commitment to encouraging more Chinese investors to enter and manufacture in the Ethiopian industrial parks. The Committee reiterated its commitment during the meeting between Mr. Aklilu Tadese, CEO of the Industrial Parks Development Corporation of Ethiopia (IPDC), and Betty Xu, President of the Ethiopia-China Cooperation Committee. In their discussion, …

Committee Vows To Encourage More Chinese Firms To Engage In Ethiopian IPs Read More »

Ethiopian Airlines, the largest passenger and cargo carrier in Africa and one of the fastest-growing brands in the world, today confirmed that it will twice daily flights to Accra, Ghana. The Airline disclosed that the new schedule will operate a total of fourteen-time weekly flights from its hub in Addis Ababa to the West African …

Ethiopian To Operate Fourteen Times A Week Flights To Accra Read More »

The Ethiopian Investment Commission (EIC) said that it has launched an Investment Monitoring and Support Services Survey campaign designed to enable the commission to be a closer partner to investors and companies in Ethiopia. The survey campaign also aims to tailor the EIC’s aftercare services based on identified needs and challenges and make informed decisions …

EIC Launches Monitoring, Support Services Survey Campaign  Read More »