bussines news

The collaborative efforts between the Ethiopian Embassy in India and the Southern Gujarat Chamber of Commerce (SGCCI) culminated in a pivotal business and investment forum held from December 8th to 9th, 2023, at Surat, Gujarat’s epicenter of commerce. Ethiopia’s Ambassador to India, Demeke Atnafu delineated the plethora of investment prospects available in Ethiopia, accentuating priority …

Ethiopian Investment Promotion, B2B Forum Held In India’s Gujarat Read More »

Ethiopian Airlines, the biggest passenger and cargo carrier, today announced its return to the Spanish capital, Madrid. The airline’s social media post mentioned that it has resumed four weekly passenger flights to Madrid. During the event, Ethiopian Airlines Group CEO Mesfin Tasew said Madrid is the last destination to rejoin our networks suspended during the …

Ethiopian Officially Returns To Madrid Read More »

The Minister of Finance, Mr. Ahmed Shide, met and held a discussion with Anna Bjerde, the Managing Director Operations (MDO) of the World Bank, and Victoria Kwakwa, World Bank Vice President for Eastern and Southern Africa. The discussion, according to the Ministry of Finance, focused on implementation of macroeconomic reform and development activities in Ethiopia. …

WB Reaffirms Support For Implementation Of Macroeconomic Reforms In Ethiopia Read More »

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 …

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

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 …

Ethiopia-Japan Business And Investment Forum Held In Addis Ababa Read More »

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. …

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

The Managing Director of Operations (MDO) of the World Bank, Anna Bjerde along with World Bank Vice President for Eastern and Southern Africa, Victoria Kwakwa will visit Ethiopia from December 7-8, 2023, according to the Ministry of Finance. The objective of the visit is to enhance support for the people of Ethiopia and strengthen the …

World Bank Executives to Visit Ethiopia Read More »

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 …

Foundation Enables More Than 1.2 Million Ethiopians to Access Employment Read More »

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 …

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