bussines news

Ethiopia To Add Three More Flight Destinations In France

Ethiopian Civil Aviation Authority has signed a MoU with its French counterpart to add three more flight destinations in France. The agreement also includes the commencement of a week-long cargo flight to Marseille, France. The Aviation sector officials of the two countries have also reached an agreement to work in collaboration to reduce carbon emissions …

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IPDC Briefs French Business Delegation On Investment Opportunities In Ethiopia

Industrial Parks Development Corporation of Ethiopia (IPDC) and the Ethiopian Investment Commission (EIC) briefed French manufacturing companies and investors who expressed their keen desire to engage in multi-sectoral investments in Ethiopia regarding the enticing investment opportunities in industrial parks. IPDC CEO, Mr. Aklilu Taddese, and Deputy Commissioner of Ethiopian Investment Commission, Mr. Temesgen Tilahun elucidated …

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Ethiopia Earns Over 63.6mln USD From Gold Exports In Three Months

Ministry of Mines stated that Ethiopia has earned more than 63.6 million USD from gold exports during the first quarter of the fiscal year. While presenting the job performance of the institution to the House of Peoples Representatives, the Minister of Mines, Habtamu Tegegn, stated that the National Bank of Ethiopia has bought 719.6 kg …

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Ethiopian, and Chinese Investors Break Ground On 6bln Birr Steel Factory In Mekelle

 A joint venture formed by Ethiopian investors has unveiled the construction of a cement factory worth 6 billion birr in Mekelle City. President of the Tigray Interim Regional Administration, Getachew Reda, and other regional officials have attended the groundbreaking for ‘Legend Steel Factory’ which is believed to create job opportunities for the 6,000 youths upon …

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French Companies Exploring Investment Opportunities In Ethiopia

 Some 22 French companies from various sectors are in Ethiopia to explore and identify investment opportunities in the country. A delegation from MEDEF, the international branch of France’s primary business federation, is conducting a working visit to Ethiopia. The visit is part of France’s ongoing efforts to strengthen its economic presence in eastern and Horn …

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GTTC India-Ethiopia Forum Launched to Promote Trade and Investment Opportunities 

The GTTC India-Ethiopia forum, organized by the Ethiopian Embassy in New Delhi, was officially established on Saturday with the main objective of promoting trade and investment opportunities between the two countries by providing a platform for businesses to network and collaborate. The forum also aims to encourage cultural exchanges that can create better understanding and …

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EIC Team On A European Tour To Promote Ethiopia’s Investment Opportunities

A team of the Ethiopian Investment Commission led by Commissioner Lelise Nembe is on a European tour, engaging with over 20 anchor companies to showcase untapped investment opportunities in the thriving agro-processing sector in Ethiopia. “Agriculture is the backbone of our economy, and we’re ready to amplify its impact,” Commissioner Lelise Nember underscored. The Commissioner …

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Addis Ababa to Host International Mining, Technology Expo

International mining and technology expo will be inaugurated in Addis Ababa tomorrow at the Millennium Hall, the Ministry of Mines disclosed. The ministry is working to strengthen the mining sector by developing and promoting the sector using technologies, to attract foreign direct investment, the ministry said in a statement. The mining sector is one of …

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Japanese Business Delegation Arrives In Addis Ababa

 A Japanese business delegation composed of company representatives visited the Ethiopian Investment Commission (EIC) and held a discussion with the EIC Deputy Commissioner, Mr. Temesgen Tilahun. Mr. Temesgen highlighted various investment opportunities in Ethiopia, particularly in priority investment sectors and the Public-Private Partnerships (PPP), and Joint Venture (JV) investment opportunities readily available for Japanese investors. …

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