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Singapore business delegation eyes prospects in Ethiopia
By Eskedar Kifle A Singapore business delegation visited Ethiopia with the aim of assessing investment opportunities in the country. At a press conference held on Tuesday, the business...
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Manufacturing Sector Seeks Boost in New Institutions
By YETNEBERK TADELE Addis Fortune source: http://addisfortune.net/articles/manufacturing-sector-seeks-boost-in-new-institutions/ Country hopes training workers will bridge gap between target and...
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USAID Launches Project to Support Wheat Processing
By Yetneberk Tadele Fortune Staff Writer Speaking at the launching of the program, Jason D. Fraser, deputy mission director of USAID Ethiopia, left, Gary Robbins, chief officer of Economic Growth...
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Ethiopia looks to China for extra Railway Finance
By Muluken Yewondwossen Wednesday, 24 April 2013 Officials of the Ethiopian Railway Corporation (ERC) and the Ministry of Finance and Economic Development (MoFED) have travelled to China to secure...
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Genale Dawa Power Project Progressing, Says Ethiopian Government
Friday, 03 May 2013 – NewBusinessEthiopia.com Twenty-six percent of the 254 Mega Watts Genale Dawa Hydro Electric Power project which was launched mid-2012, is completed, says an Ethiopian government...
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Ethiopia is the New Sourcing Destination
There is another rising star for sourcing garnets; this time from Africa. Ethiopia is fast coming up in its efforts to push up its textile and garment industry and offer competitive prices in the...
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How Big is Corruption in Ethiopia? $16.5 Billion Lost to Illegal Smuggling of...
Global Financial Integrity says Ethiopia lost US$16.5 Billion to illicit financial outflows in the last decade Tadias Magazine By Tadias Staff Published: Monday, May 13th, 2013 New York ((TADIAS) –...
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Germans Helping Their Ethiopian Friends In Many Different Ways
Ethiopia Deutsche Gesellschaft für Internationale Zusammenarbeit logo GIZ has been working in Ethiopia on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) since...
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Sur Construction Slates Completion of Two Billion Birr Road Projects
Friday, 07 June 2013 BY NEW BUSINESS ETHIOPIA REPORTER Sur Construction Private Limited Company has revealed that it plans to finish and hand over 2.07 billion birr (around 110 million US dollars)...
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Egyptians invest $50m in Ethiopia amid escalating tensions
Three Egyptian projects worth $50m will be launched in Ethiopia’s first industrial zone over the next month in an attempt to strengthen Egyptian-Ethiopian ties, according to the head of the Badr...
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Allana Potash Provides Project Update and Files NI 43-101 Technical Report
TORONTO, ONTARIO–(Marketwired – Aug 7, 2013) - Allana Potash Corp. (AAA.TO) (ALLRF) (“Allana” or the “Company”) provides project update and announces that it has filed a technical report entitled...
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Chinese shoemakers tighten belt to invest millions in Ethiopia
International shoe giant Huajian International has been praised by the Ethiopian government for the establishment of a shoe manufacturing factory in just three months. Zhnag Hua Rong, owner and...
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Ethiopia: A lot of hot air over gas
Part of Ethiopia’s geology resembles the oil and gas fields of the Middle East and, indeed, natural gas fields were first discovered as far back as 1972. Despite the fact that commercially viable...
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11 January 2014 News Roll
Tullow to start mobilization to Chew Bahir Tullow will soon drill the Shimela well 11 January 2014 Written by Kaleyesus Bekele The British Oil company that is...
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Telecom deal by ZTE, Huawei in Ethiopia faces criticism
By Matthew Dalton Lake Wenchi, Ethiopia—In the green highlands here southwest of Addis Ababa, farmers like Darara Baysa are proud owners of cellphones that run on a network built by China’s ZTE...
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Ethiopia strides forward with the GTP
Yemeserach Hune Tigrai Onlne – January 10, 2014 Ethiopia has been working to reach the middle-income status in 20 to 30 years for the last decade. Under a committed leadership and well-crafted...
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Ministry of Mines Installs New Head
Tolessa Shagi (pictured above), the former state minister for Mines, now takes the driving seat as a minister. - Some questioned why one of only four women with a ministerial portfolio had been...
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Djibouti Backs Down from Ultimatum on Cargo Clearance
Workneh Gebeyehu, (pictured above) Ethiopian authorities pledge to push businesses to live up to their promises The government of Djibouti has backed down from its earlier decision to change cargo...
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14 January 2014 News Round Up
New Water Services Institution Developed to Tackle Multi-Dimensional Tasks The new institution seeks to fix some of the current issues stunting major developments in the sector Hailemeskel Tefera,...
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17 January 2014 News Briefs
. Authority signs road project contract agreements . The Ethiopian Road Authority (ERA) signed 6.5 billion birr three road project contract agreements with China Communications Construction Company...
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