With aim of transforming Ethiopia’s dairy products using Kenyan experience, Schulze Global Investment (SGI), the United States based private equity firm, acquired 45% of share in Family Milk, one of the top diary producing firm in the country.
With the aim of tackling the growing number of poor in urban areas, Ethiopian government in collaboration with the World Bank today launch a 450 million urban safety net program.
To boost the number of people in Ethiopia who use electronic payment systems, a technology firm and a local bank have introduced merchant loyalty prepaid shopping electronic card system.
By Andualem Sisay Gessesse –Ethiopia is battling to stop the outflows of billions of dollars every year through trade misinvoicing in collaboration with foreign partners, the country’s tax authority official said.
The governments of Ethiopia and Kenya, in partnership with the Intergovernmental Authority on Development (IGAD) and the United Nations launched a $200 million cross-border initiative.
Speaking at the Economist Ethiopia Summit panel in the capital Addis Ababa this week, an Ethiopian government official told participants that the country has no intention at all to open telecom market…
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As e-commerce continues to gain popularity across the African continent, more effort needs to be paid towards facilitating flawless delivery to customers. This is further supported by the Global e-Commerce Logistics 2015…
BY ELIAS GEBRESELASSIE WOLDEGEBRIEL After a long period of negotiation, a final signing ceremony for the Wediya- Mekelle 268 kilometers is to be signed early 2015, signaling the start of its official…
Ethiopia is set to expand its airport reach with construction of three airport runways in three major regional cites, with a capacity to host big jets like B737.
The Pan African Chamber of Commerce and Industry (PACCI) and the African Union on Thursday signed a partnership agreement in Addis Ababa to speed up free trade and economic integration in the…
Ethiopian government says it would target up to 1,200 Megawatts (MW) of electricity from nuclear energy as part of the objectives under is national energy expansion master plan.
BY ANDUALEM SISAY GESSESSE – Kasim Yirga was only 19 when he was first recruited by Modjo Tannery some 30 years ago. Today, earning 1,000 birr per month — the equivalent to around…
BY ANDUALEM SISAY GESSESSE – Sitting on an old mattress in front of a small house in Kimukunda village in the Rakai District of southern Uganda, Teddy Nakawoeisi, 60, is waiting for her…