newbusinessethiopia – New Business Ethiopia

Canada to expand investment in Ethiopia

February 8, 2020February 8, 2020 newbusinessethiopia

The Prime Minister of Canada, Justine Trudeau, who is visiting Ethiopia with his business delegation, said his country is keen to expand trade and investment in Ethiopia.

Tech-savvy Ethiopian youth brainstorm elections-related technology

December 16, 2019December 16, 2019 newbusinessethiopia

The U.S. Embassy in Addis Ababa conducted its latest hackathon, entitled “Digital Solutions to Elections-related Technology” which aimed at brainstorming on how to develop open source technology.

Bid to supply pesticides to Ethiopian corporation (Tender)

December 16, 2019December 16, 2019 newbusinessethiopia

Invitation for bid from Ethiopian Trading Businesses Corporation, the state agency, to supply pesticides and spraying equipment. Tender No.ET-ETBC-CPU/NCB-10/2019

Bunna Bank of Ethiopia profit up 46 percent

December 8, 2019December 14, 2019 newbusinessethiopia

Gross profit of Bunna International Bank of Ethiopia grew to 625 million birr (over $20 million at the current exchange rate) for the year ended June 30, 2019, which is 46.4 percent increase compared to the previous financial year.

Ethiopia’s Nib bank makes 928 million birr profit

December 7, 2019January 11, 2020 newbusinessethiopia

Nib International Bank Share Company, one of the private banks in Ethiopia announces gross profit of 928 million birr (close $30 million), which is 269 million birr up compared to the previous year.

Ethiopian CEO wins Airline Executive of the Year

December 7, 2019December 7, 2019 newbusinessethiopia

Mr. Tewolde GebreMariam, CEO of Ethiopian Airlines wins Airline Executive of the Year organized annually by CAPA Global Aviation.

Historic AU building in Ethiopia gets additional plot

December 7, 2019December 9, 2019 newbusinessethiopia

The Addis Ababa City Administration of Ethiopia signed agreement with the UN Economic Commission for Africa (ECA) on Friday granting the latter some 3,000 square meters of land around ECA compound.

French agency boss launches a book in Ethiopia

December 6, 2019December 6, 2019 newbusinessethiopia

Calling for a new mindset to reconcile differences at every stage of the society across the world, a new book by Remy Rioux, CEO of Agence Francaise De Development (AFD) entitled, “Reconciliations”, is launched today in Addis Ababa, Ethiopia.

OIL & GAS

Ethiopia reveals more info on petroleum test production

by NBE February 11, 2020February 12, 2020Comments Off

The Government of Ethiopia reveals additional information on the recent petroleum test production in the eastern part of the country, near Hilala gas discovery site in Somali Region Ogaden area.

Ethiopia begins selling its gas produce in local market

by NBE February 4, 2020February 6, 2020Comments Off

The Government of Ethiopia has began selling its gas produce in the local market. During the first six months of Ethiopia’s current fiscal calendar which started July 8, 2019, the country has used about 1,650 barrels of crude oil produced locally.

South Sudan invites international companies for oil field audit

January 10, 2020January 10, 2020Comments Off

British company finds gas reserve in Ethiopia

May 6, 2019May 6, 2019Comments Off

Ethiopia drafts petroleum policy

April 20, 2019April 20, 2019Comments Off

Ethiopia to sell Calub gas via Djibouti pipeline

February 17, 2019February 17, 2019Comments Off

TRAVEL

TOTAL Ethiopia introduces lubricant pack to tackle counterfeiting

by NBE February 21, 2020February 21, 2020Comments Off

TOTAL Ethiopia Share Company, affiliate of global integrated energy producer and provider, today introduced a new dynamic lubricant pack with innovative and premium design incorporating anti-counterfeiting features and improved labels and utility.

Airbus awards A350 fleets maintenance service to Ethiopian

by NBE February 17, 2020February 20, 2020Comments Off

Airbus, one of the largest aircraft manufacturer in the world, has given maintenance service of its latest jet Airbus A350 XWB to Ethiopian Airlines Group.