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Ethiopia reaps rewards of tax policy reform

May 6, 2019

Revenue collection in Ethiopia has increased significantly after the government implemented tax reforms to boost resources, said the African Development Bank (AfDB).

British company finds gas reserve in Ethiopia

British company finds gas reserve in Ethiopia

May 6, 2019

NewAge (African Global Energy Ltd), the British energy company has discovered 1.6 trillion cubic feet of natural gas reserve in the Ogaden basin of Somali Region of Ethiopia, local media reported.

New brewery unveils Anbessa Beer in Ethiopia

New brewery unveils Anbessa Beer in Ethiopia

May 4, 2019

United Beverages, a new entrant to the beer industry of Ethiopia, revealed “Anbessa Beer” a new brand showcasing an emblem of a lion on the move, with the tagline “crafted with courage”.

Euro Cable Ethiopia set to triple production

Euro Cable Ethiopia set to triple production

May 2, 2019

Euro Cable Private Limited Company, a joint venture between Ethiopian and Turkish, today inaugurates a new factory that triples its existing electric cable production capacity.

World Bank President visits Ethiopia

World Bank President visits Ethiopia

May 2, 2019

The President of the World Bank Group (WBG), David Malpass, who met Ethiopian government officials in Addis Ababa, expressed his institution’s support to the ongoing economic reform of Ethiopia.