German – New Business Ethiopia

German bank invests 300 million Euro in Ethiopia

December 14, 2019December 14, 2019newbusinessethiopianews

KfW Development Bank of Germany has invested over 300 million Euro in Ethiopia over the past years supporting vocational education.

German MP urges Ethiopia to avoid deadly unrest after election

December 3, 2019December 5, 2019

Member of Parliament of Germany and Vice chairman of the Konrad Adenauer Foundation,Hermann Grohe, urges Ethiopia to avoid “at all cost” the kind of after election unrest that claims over 1,500 lives in the neighboring Kenya in 2007.

African countries advised to improve land database

November 28, 2019November 28, 2019

Michael Lipton, Emeritus Professor of Economics at Sussex and Emeritus Fellow at the Institute of Development Studies advised Sub-Saharan Africa countries to improve their database on land in order to address land governance challenges.

Hyundai opens car assembly in Ethiopia

February 21, 2019February 21, 2019

The Korea auto brad Hyundai has opened a assembly plant in Ethiopia. The Assembly is opened by the agent of Hyundai in Ethiopia, Marathon Motors, which is owned by Ethiopian Olympic medalist, Athlete Haile Gebresillassie.

German president arrives Ethiopia

January 27, 2019January 27, 2019

For four days’ official visit President of German Frank-Walter Steinmeier is set to arrive Addis Ababa, Ethiopia this afternoon.

Germany shows interest to invest in Ethio Telecom

Ethiopia telecom privatization grabs Germany’s T-Systems attention

August 24, 2018August 24, 2018

The German Development Cooperation Minister, Gerd Muller, who is on official visit to Ethiopia, says German’s telecom giant, T-Systems operated by Deutsche Telecom Group is interested to joint venture with Ethio Telecom.

BASF acquires Bayer’s vegetable seeds business

August 16, 2018August 16, 2018

BASF, a German chemical company with businesses across the world, today closed acquisition of Bayer’s global vegetable seeds business, mainly operating under the brand Nunhems®.

Uganda gets protection to renewable energy projects

July 27, 2018August 1, 2018

Uganda becomes the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), which will offer protection to new small and mid-sized renewable energy projects (up to 50 MW) in Sub-Sahara Africa.