New Business Ethiopia

Industrial parks in Ethiopia have exported worth $122 million products during the first nine months of current Ethiopian fiscal year started July 8, 2019.

Prime Minister Abiy Ahmed of Ethiopia today said his administration is working to address food and housing shortage in the country.

The government of Ethiopia and global fashion brands have failed Ethiopians working in the textiles factories ignoring the lowest wage in the world the employees are getting, a new study said.

The government of Ethiopia has secured $103 million export earnings from products manufactured in industrial parks over the first nine months of its fiscal year started July 8, 2018.

The President Of Kenya Uhuru Kenyatta visits Hawassa Industrial Park of Ethiopia today along with Prime Minister of the host country Abiy Ahmed.

Introduced over the past few years, the nine operational industrial parks in Ethiopia have created a total of 64,000 jobs.

Following Capacity Building from the United States Forest Service, Addis Ababa Fire Fighters Share Experience and Expertise with Hawassa Industrial Park.

Foreign Direct Investment (FDI) into Ethiopia, the 8th largest economy in Africa, has declined by 10% to $3.6 billion in 2017 as compared to the previous year. Meanwhile the country has continued to attract investments in light manufacturing industries, says a UN report.