housing – New Business Ethiopia

Ethiopia PM promises to address food, housing shortage

October 22, 2019October 22, 2019 newbusinessethiopia

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

Djibouti exploiting its advantages

February 17, 2019February 17, 2019 newbusinessethiopia

ANDUALEM SISAY GESSESSE – Djibouti has registered remarkable economic growth over the past decade, mainly after its ports began handling Ethiopia’s import and export trade.

Dire Dawa Administration fires 76 officials

January 3, 2019January 3, 2019 newbusinessethiopia

The Dire Dawa City Administration located in the eastern part of Ethiopia, fires 76 officials who failed to exercise good governance and address the issue the public has been complaining about.

U.S. provides $900 million to Africa, Asia, Latin America projects

September 14, 2018September 14, 2018 newbusinessethiopia

The Overseas Private Investment Corporation (OPIC) of the United States government on Thursday approved $895 million in financing and political risk insurance across seven projects that will advance development in Africa, Asia and Latin America.

agriculture and tourism- Photo- The East African

Development Finance Forum to Promote Affordable Housing in Rwanda

September 12, 2018September 12, 2018 newbusinessethiopia

The World Bank Group today launched the Development Finance Forum in Kigali, Rwanda, for global public and private sector leaders to explore and demonstrate strategies to boost private sector investment in East Africa’s priority sectors, notably, housing, agriculture and tourism.

Capital markets, high impact sectors in Africa secure funding

April 13, 2018April 23, 2018 newbusinessethiopia

Overseas Private Investment Corporation (OPIC), the African Development Bank (AfDB) and ALCB Fund Board Members have signed a loan agreement to support high impact sectors in Africa focusing on housing, agriculture and SMEs.

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

Ethiopian mobile App hits 1 million downloads

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

The number of Ethiopian Airlines mobile App users has reached one million. With a robust and integrated digital strategy, Ethiopian has set an innovative approach to simplicity and seamless end-to-end customer experience with its user-friendly mobile App.