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Sunday, April 11, 2021
Latest:
  • Ethiopian Airlines marks 75th anniversary
  • New Commercial Code of Ethiopia’s implications
  • Boosting investment for infrastructure, energy in Africa
  • Ethio Telecom, Huawei launch 4G LTE in East Ethiopia
  • Ethiopia extends telecom license telecom bidding date
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By BEHAK Multimedia – Business & Investment Stories Since 2009

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import

Tadjoura Port of Djibouti begins serving Ethiopia
Trade 

Tadjoura Port of Djibouti begins serving Ethiopia

October 3, 2020 NBE China, coal, Djibouti, Ethiopia, export, fertilizer, import, Ministry of Transport, potash, sugar, Tadjoura Port, Wheat

The new Tadjoura Port of Djibouti began this week serving northern Ethiopian regions allowing the country to import and export

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Health 

Ethiopian agency spent $450 million on medicines

October 1, 2020October 1, 2020 NBE Ethiopia, import, medicines, pharmaceutical

Ethiopian Pharmaceuticals Supply Agency (EPSA), the state agency in charge distributing medicines and medical equipment to state health centers, said

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Europe becomes major destination for Ethiopian commodities
Trade 

Europe becomes major destination for Ethiopian commodities

September 26, 2020 NBE China, Ethiopia, European countries, export, foreign exchange, import, leather, petroleum import, textiles, U.S.

Taking over the U.S and China markets, European countries have become the major importers of Ethiopian commodities during the budget

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Ethiopia urged to ease import, export for the youth
Trade 

Ethiopia urged to ease import, export trade for youth

August 26, 2020August 26, 2020 NBE AfCFTA, AGOA, Amazon, e-commerce, Ease of Doing Business, Ethiopia, Ethiopians in the United States, export, import, jobs, trade law

The Government of Ethiopia is urged to ease its system and allow its growing number of youth to easily engage

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Ethiopia economy declines 11 percent by COVID-19
Economy 

Ethiopia economy declines 11 percent by COVID-19

April 27, 2020April 27, 2020 Balance of payment, coronavirus, COVID-19, economic impacts, Economy, Ethiopia, export, import, poverty, social impacts

The economy of Ethiopia will shrink between 5.6 to 11 percent as a result of coronavirus (COVID-19) pandemic, stated a

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Ethiopia to provides $460 million to private banks
Finance 

Ethiopia to provides $460 million to private banks

March 27, 2020March 27, 2020 Commercial Bank of Ethiopia, debt relief, Ethiopia, export, hospitality industry, hotel, import, liquidity, National Bank of Ethiopia, private banks, Trade

In an effort to rescue the economy from collapsing due to COVID-19 pandemic, the Government of Ethiopia orders the central

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Trade 

Ethiopia’s export earning continues to decline

August 11, 2019August 12, 2019 electronics, Ethiopia, export, flower, gold, Honey, import, pharmaceuticals, tantalum, textiles

Ethiopia’s export performance which has been declining since 2012, has dropped by $170 million for the fiscal year concluded July

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Ethiopia imports 135, 457 vehicles in a year
Trade 

Ethiopia imports 135, 457 vehicles in a year

August 3, 2019August 3, 2019 Addis Ababa, Afar Region, Amhara, Benishangul Gumz, Dire Dawa, Ethiopia, Gambella Region, Harar, import, Oromia, Somali Region, Southern Region of Ethiopia, Tigray, vehicles

The total number of vehicles Ethiopia has imported and registered last year (the fiscal year ended July 7, 2019) has

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Malaysian company to produce edible oil in Ethiopia
Manufacturing 

Malaysian company to produce edible oil in Ethiopia

April 23, 2019April 23, 2019 NBE edible oil, Ethiopia, Golden Africa, import, Malaysian, Manufacturing, oilseeds, Trade

Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for 1,500 people

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Construction

New factory to solve cement shortage in Ethiopia
Construction 

New factory to solve cement shortage in Ethiopia

February 26, 2021February 26, 2021 gessesse

A new cement factory under construction with 7,000 metric tons of production capacity per day is set to solve the

Price Watch points to construction sector key driver of growth
Construction 

Price Watch points to construction sector key driver of growth

February 25, 2021 gessesse
$456 million asphalt roads to connect Ethiopia with neighbors
Construction 

$456 million asphalt roads to connect Ethiopia with neighbors

February 3, 2021February 3, 2021 newbusinessethiopianews
Butajira City infrastructure investment paying off
Construction 

Butajira City infrastructure investment paying off

February 2, 2021February 3, 2021 newbusinessethiopianews

Oil & Gas

Ethiopia launches study to process natural gas
Oil & Gas 

Ethiopia launches study to process natural gas

April 28, 2020April 28, 2020

The Government of Ethiopia has awarded a yearlong study to a United States company to realize conversion of its natural

Ethiopia reveals more info on petroleum test production
Oil & Gas 

Ethiopia reveals more info on petroleum test production

February 11, 2020February 12, 2020 NBE
Ethiopia begins selling its gas produce in local market
Oil & Gas 

Ethiopia begins selling its gas produce in local market

February 4, 2020February 6, 2020 NBE
South Sudan invites international companies for oil field audit
Oil & Gas 

South Sudan invites international companies for oil field audit

January 10, 2020January 10, 2020 newbusinessethiopianews

Culture & Tourism

Ethiopia to celebrate its victory that ‘turned the world upside down’
Culture & Tourism 

Ethiopia to celebrate its victory that ‘turned the world upside down’

February 8, 2021February 8, 2021 NBE

Ethiopia today launches a month long celebration of the 125th anniversary of Battle of Adwa, the first victory of Africans

Ethiopia introduces zero profit tax incentive to boost tourism
Culture & Tourism 

Ethiopia introduces zero profit tax incentive to boost tourism

December 30, 2020December 30, 2020 newbusinessethiopianews
Ethiopia inaugurates new tourist attraction in Addis Ababa
Culture & Tourism 

Ethiopia inaugurates new tourist attraction in Addis Ababa

October 10, 2020October 12, 2020 NBE
Exotic Ethiopian Adventures eyes venturing with foreign companies
Culture & Tourism 

Exotic Ethiopian Adventures eyes venturing with foreign companies

August 24, 2020August 24, 2020 NBE

Energy

Angola secures $530 million for energy project
Energy 

Angola secures $530 million for energy project

March 18, 2021March 18, 2021 gessesse

The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission

Experts to reflect on sustainable industrialization in Africa
Energy 

Experts to reflect on sustainable industrialization in Africa

March 9, 2021March 9, 2021 gessesse
Africans discuss energy regulatory environment to attract investment
Energy 

Africans discuss energy regulatory environment to attract investment

March 4, 2021 gessesse
Conducive energy regulatory environment to attract investment in Africa
Energy 

Conducive energy regulatory environment to attract investment in Africa

February 25, 2021February 25, 2021 gessesse

Mining

Ethiopian Airlines marks 75th anniversary
Travel 

Ethiopian Airlines marks 75th anniversary

April 8, 2021 gessesse

Ethiopian Airline Group (Ethiopian), the fully state owned largest Pan-African aviation group, celebrates its 75th anniversary today, April 8, 2021.

New Commercial Code of Ethiopia’s implications
Trade 

New Commercial Code of Ethiopia’s implications

April 8, 2021April 8, 2021 gessesse
Boosting investment for infrastructure, energy in Africa
Investment 

Boosting investment for infrastructure, energy in Africa

April 8, 2021 gessesse
Ethio Telecom, Huawei launch 4G LTE in East Ethiopia
Technology 

Ethio Telecom, Huawei launch 4G LTE in East Ethiopia

April 8, 2021April 8, 2021 gessesse
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