India – New Business Ethiopia

Half of worlds poor live in 5 countries including Ethiopia

January 11, 2019January 11, 2019 newbusinessethiopia

A new World Bank report reveals that out of the world’s 736 million extreme poor in 2015, 368 million—half of the total—lived in just 5 countries, including Ethiopia.

Ethiopia appoints new ambassadors to 17 countries

December 28, 2018December 28, 2018 newbusinessethiopia

As part of its political reform, the Government of Ethiopia has appointed new ambassadors to 17 countries, including The Hague, the United States, China and the United Arab Emirates.

Bahrain, India, Lesotho, South Africa win UN Investment Promotion Awards

October 24, 2018October 24, 2018 newbusinessethiopia

Agencies from Bahrain, India, Lesotho and South Africa have won top honours at the United Nations Investment Promotion Awards for excellence in boosting investment into sectors that will have social and economic benefits and help countries meet the Sustainable Development Goals (SDGs).

Germany shows interest to invest in Ethio Telecom

Ethiopia telecom privatization grabs Germany’s T-Systems attention

August 24, 2018August 24, 2018 newbusinessethiopia

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.

Africa, India trade grows ten fold

July 24, 2018August 1, 2018 newbusinessethiopia

Trade between Africa and India rose more than 10-fold between 2001 and 2014, making India Africa’s fourth-largest national trading partner, according to a new report jointly produced by the African Export-Import Bank (Afreximbank) and Exim Bank of India (Exim India).