Kenya – New Business Ethiopia

Report lists Ethiopia among top ten investment destinations in Africa

January 17, 2019January 18, 2019 newbusinessethiopia

South Africa’s Rand Merchant Bank (RMB) new report, ‘Where to Invest in Africa’, listed Ethiopia among the top 10 African countries to invest in 2019.

Ethiopia eyes selling electric power to Gulf countries

January 14, 2019January 14, 2019 newbusinessethiopia

The Ethiopian Government expressed its plan to sell electric power to Gulf Countries by signing and agreement to launch feasibility study on Saturday.

Ethiopia benchmarks Kenya, France to form naval force

January 9, 2019January 9, 2019 newbusinessethiopia

The Government of Ethiopia, one of the largest landlocked countries in the world, says it is bench-marking making the experiences of Kenya and France to establish a naval force after it has abandoned its navy force some 27 years ago.

Ethiopia collects $3 billion tax in five months

January 1, 2019January 1, 2019 newbusinessethiopia

The government of Ethiopia has collected 83 billion (close to $3 billion) in the first five months of starting July 8, 2018.

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.

GE to deliver 100MW wind power project in Kenya

December 18, 2018December 18, 2018 newbusinessethiopia

GE Financial Service, GE Renewable Energy are set to deliver 100MW wind power project in Kenya. The Kipeto project will produce enough electricity to power the equivalent of 40,000 homes, according to GE’s press statement.