Kenya – New Business Ethiopia

Regional block calls for Somalia Debt cancellation

February 16, 2019 newbusinessethiopia

The Executive Secretary of the Intergovernmental Authority on Development (IGAD), Ambassador Mahboub Maalim, expresses support for the African Union’s (AU’s) call for the cancellation of Somalia’s debt.

Towards Singapore of Bab el Mandeb

February 16, 2019February 17, 2019 newbusinessethiopia

BY ANDUALEM SISAY GESSESSE – Following the recent restoration of ties between Ethiopia and Eritrea, many speculated that Djibouti’s economy would suffer. This is because the tiny East African country’s economy has been benefiting hugely after Ethiopia stopped using Asab Port in Eritrea two decades ago.

UN urges Africa to create 60 million jobs in pharmaceuticals

February 12, 2019February 12, 2019 newbusinessethiopia

African continent can create jobs to 60 million in drug industries if the continent invest in the manufacturing of pharmaceuticals products locally, says UN official.

28 countries join Single Africa Air Transport Market

February 10, 2019February 10, 2019 newbusinessethiopia

The number of Africa countries that joined Single Africa Air Transport Market (SAATM) has reached 28 says, the Africa Union Commission.

Ethiopia passes continental free trade deal

February 2, 2019February 2, 2019 newbusinessethiopia

The Council of Minister of Ethiopia today approves the African Continental Free Trade Agreement (AfCFTA), which envisages creating the largest common market in the world.

Ethiopia detains 56 foreigners for cocaine, cannabis trafficking

January 31, 2019January 31, 2019 newbusinessethiopia

The narcotic division of Federal Police of Ethiopia has arrested 56 foreigners from 15 different countries involved in cocaine and cannabis trafficking.

ITC expands East Africa, India business partnerships

January 28, 2019February 1, 2019 newbusinessethiopia

For the past few years Indian private sector has been partnering with East Africa countries on selected investment areas under a project initiated by the Geneva based International Trade Center (ITC).

Ethiopian athletes storm Dubai Marathon

January 25, 2019January 25, 2019 newbusinessethiopia

Ethiopia Athlete Getaneh Molla wins Dubai Marathon this morning registering the best time in Dubai Marathon history 2 hours, three minutes and thirty four seconds (2:03:34).