Abu Dhabi set to enhance manufacturers’ access to financing
The Abu Dhabi Department of Economic Development (ADDED) has launched ‘Business Financing Facilitation Platform’ to enhance manufacturers’ access…
Manufacturing
TCO Development reveals key trends in IT products
IT products are a source of greenhouse gases throughout their entire life cycle — from manufacturing through to…
Indian top investments in Africa and concerns
By Woubishet Sisay – Indian investment in Africa has been steadily increasing over the years, as India seeks…
Impact, concerns and prospects of Chinese investments in Africa
By Andualem Sisay Gessesse – Official reports show that China has been Africa’s largest trading partner for 12…
FDI flows from Russia to Ethiopia
By Melaku Kinfegabriel – In recent years, Russian investors have shown an increasing interest in investing in Ethiopia,…
AfDB to make $11 million investment in BluePeak Private Capital Fund
The Board of Directors of the African Development Bank Group has approved an $11 million equity investment in…
446 manufacturing industries in Ethiopia stopped production
Because of the shortage of finance, infrastructure, and absence of coordinated support from the government, 446 manufacturing industries…
Ethiopia economy set to grow 8.7 percent this year
The Government of Ethiopia forecasted 8.7 percent economic growth for the current Ethiopia’s budget year started July 8,…
Why old industrialization pathways won’t work for Africa
As the world is embracing new technologies such as 3D printing, Africa is likely to lose hundreds of…
Manufacturing in Ethiopia promising investment, says top consulting firm
Manufacturing industries in Ethiopia remain to be the most promising and lucrative sectors for foreign investors, says head…
Ethiopia inaugurates COVID-19 testing kits manufacturing
Prime Minister of Ethiopia, Abiy Ahmed today inaugurated coronavirus (COVID-19) test kit manufacturing factory in the capital, Addis…
Ethiopia introduces 10 years plan to become prosperous
NEWS – Planning Commission of Ethiopia introduces a ten years development plan that targets cutting the number of…
Ethiopia advises Dutch investors to diversify investments
Ethiopia advises investors from the Netherlands (Dutch investors) to diversify their investments from the horticuture and flower industry…
Cepheus Capital invests in Lion Brands of Ethiopia
Cepheus Growth Capital Partners (Cepheus Capital) announces an investment into East African Lion Brands Manufacturing Share Company (Lion…
Africa business forum in Ethiopia to focus on prosperity
The third round of Africa Business Forum scheduled in Addis Ababa, Ethiopia next month is set to focus…
Ethiopia – Addis Ababa revokes 1,178 investment licenses
The capital of Ethiopia, Addis Ababa City, has revoked a total of 1,178 investment licenses for failure to…
Malaysian company to produce edible oil in Ethiopia
Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for…
Mekele to provide jobs for 23,000 youth
Mekele, the Capital of Tigray Region of Ethiopia provides land for investors who are set to create jobs…
From rural town to Ethiopia’s industrial hub
BY ANDUALEM SISAY GESSESSE – Tigist Kebede, 38, resides in Sebeta where she and her husband launched TGA…
Nigeria secures $1 billion for fertilizer plant
The International Finance Corporation (IFC), a member of the World Bank Group, today announced a new $1 billion…
Institutions collaborate to introduce staple crop processing zones in Africa
With objective of speedup the development of manufacturing industries in Africa the United Nations Industrial Development Organization (UNIDO)…
Johnson & Johnson wins Africa Innovation Challenge
Johnson & Johnson today named the winners of the first Africa Innovation Challenge at the Global Entrepreneurship Congress.
Ethiopia expects boosting textiles revenue tenfold to one billion dollar
Increasing its current earnings from textiles export by tenfold, Ethiopian government expects to generate one billion dollars per…
Nigerian delegation urges Afreximbank to finance Abia State’s industrialization effort
A delegation from Abia State of Nigeria, led by Governor Okezie Ikpeazu, today in Cairo conducted a one-day…
Djibouti, Afreximbank sign agreement for industrial development
Djibouti agreed with the African Export-Import Bank (Afreximbank) to collaborate in the financing and promotion of the country’s…
Return tax incentives or export Ethiopia warns agro-processors
By Andualem Sisay Gessesse – The Ethiopian government vows to force tax incentive beneficiary manufacturing companies return the…
Ethiopia aims learning from Kenya to improve its dairy sector
With aim of transforming Ethiopia’s dairy products using Kenyan experience, Schulze Global Investment (SGI), the United States based…
Ethiopians prefer driving home-grown cars
By Luc van Kemenade for newBusinessEthiopia.com With public purchasing power on the rise, Ethiopia’s small but emerging middle…
Italian company to introduce ‘Made as in Italy’ products in Ethiopia
Proras, Italian Engineering and Contracting company, which has been working in Ethiopia for the past nine years, invited…
Ardent Energy Group to outsource biofuel farm in Ethiopia
Ardent Energy Group Inc, a Nevada Corporation with a branch in Ethiopia engaged in a biodiesel fuel development…