IFC to Lend $80 Million to MIDROC Ethiopia’s Hotel Development
The International Finance Corporation (IFC) is set to provide 80 million loan to MIDROC Ethiopia PLC (MEP), the hospitality arm of MIDROC Investment Group (MIG),
Hotel, hospitality business in Ethiopia
By Woubishet Sisay – The hotel and hospitality industry in Ethiopia has experienced significant growth and development in recent years.
Remembering the forgotten Ethiopian billionaire [OPINION]
By Col. Jamal Ahmed – I remember it was about ten years ago. Ethiopians from across the world and from different parts of the country were gathered in Addis Ababa to celebrate…
Saudi Star to install first rice processing plant in Ethiopia
Saudi Star Agricultural Development Plc, which is currently engaged in commercial rice farming in Ethiopia, is to construct rice processing factory with an investment capital of 125 million birr (around 9.6 million…