With the aim of encouraging new private investments in tourist attraction sites, the Government of Ethiopia has introduced a zero profit tax for new investments in hospitality sector near seven tourist attraction sites of the country.
Exotic Ethiopian Adventures, one of the fastest growing tour operating companies in Ethiopia, says it is keen in expanding its network by joint venturing with foreign companies engaged in the tourism sector.
JLL, one of the world’s leading real estate investment and advisory firms, released its overview of the Hotel industry in Ethiopia. The report examines the factors that make Ethiopia a unique tourist destination as well as the impact of COVID-19 on tourism in the region.
NEWS – Planning Commission of Ethiopia introduces a ten years development plan that targets cutting the number of people living below poverty line by more than half.
Amidst the challenges faced by the outbreak of the global pandemic, coronavirus, Ethiopian economy is expected to grow by six percent this year, Prime Minister Abiy Ahmed said.
ANDUALEM SISAY GESSESSE – Djibouti has registered remarkable economic growth over the past decade, mainly after its ports began handling Ethiopia’s import and export trade.
A planning meeting for the “International Centre for the Study of the Preservation and Restoration of Cultural Property” ICCROM’s new Africa programme is set to be held at the Egyptian Academy of Fine Arts in Rome, Italy.
