ZICO coconut water – New Business Ethiopia

Manufacturing

Classic Sugarless Coca-Cola comes to Ethiopia

The Coca-Cola Company brings the refreshing taste of classic Coca-Cola without sugar to consumers in Ethiopia. It officially launches the ew product this week.

Politics

Europe provides 170 million Euros to Ethiopia’s reform

December 8, 2019December 8, 2019 newbusinessethiopianews Comments Off

The European Union provides 170 million Euros to the government of Ethiopia supporting the political and economic reforms the east African country embarked on.

Historic AU building in Ethiopia gets additional plot

December 7, 2019December 9, 2019 newbusinessethiopia Comments Off

German MP urges Ethiopia to avoid deadly unrest after election

December 3, 2019December 5, 2019 newbusinessethiopia Comments Off

Economy

IMF to provide seven-fold finance to Ethiopia

December 11, 2019December 11, 2019 newbusinessethiopianews Comments Off

Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level to provide the latter 700% more than its quota.

Over 83% of Ethiopians suffer from multidimensional poverty

December 10, 2019December 10, 2019 newbusinessethiopianews Comments Off

French agency boss launches a book in Ethiopia

December 6, 2019December 6, 2019 newbusinessethiopia Comments Off

Finance

Abyssinia Bank makes one billion birr profit

December 9, 2019December 9, 2019 newbusinessethiopianews Comments Off

Bank of Abyssinia, one the private banks in Ethiopia, makes the biggest gross profit in the Bank’s history, 1.02 billion birr (close to $32.8 million at the current exchange rate), for the financial year concluded June 30, 2019.