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Wednesday, March 3, 2021
Latest:
  • Ethiopians celebrate African victory over European colonialists
  • UN agency launches Africa green recovery report
  • Ethiopia tells U.S. to stop dictating its internal affairs
  • Amhara Bank joins Ethiopia’s banking industry
  • Ethiopia to convert cloud into rain using iodine
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By BEHAK Multimedia – Business & Investment Stories Since 2009

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Hospitality

Cape Town set for first Hyatt Hotel
Hospitality 

Cape Town set for first Hyatt Hotel

October 23, 2020October 23, 2020 NBE Cape Town, Hyatt Hotel, Hyatt Hotels Corporation, Hyatt Regency Hotel, Johannesburg, Nairobi, The Kilimanjaro

Hyatt Hotels Corporation announced today that a Hyatt affiliate has entered into a management agreement with South African real estate

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Hospitality 

Addis Airport unveils its new aviation infrastructure

August 27, 2020 NBE Addis Ababa, airport terminal, Bole International Airport, Ethiopia, Ethiopian, Ethiopian Airlines Group

Ethiopian Airlines Group, the Largest Aviation Group in Africa is pleased to announce that it has successfully completed a new

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Ethiopia injects $98 million into hospitality industry
Hospitality 

Ethiopia injects $98 million into hospitality industry

May 14, 2020May 14, 2020 Ethiopia, Ethiopia Ministry of Finance, hospitality industry, hotels in Addis Ababa, stimulus, tourist arrival

The Government of Ethiopia has provided 3.3 billion birr (about $98 million at current exchange rate) stimulus money to the

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Hospitality 

CityBlue Hotels announces bold move in Mauritius

September 26, 2019September 26, 2019 Addis Ababa, Africa Hotel Investment, CityBlue Hotels, Ethiopia, Mauritius, Mombasa

Sub-Saharan Africa’s fastest growing local hotel chain; CityBlue Hotels today announced the takeover of Landmark City Hotel in Quatre Bornes,

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Hospitality 

Hilton reaches 100 hotel milestone in Africa

September 23, 2019September 24, 2019 Africa, Hilton

Hilton today signs a deal which marks the first for the brand in Africa and a milestone of 100 hotels

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Marriott eyes expanding presence in Ethiopia
Hospitality 

Marriott eyes expanding presence in Ethiopia

April 19, 2019April 19, 2019 NBE Addis Ababa, Arne Sorenson, Ethiopia, Marriott, President Sahle-Work Zewde of Ethiopia, Samuel Tafese, Sunshine Investment Group

President and CEO of Marriot International, Arne Sorenson, who met Ethiopia’s President Sahle-Work Zewde in Addis Ababa this morning, expresses

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Ethiopia scores highest tourism growth in the world
Hospitality 

Ethiopia scores highest tourism growth in the world

April 15, 2019April 15, 2019 NBE Ethiopia, tourism, Tourism Council, tourism growth, tourism income, World Travel

The World Travel and Tourism Council’s (WTTC) annual review ranks Ethiopia top scoring country in the world in tourism growth

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Addis to host Africa Hotel Investment Forum
Hospitality 

Addis to host Africa Hotel Investment Forum

March 12, 2019March 12, 2019 Addis, Addis Ababa, Africa, Ethiopia, hotel, Investment, Sheraton Hotel

Attracting many prominent international hotel owners, investors, financiers, management companies and their advisers, the Africa Hotel Investment Forum (AHIF), is

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Marriott International announces expansion in Africa
Hospitality 

Marriott International announces expansion in Africa

February 8, 2019 Four Points, Ghana, King Cole Bar, Liberia, Marrakech, Marriott Accra Kotoka Airport, Marriott International, Morocco, New York, Protea Hotel, Residence Inn, Sheraton Ikot Ekpene, Sheraton Monrovia, St. Regis Marrakech Resort

Expanding its presence across Africa, Marriott International announced three new deal signings across North and West Africa.

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Oil & Gas

Ethiopia launches study to process natural gas
Oil & Gas 

Ethiopia launches study to process natural gas

April 28, 2020April 28, 2020

The Government of Ethiopia has awarded a yearlong study to a United States company to realize conversion of its natural

Ethiopia reveals more info on petroleum test production
Oil & Gas 

Ethiopia reveals more info on petroleum test production

February 11, 2020February 12, 2020 NBE
Ethiopia begins selling its gas produce in local market
Oil & Gas 

Ethiopia begins selling its gas produce in local market

February 4, 2020February 6, 2020 NBE
South Sudan invites international companies for oil field audit
Oil & Gas 

South Sudan invites international companies for oil field audit

January 10, 2020January 10, 2020 newbusinessethiopianews

Construction

New factory to solve cement shortage in Ethiopia
Construction 

New factory to solve cement shortage in Ethiopia

February 26, 2021February 26, 2021 gessesse

A new cement factory under construction with 7,000 metric tons of production capacity per day is set to solve the

Price Watch points to construction sector key driver of growth
Construction 

Price Watch points to construction sector key driver of growth

February 25, 2021 gessesse
$456 million asphalt roads to connect Ethiopia with neighbors
Construction 

$456 million asphalt roads to connect Ethiopia with neighbors

February 3, 2021February 3, 2021 newbusinessethiopianews
Butajira City infrastructure investment paying off
Construction 

Butajira City infrastructure investment paying off

February 2, 2021February 3, 2021 newbusinessethiopianews

Culture & Tourism

Ethiopia to celebrate its victory that ‘turned the world upside down’
Culture & Tourism 

Ethiopia to celebrate its victory that ‘turned the world upside down’

February 8, 2021February 8, 2021 NBE

Ethiopia today launches a month long celebration of the 125th anniversary of Battle of Adwa, the first victory of Africans

Ethiopia introduces zero profit tax incentive to boost tourism
Culture & Tourism 

Ethiopia introduces zero profit tax incentive to boost tourism

December 30, 2020December 30, 2020 newbusinessethiopianews
Ethiopia inaugurates new tourist attraction in Addis Ababa
Culture & Tourism 

Ethiopia inaugurates new tourist attraction in Addis Ababa

October 10, 2020October 12, 2020 NBE
Exotic Ethiopian Adventures eyes venturing with foreign companies
Culture & Tourism 

Exotic Ethiopian Adventures eyes venturing with foreign companies

August 24, 2020August 24, 2020 NBE

Payoneer – Payment Solution

Payoneer – Digital Payment Solution

Energy

Conducive energy regulatory environment to attract investment in Africa
Energy 

Conducive energy regulatory environment to attract investment in Africa

February 25, 2021February 25, 2021 gessesse

The energy sector experts from the government of Seychelles, the UN Economic Commission for Africa and the RES4Africa Foundation held

African Ministers’ Council on Water assembly opens today
Energy 

African Ministers’ Council on Water assembly opens today

February 18, 2021February 18, 2021 gessesse
Siemens Gamesa set to produce 100 MW wind energy in Ethiopia
Energy 

Siemens Gamesa set to produce 100 MW wind energy in Ethiopia

January 5, 2021 newbusinessethiopianews
Ethiopian parliament approves nuclear deal with Russia
Energy 

Ethiopian parliament approves nuclear deal with Russia

December 3, 2020December 3, 2020 newbusinessethiopianews

Mining

Ethiopians celebrate African victory over European colonialists
Investment 

Ethiopians celebrate African victory over European colonialists

March 2, 2021March 2, 2021 gessesse

Ethiopians today celebrated the 125th anniversary of the Battle of Adwa, the first African victory over European colonialists in in

UN agency launches Africa green recovery report
Environment 

UN agency launches Africa green recovery report

March 2, 2021 gessesse
Ethiopia tells U.S. to stop dictating its internal affairs
Politics 

Ethiopia tells U.S. to stop dictating its internal affairs

March 1, 2021March 1, 2021 gessesse
Amhara Bank joins Ethiopia’s banking industry
Finance 

Amhara Bank joins Ethiopia’s banking industry

February 28, 2021 gessesse
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