The Government of Ethiopia, which has been on the process of privatizing telecom and opening the sector for competition, has said there will be only three competing telecom operators in the country.
Category: Investment
Ethiopia extends employment probation period
Ethiopian parliament today approved revised labor proclamation of the country, which increased the current employee probation period from 45 to 60 days.
Coca-Cola highlights Ethiopia’s investment potential in a new campaign
With the aim of showing the immense investment and tourist attractions of Ethiopia, Going Big in Ethiopia a new video campaign is launched in Addis on Thursday.
Ethiopian Parliament approves telecom liberalization law
Ethiopian parliament on Thursday approves “Communications Service Proclamation”, which officiates the liberalization of Ethiopia’s long-awaited telecom sector and allowing the establishment of a new telecom regulatory authority.
Ethiopia, Russia set to strengthen business ties
The governments of Ethiopia and Russia are set to expand business ties on multiple frontiers, ranging from nuclear energy development to Russians investment in mining in Ethiopia.
Ethiopia attracts $1.83 billion foreign direct investments
During the first nine months of Ethiopian calendar started July 8, 2018, Ethiopia has attracted foreign direct investment of $1.83 billion.
Ethiopia’s Oromia to create jobs for half a million youth
The Oromia Region of Ethiopia said it has invested 3.5 billion birr (close to $123 million) to create job opportunities for half a million youth.
Ethiopia considers opening media for foreign investors
The government of Ethiopia should consider to open the media industry for foreign investors, Ethiopian Investment Commission chief said.
Ethiopia opens aviation, energy for Kenyan investors
The Government of Ethiopia has invited Kenyan companies to invest in Ethiopia’s energy and aviation sector.
Over 150 Kenyan businesses storm Addis Ababa
Led by President Uhuru Kenyatta of Kenya, over 150 CEOs of major Kenyan companies arrive at Addis Ababa, Ethiopia, this morning for the high level bilateral meeting.
Ethiopia, Kenya set to boost trade, investment
Exciting time has come for Kenya and Ethiopia to boost their historic ties by strengthening trade and investment between them, says Kenyan Ambassador to Ethiopia. A high level Kenyan delegation led by President Uhuru Kenyata is expected to visit Addis…
Ethiopia to offer additional tax incentives to exporters
The boost its hard currency earnings and reduce unemployment, the government of Ethiopia is set to provide an additional tax incentive to investors engaged in exporting products and services.
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 for 22,900 youth.
ITC expands East Africa, India business partnerships
For the past few years Indian private sector has been partnering with East Africa countries on selected investment areas under a project initiated by the Geneva based International Trade Center (ITC).
Business license deactivation growing in Ethiopia
The number of businesses who deactivate their business licenses has been increasing over the past few years reaching 737,930.
Saudi Arabia releases Ethiopia – Saudi billionaire
Saudi Arabia has released Ethiopia – Saudi billionaire Sheikh Mohammed Hussein Ali AL-Amoudi who has been in jail for corruption charges along other Saudi billionaires.
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