Ethiopia attracts 1.34 billion FDI in five months
Ethiopia has attracted $1.34 billion foreign direct investment (FDI) during the first five months of the current budget year of Ethiopia started July 8, 2021.
Ethiopia says the ball to stop war is in TPLF’s field
The latest decision made by the Government of Ethiopia not to enter Tigray Region chasing the TPLF fighters has put the ball to end the war in the field of TPLF, says…
Ethiopia to introduce new state company
The Government of Ethiopia is set to introduce a new investment company, labeled Ethiopia Investment Holdings (EIH).
Puratos enters Ethiopian market
Puratos Ethiopia has announced today that it has built the first of its kind food manufacturing factory and innovation hub in Ethiopia.
Andela Announces $200 million investment led by SoftBank
Andela, the global network for remote engineering talent, today announced $200 million in Series E financing that values the company at $1.5 billion.
Djibouti based investors to establish abattoir in Ethiopia
In a bid to best exploit & add value to the untapped massive livestock resource in Ethiopia, Djibouti based investors from different African countries have made a three days investment visit deciding…
Abidjan set to host Africa Investment Forum
The Africa Investment Forum will hold its 2021 Market Days in Abidjan, Côte d’Ivoire, from the 1-3 of December 2021.
Align Financial Holdings acquires NationsBuilders Insurance Services
Align Financial Holdings, LLC, a leading general agency and specialist program underwriting manager, announced that it has acquired NationsBuilders Insurance Services, Inc. (“NBIS”).
Ethiopia, Switzerland agree to avoid double taxation
The Government of Ethiopia today signed double taxation avoidance agreement with the Government of Switzerland.
Algeria’s Groupe Industriel Sidi Bendehiba to invest in Ethiopia
Algeria’s Groupe Industriel Sidi Bendehiba (GISB), which is specialized in electric cables production eyes investment opportunities in Ethiopia.
Bole-Lemi industrial park secures over $44Mn from export
Bole-Lemi Industrial Park has secured 44.5 million USD from export during the concluding Ethiopian fiscal year.
New ITC guide lays out the business case for sustainable investment
Guidance to invest sustainably in markets. Four companion guides complement the handbook by listing the mandatory sustainability requirements in Ethiopia, Kenya, Mozambique and Zambia.
Ministry calls for concerted efforts for sustainable regional growth
The Transport Minister of Ethiopia Dagmawit Moges called for concerted efforts among Ethiopia, Kenya and South Sudan to realize sustainable growth in the horn region.
Ambassador invites investors in Qatar to invest in Ethiopia
Ethiopian Ambassador to Qatar Samia Zekaria invited Qatari investors to tap the huge investment potential in Ethiopia.