Ethiopia launches $2.2 billion industry park construction
A new private industrial park, Lemi National Cement Industrial Complex, that requires $2.2 billion investment capital is set to be built in Amhara region of Ethiopia by private investors.
Experts discuss free movement of people in Africa
Policymakers attending the meeting that discussed the partnerships for a free and regulated movement of people in Africa called for stronger collaboration between relevant institutions and governments to address the problems of…
European logistics investment soared to $46.5 billion in 2020
ECommerce growth in Europe drove logistics investments up to €38.64 billion ($46.5 billion) in 2020. It was the highest figure on record since 2013 and was driven by a record up-take of…
Ethiopia attracts $1.1 billion FDI in five months
Ethiopian Investment Commission has indicated that the country has attracted $1.1 billion foreign direct investment during the first five months of the year.
Somalia to strengthen private sector growth, encourage investment
IFC, a member of the World Bank Group, has signed its first formal agreements with the Federal Government of Somalia to support the country’s goal to strengthen its private sector, attract investment,…
Ethiopia attracts half a billion dollar FDI in three months
The Investment Commission of Ethiopia says the country has half a billion foreign during the first quarter of the country’s current fiscal year. Compared to last year the amount declined 20 percent.
Ethiopia to help vandalized investments recovery
The Government of Ethiopia is preparing a recovery package that will help businesses vandalized by mobs came out to streets in many towns of Oromia region after the assassination of famous Oromo…
Ethiopia suspends Ethiopian Airlines privatization
The Ministry of Finance of Ethiopia said it has suspended the partial privatization of the fully state owned Africa’s most profitable aviation group – Ethiopian Airlines.
Manufacturing in Ethiopia promising investment, says top consulting firm
Manufacturing industries in Ethiopia remain to be the most promising and lucrative sectors for foreign investors, says head of the top local consulting firm.
Ethiopia gets the first local Angel Investors group
With the aim of funding entrepreneurs with promising business idea, the first local Angel Investors group, Addis Ababa Angels (AAA) Network has gone operational this week.
Ethio telecom to sell 5 percent share to domestic investors
The Government of Ethiopia announced its plan to sell five percent of the share of the fully state owned and only telecom operator in the country, Ethio Telecom.
Azerbaijani investors eye fertilizer, food, petrochemical industries in Ethiopia
Azerbaijani investors eyes fertilizer, furniture, petrochemical and food industries in Ethiopia, says, Azerbaijan Ambassador in Ethiopia.
Ethiopia attracts 12 major telecom operators for two licenses
Following the launching of Expression of Interest process for the issuance of two new full-service telecommunication licenses in Ethiopia, 12 major telecom operators have shown interest.
TENDER – International bid from Ethio Telecom for data center
TENDER – Ethio Telecom invites all interested and iligable bidders by this international competitive bid for the procurement of Modular Data Center (complete solution) RFQ No.3941066 to sign a frame agreeement contact…