Ethiopia Communications Authority (ECA) has indicated extending the deadline for international bidders to compete for the two telecom licenses the…
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Media OutReach, News Direct ink business partnership
PRESS RELEASE – News Direct and Media OutReach – two newswires that are revolutionizing the news distribution industry with advances…
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Sea Electric Holdings completes $42 million equity financing
Following substantial growth in new markets, global automotive technology company SEA Electric Holdings Pty Ltd. (SEA Electric), announced it has…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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