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Ethiopia: Abattoir to Export Meat to Middle East

Dec 6, 2016 | 2M Editor | Latest Business Alerts

Jigjiga Export Slaughter House (JESH), which is a based in Ethiopia and built at a cost of 200 million Birr, will start exporting meat to the Middle East in the...

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Turkish Tycoons Coming to Ethiopia

Dec 6, 2016 | 2M Editor | Latest Business Alerts

Turkish business tycoons are expected to come with Nihat Zeybekci, Turkey’s Economic Minister, during his visit to Ethiopia. According to Ayalew Gobeze, Ethiopia’s Ambassador to Turkey, the Economic Minister’s trip...

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IFAD to Extend 145.3 Million USD to Ethiopia

Dec 6, 2016 | 2M Editor | Latest Business Alerts

A total of 108,750 poor rural households in four regions of Ethiopia are expected to benefit from a financial agreement signed today between the International Fund for Agricultural Development (IFAD)...

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Juniper to Invest 70 Million USD in Ethiopia

Dec 5, 2016 | 2M Editor | Latest Business Alerts

Juniper Glass Industries PLC disclosed it has finished all regulatory and merger requirements which enables it to form a venture with 2 other firms. The partnership between the 3 companies...

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Ethiopia: DBE Ordered to Amend Loan Policy

Dec 5, 2016 | 2M Editor | Latest Business Alerts

Investment Board, presided by the Prime Minister, ordered Development Bank of Ethiopia (DBE) to modify its lending policy in favor of foreign horticulture investors. From now on the bank, as...

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Exchange Rates

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USD US 22.7502  22.3041 
GBP UK 28.9883  28.4154 
EUR EU 24.4314  23.9457 
CHF CHE 22.554  22.1095 
CAD CA 17.1505  16.8092 
AED UAE 6.1946  6.0715