Ethiopia is set to build four more industrial parks in the recently commenced fiscal year, the Ethiopian Industrial Parks Development Corporation (IPDC) made known. IPDC made the announcement after reviewing last year’s performance of industrial parks in Ethiopia with scholars and stakeholders.
Add a comment Add a commentEthiopia and Japan inked a $2.8 million grant agreement that will be used to provide medical equipment in hospitals in Addis Ababa. The grant is part of support for Ethiopia’s socio-economic development.
Add a comment Add a commentSince agreements have been signed between Ethiopia and Saudi Arabia regarding Ethiopian domestic workers in the latter a few months back, Ethiopia has begun sending trained domestic workers abroad.
Add a comment Add a commentThe National Bank of Ethiopia (NBE) issued a license to Ethio Lease. This makes Ethio Lease the first foreign-owned entity to obtain a license for financial services in Ethiopia.
Add a comment Add a commentThe Ethiopian government said it is embarking on a national plan to curb contraband and illicit trade. Demeke Mekonnen, Deputy Prime Minister of Ethiopia, said, besides the stress it puts on the economy, contraband is becoming "an issue of sovereignty"
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