Investors with over 110 billion Ethiopian birr combined capitals have begun implementing 260 projects in the first nine months of the Ethiopian Fiscal Year, according to the Ethiopian Investment Agency.
Getahun Negash, Corporate Communication Directorate Director with the Agency told Walta Information Center recently that all the projects were licensed in the previous Ethiopian budget year.
Add a comment Add a commentThe Embassy of Brazil in Addis Ababa announced that it is organizing a trade and investment seminar with Ethiopia, South Sudan and Djibouti.
The seminar is scheduled to be held in June is expected to provide a useful insight on trade and investment to the Brazilian, Ethiopian, Djiboutian and South Sudanese businesses, entrepreneurs and policy makers. Add a comment Add a commentCatalyst Principal Partners, a Kenya based private equity firm, yesterday announced the acquisition of a 50% stake in Yes Brands Food & Beverages PLC, Ethiopia.
Capital Hotel and Spa, a 114 room five-star hotel and resort was inaugurated on 10 May, 2013 in Addis Ababa, Ethiopia.
The hotel is owned by Yemane Gebreselassie, also owned of Hosea PLC, a company importing steel, auto parts, machinery, and export of agricultural commodities. Add a comment Add a commentThe Taiwan External Trade Development Council (TAITRA), a trade promotion organization in Taiwan, announced it will be leading a delegation of 42 Taiwanese businesses to visit Ethiopia on June 17th.
