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Ethiopia to Ratify the Revised Overseas Employment Proclamation in Two Weeks

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Published on 27 November 2015
Category: Latest Business Alerts

The House of People’s Representatives (HPR) is going to ratify the revised draft proclamation on overseas employment in two weeks time, Fana Broadcasting Corporate (FBC) reported.

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Development Bank of Ethiopia to Offer Loan to Small, Medium Enterprises

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Published on 26 November 2015
Category: Latest Business Alerts

develomental bank of ethiopiaThe Development Bank of Ethiopia (DBE) unveiled readiness to offer loan to Small and Medium Enterprises (MSME), according to Ethiopian News Agency (ENA).

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World Bank Says Ethiopia Poised to Become Middle Income Country by 2025

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Published on 26 November 2015
Category: Latest Business Alerts

worldbank-logoEthiopia has witnessed rapid economic growth, with real gross domestic product (GDP) growth averaging 10.9 between 2004 and 2014, which is lifting the country from being the second poorest in the world in 2000 to becoming a middle income country by 2025, if it continues its current growth trajectory, World Bank revealed.

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Ethiopia Aspires to Export Transformers Soon

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Published on 26 November 2015
Category: Latest Business Alerts

Ethiopian Power Engineering Industry (EPEI) revealed plans to export transformers to the neighboring countries with an aim to secure foreign earnings for the country, Fana Broadcasting Corporate reported.

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TAP and Ethiopian Airlines Start Code-share Services Between Lisbon and Addis Ababa - November 25, 2015

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Published on 26 November 2015
Category: Latest Business Alerts

Ethiopian AirlinesTAP, Portugal’s leading airline and Ethiopian Airlines, the largest African airline, both Members of Star Alliance, have started code-share services between Portugal and Ethiopia as of November 24, 2015.

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Ethiopian won Employer of Choice Award- November 25, 2015

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Published on 26 November 2015
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines, the largest, fastest growing and most profitable airline in Africa, is pleased to announce that it has won Employer of Choice 2015 award by Careers in Africa in an event held on Tuesday November 19, 2015 at Sandton Hilton hotel.

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Development Bank of Ethiopia Amends Its Credit Policy

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Published on 25 November 2015
Category: Latest Business Alerts

develomental bank of ethiopiaThe Development Bank of Ethiopia (DBE) announced it has amended its credit policy, Fana Broadcasting Corporate (FBC) reported.

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All Banks in Ethiopia to Use One ATM Card

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Published on 25 November 2015
Category: Latest Business Alerts

The National Bank of Ethiopia (NBE) revealed that it is preparing to launch a system for clients to use one ATM card and cheque in all banks of Ethiopia, Fana Broadcasting Corporate reported.

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Ethiopia Begins Construction of Selale University in Oromia State

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Published on 25 November 2015
Category: Latest Business Alerts

The foundation for the Construction of Selale University in Oromia, Ethiopia was laid on November 23, 2015, Ethiopian News Agency reported.

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President Invites Turkish Investors to Engage in Cement Production in Ethiopia

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Published on 25 November 2015
Category: Latest Business Alerts

Ethiopian President Mulatu Teshome invites Turkish investors to invest in areas of production of cement, construction and energy, according to Ethiopian News Agency.

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