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KCB Plans to Open Representative Office in Ethiopia

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Published on 08 December 2015
Category: Latest Business Alerts

KCB Group announced plans to open representative office in Ethiopia to facilitate trade flow across the Horn of Africa and East Africa, The Daily Monitor reported.

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IGAD Facilitating Bilateral Fish Trade Negotiations between Ethiopia, Djibouti

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Published on 07 December 2015
Category: Latest Business Alerts

The Intergovernmental Authority on Development (IGAD) is holding a Study Progress Report workshop from December 7 to 8, 2015 in Addis Ababa, to facilitate bilateral fish trade negotiations between Ethiopia and Djibouti.

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Draft Bill Proposes Income Tax Exemptions for Cooperatives in Ethiopia

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Published on 07 December 2015
Category: Latest Business Alerts

The House of People’s Representatives (HPR) of Ethiopia on Tuesday, December 1, 2015, held a discussion on a draft bill that look up income tax exemptions for cooperative societies, according to The Reporter.

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UNESCO Registers Sidama's New Year in Ethiopia as Intangible World Heritage

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Published on 07 December 2015
Category: Latest Business Alerts

Fiche Chamballala, New Year of the Sidama people of Ethiopia, has been registered as UNESCO’s Intangible World Heritage, Fana Broadcasting Corporate reported.

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ICT Minister Encourages Japanese Tech Companies to Invest in Ethiopia

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Published on 07 December 2015
Category: Latest Business Alerts

Minister of Information and Communication Technology of Ethiopia, Debretsion Gebremichael exhorted Japanese companies to invest in Ethiopia’s ICT industry, Ethiopian News Agency reported.

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Ethiopia’s Inflation Rate Declines to 10 Percent in November

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Published on 07 December 2015
Category: Latest Business Alerts

Ethiopia’s year-on-year inflation rate has declined to 10.0 percent in November from 11.8 percent in October, Fana Broadcasting Corporate (FBC) reported.

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Ethiopia Expecting More South Korea Investors in Manufacturing Sector

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Published on 04 December 2015
Category: Latest Business Alerts

Ethiopia expects more South Korean investors in the manufacturing sectors, specifically in textile industry, according to State Minister of Industry Tadesse Haile.

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New Firm Starts Assembling Gold Mining Machines in Ethiopia

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Published on 03 December 2015
Category: Latest Business Alerts

Two international companies named, Minelab Electronics and SK Mining Equipment has formed a joint venture to assemble small-scale gold mining machines in Ethiopia, according to the Daily Monitor.

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Ethiopia Aspires to Raise Rural Water Supply in GTP II

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Published on 03 December 2015
Category: Latest Business Alerts

Ethiopia has set plan to raise rural water supply by 25 liter water a day per person within one kilometer radius from the base line 15 liter a day per head with 1.5 kilometer in GTP II period.

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Ethiopian Offers Discount to Horticulture Exporters

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Published on 03 December 2015
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines (ET) has offered a discount to Ethiopian Horticulture Exporters using its cargo service, Addis Fortune reported.

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