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Nampak Plans to Open Bottle Plants in Ethiopia, Nigeria

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Published on 01 December 2015
Category: Latest Business Alerts

South Africa’s Nampak, leading manufacturer of beverage, food and non-perishable packaging, announced plans to open glass bottle factory in Nigeria and Ethiopia with an outlay of USD 155 million, according to Reuters.

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Korean Economic Delegation to Visit Ethiopia, Ivory Coast

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Published on 01 December 2015
Category: Latest Business Alerts

The Korean government said South Korean economic delegation team will come to Ethiopia and Ivory Coast to facilitate more trade and industrial cooperation.

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The Third Addis Agro-Food Exhibition Kicks Off in Ethiopia

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Published on 01 December 2015
Category: Latest Business Alerts

The third Addis Agro-Food Exhibition kicked off on November 27, 2015, at the Addis Ababa Exhibition Center, Ethiopian Herald reported.

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Ethiopia to Construct Over 750,000 Condos in GTP II

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Published on 01 December 2015
Category: Latest Business Alerts

Ethiopia announced plans to construct over 750,000 condominium houses in the GTP II period, Fana Broadcasting Corporate reported.

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Bosch Packaging Technology at the Forefront of Developing the Coffee Industry in Ethiopia

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Published on 27 November 2015
Category: Latest Business Alerts

boschGerman multinational the Bosch Group is hosting the ground breaking 1st International Coffee Processing and Packaging Round Table in Addis Ababa, Ethiopia on Friday.

It will feature representatives from United Nations Industrial Development Organisation (UNIDO), several industrial and agricultural institutions, big business, SMEs, farmers, civil society as well as local and international aid agencies in a strategic bid to enhance food security.

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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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