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Addis Credit and Saving to Offer 2.2 Billion Loan to Micro Enterprises

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Published on 29 October 2015
Category: Latest Business Alerts

Addis Credit and Saving Institution (ACSI) S.C., Ethiopia’s microfinance institution has planned to offer 2.2 billion Birr loan for more than 50,000 citizens involved in micro and small sectors this year, Walta Information Center (WIC) reported.

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Oromia Insurance Paid Claims for Crop Failure

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Published on 28 October 2015
Category: Latest Business Alerts

oicOromia Insurance Company (OIC) S.C., one of Ethiopia’s private insurance companies has paid a claim of 525,000 Birr for 300 farmers in Oromia Regional State for crop failure, Addis Fortune reported.

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Ethiopia Aspires to Raise Mobile Subscribers to 64 Million in Five Years

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Published on 28 October 2015
Category: Latest Business Alerts

Ethiopia aspires to raise its mobile subscribers up to 64 million and internet subscribers to 46 million in GTP II period, Ethiopian News Agency.

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Senegal Becomes Ethiopia's Export Destination

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Published on 28 October 2015
Category: Latest Business Alerts

Senegal has became Ethiopia's export destination for flower and other semi-processed products, according to Ethiopian Ambassador to Senegal Hassen Abdulkadir.

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World Energy Council to hold Energy Leaders’ Summit in Addis Ababa

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Published on 27 October 2015
Category: Latest Business Alerts

World Energy Council announced that it will hold Energy Leaders’ Summit in Addis Ababa, Ethiopia, on Thursday October 29, 2015.

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Ethiopia to Build 11 New Universities in GTP II

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Published on 27 October 2015
Category: Latest Business Alerts

The Council of Ministers has endorsed on October 23, 2015, the establishment of 11 new universities in Ethiopia by the end of GTP II, Ethiopian News Agency reported.

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A Delegation of Chinese Drug Companies Visited Ethiopia

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Published on 27 October 2015
Category: Latest Business Alerts

As part of a UN facilitated initiative, a delegation of 10 major Chinese pharmaceutical and medical supplies companies has visited Ethiopia from October 20-21, 2015, in searching for joint ventures with Ethiopian companies to manufacture drugs.

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AACCSA Awards 16 ISO Certified Companies in Ethiopia

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Published on 27 October 2015
Category: Latest Business Alerts

aaccsaThe Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) has awarded on October 20, 2015, certificates of accomplishment to 16 companies that has acquired certification from the International Organization for Standardization (ISO) at Sheraton Addis Hotel.

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UK-Ethiopia Trade and Investment Forum Held in London

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Published on 27 October 2015
Category: Latest Business Alerts

The UK-Ethiopia Trade and Investment Forum was held in London on October 21, 2015, according to Ministry of Foreign Affairs of Ethiopia (MoFA).

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Jovago Launches Report on Ethiopia’s Hospitality Industry

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Published on 26 October 2015
Category: Latest Business Alerts

Jovago.com, Africa’s largest hotel-booking website, has launched Ethiopian hospitality report at an event organized at Capital Hotel Wednesday, October 21, 2015, according to the Ethiopian Herald.

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