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Ethiopia Not Yet Decided on Entering International Debt Market

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Published on 16 May 2014
Category: Latest Business Alerts

After Ethiopia received international credit rating, Sufian Ahmed, Minister for Finance and Economic Development, commented the nation is not yet decided whether it should follow other African countries and enter the international debt market, Reuters reported.

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Ethiopia: ACSI Opens New Branch in Addis Ababa

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Published on 16 May 2014
Category: Latest Business Alerts

Amhara Credit and Saving Institution (ACSI) opened a new branch in Addis Ababa, Ethiopia. This branch is the second for ACSI in Addis Ababa.

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Ethiopia: Fincha Expansion Project Set to Double Production Capacity

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Published on 15 May 2014
Category: Latest Business Alerts

Fincha Sugar Factory is undertaking expansion work to double it’s production capacity, Ethiopian News Agency reported.

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Ethiopia: ACSI Provided 46M Birr Loan to Women Entrepreneurs

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Published on 15 May 2014
Category: Latest Business Alerts

Addis Credit and Saving Institution (ACSI) announced some 46 Million Birr loan has been provided to 169 Ethiopian women through the Women Entrepreneurship Development Project during the last four months.

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Ethiopia Accepted Request to Host African Aviation Training HQ

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Published on 15 May 2014
Category: Latest Business Alerts

International Civil Aviation Organization (ICAO) has made a request to Ethiopia to host the African Civil Aviation Training Organization's Headquarter, according to The Ethiopian Herald.

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Ethiopia: 7,283 New Cooperatives Established in the Past Nine Months

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Published on 14 May 2014
Category: Latest Business Alerts

During the past nine months of the fiscal year 7,283 new cooperatives have been established, according to the Federal Cooperative Agency.

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Ethiopia: MoI and Chinese Companies Signed MoU for the Develop of SEZ

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Published on 14 May 2014
Category: Latest Business Alerts

A Memorandum of Understanding (MoU) was signed on Tuesday, May 6, 2014 between representatives of four Chinese companies and Ministry of Industry (MoI) for the development of Special Economic Zones (SEZ) in Ethiopia.

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Ethiopia:US$ 366 Million Collected from Export of Agriculture Products

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Published on 14 May 2014
Category: Latest Business Alerts

During the last nine months Ethiopia has managed to earn US$ 366 Million from the export of agricultural products shipped via Eastern Ethiopia , Ethiopian News Agency reported.

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Ethiopian and ETO Join Hands to Boost the Tourism Industry

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Published on 13 May 2014
Category: Latest Business Alerts

Ethiopian Airlines (ET) has established a new partnership with Ethiopian Tourism Organization (ETO) with the ambition of making Ethiopia a global tourist destination, according to The Reporter.

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Ethiopia: CCECC Started Laying Rail Tracks for Meiso-Dewale Project

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Published on 13 May 2014
Category: Latest Business Alerts

cceccChina Civil Engineering Construction Corporation (CCECC) has starter laying rail tracks for the 339 Kilometers portion of railway project extending from Meiso to the border town of Dewale in Djibouti.

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