A groundbreaking ceremony on May 8th, 2024, marked the official start of construction for Toppan Gravity's USD 55 million manufacturing facility in Bole Lemi Industrial Park.
Ethiopia invited Canadian investors to invest in mining, agriculture, tourism, technology, and manufacturing in Ethiopia during the 4th Ethio-Canada Trade and Investment Forum which was held in Toronto, Canada. The forum aimed to inform Canadian investors about investment opportunities in Ethiopia and the country’s Homegrown Economic Reform.
Toshiba Corporation disclosed it concluded a memorandum of understanding (MoU) with the Ethiopian Utility company, Ethiopian Electric Power (EEP), for a comprehensive partnership in geothermal power. The MoU stipulates EEP and Toshiba will collaborate in power generation
projects and personnel development.
Review of Ethiopia's Road Sector Development Program (RSDP) in the past 16 years has reveled, the total road network expansion of the country has reached 85,966km, The Reporter reported.
When the program was launched in 1997, Ethiopia's total road coverage standing at 26,550km.
Tourism sector of Ethiopia missed its target for the first 9 months of the current fiscal year by only generating 2.7 billion USD from 712,111 tourist.
