Ethiopia: Chinese Investors Keen to Invest in Ethiopia
Chinese business delegation team from Hebel Province, China, disclosed its interest to invest in the agro-processing sector of Ethiopia.
Chinese business delegation team from Hebel Province, China, disclosed its interest to invest in the agro-processing sector of Ethiopia.
The Chinese pharmaceutical manufacturing company, Humanwell Healthcare, is set to invest 2 billion Birr in Ethiopia and construct a plant.
Jiangsu Sunshine Group, a Chinese manufacturer, intends to construct a textile plant in Ethiopia at a cost of 350 million USD.
In the aim of boosting the country’s textile industry and making the nation Africa’s textile industry hub, Ethiopia is using the sector as a bridge for economic development.

Choke Mountains Eco Village has received its award from United Nations World Tourism Organization (UNWTO) for making the list of Best Tourism Villages (BTV) of 2022. Seleshi Girma, State Minster of Tourism, and representatives from the village received the award in Alula city, Saudi Arabia, from the hands of UNWTO’s Secretary General during the award ceremony which was held on February 27.
The Addis Ababa City Administration's Bureau of Finance & Economic Development is to sign a contract with Ethiopia's Image Consultancy PLC. for the design and construction supervision of new market centers across four districts of the city.
The market centers in each location will be designed for specific commodity. The Bole market center which will be constructed on 7000 square meter lot will feature vegetables and grain, while the Akaki market which will rest on 20,054 square meter. The already existing cattle, sheep and goat market in Kera and Kolfe-Keranyo Sub-city will be expanded further on 20,500 and 9,500 square meter respectively.