For the purpose of maintaining and managing the newly being built Addis Ababa Light Rail Project, Ethiopian Railways Corporation concluded USD 106 Million deals with two Chinese firms; China Railways Group and Shengen Meter Group.
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.
