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Ethiopia: Government Plans to Expand Electricity Access to 75% by 2015

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Category: Latest Business Alerts

Ministry of Water, Irrigation and Energy (MoWIE) announced by the year 2015 it plans to expand access to electricity from the present 51 percent to 75 percent of Ethiopia’s population.

Last Updated on 21 May 2014
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Ethiopia: Government Proposes Birr 971.2 Billion Budget for Upcoming Fiscal Year

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Category: Latest Business Alerts

HPR Double Taxation

Ethiopia's government has proposed a budget of Birr 971.2 billion for the upcoming fiscal year, a significant increase of 21.1% compared to the 2023/24 budget. This draft plan was presented to the parliament by Finance Minister Ahmed Shide.

Last Updated on 12 June 2024
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Ethiopia: Government Provides over 2.3 million Hectares of Land for Investors

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Category: Latest Business Alerts

Addis Ababa May 13/2015 Ethiopian Agriculture Investment Land Administration Agency disclosed that it has provided over 2.3 million hectares of land for investors this Ethiopia fiscal year.

Last Updated on 14 May 2015
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Ethiopia: Government Reopens Tendering Process to Partially Privatize Ethio Telecom

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Category: Latest Business Alerts

Ministry of Finance issued an invitation for expression of interest today to partially privatize Ethio Telecom. The company which will win the bid will own 40% of the equity share capital of Ethio Telecom and join the Ethiopian telecom market alongside Ethio Telecom and Safaricom.

Last Updated on 17 November 2022
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Ethiopia: Government Set to Establish Agency for the Diaspora

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Category: Latest Business Alerts

Ethiopia is planning to set up an agency for the Diaspora with a view of improving the general participations of Ethiopian Diaspora. Ministry of Foreign Affairs’ (MoFA) Spokesperson Meles Alem said the decision to establish the agency showed the government’s special attention for the Diaspora community.

Last Updated on 09 September 2018
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