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Ethiopia: Lion International Bank to Launch Agent, Mobile Banking Services

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Category: Latest Business Alerts

lionbankLion International Bank (LIB) S.C is to launch agent and mobile banking services, Addis Fortune reported.

Last Updated on 23 June 2015
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Ethiopia: Local Chinese Company Starts Exporting Its Products

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Category: Latest Business Alerts

Di Yuan Ceramics Plc. made its first export from Ethiopia to Somaliland on May 08, 2018 selling 4,000 square meters of ceramic fields.

According to the company’s Sales Manager, William Wieng, the effective marketing chain the company built led to a USD 1 million worth ceramic order from four African countries-Somaliland, Kenya, Djibouti and Sudan. 

Last Updated on 11 May 2018
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Ethiopia: Local Companies Licensed to Produce Alluvial Gold in Gambella and Benishangul Gumuz

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Category: Energy and Mining

Gold Mining Local Companies

BEAKA Total Trading PLC and L-Net Technology Group PLC, Ethiopian companies, secured licenses to produce high grade alluvial gold in Gambella and Benishangul Gumuz Regional States, respectively.

Last Updated on 20 April 2023
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Ethiopia: Local Contractors Awarded 2.2 Billion Birr Road Projects

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Category: Latest Business Alerts

Two local contractors concluded a 2.2 Billion Birr road projects with Ethiopian Roads Authority (ERA) on Saturday, October 4, 2014.

Last Updated on 06 October 2014
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Ethiopia: Local Investor Participation in Ethiopia’s Special Economic Zones Surpasses 60%

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Category: Manufacturing

IPDC LOGO

The Industrial Parks Development Corporation (IPDC) has announced an increase in the participation of local investors in Ethiopia’s Special Economic Zones (SEZs), with their share now exceeding 60%. The overall occupancy rate of sheds and developed land in all 13 SEZs has reached 89%.

Last Updated on 27 June 2025
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