IFC invests US$55.9M in Habesha Breweries, boosting Ethiopia’s barley industry
ETHIOPIA — The InternationalFinance Corporation (IFC) has extend US$55.9 million financing to HabeshaBreweries S.C., abeverage manufacturer in Ethiopia to help the company expand i…...
Read More Ethiopia’s reformist leader Abiy Ahmed woos private sector investors to fuel economic growth
Jan. 28 2020Ethiopian leader’s mettle is yet to be tested as the country tries to attract private sector investments to sustain its economic growth, reports Gavin du Venage from Ca…...
Read More Chinese firm builds major road project in W. Ethiopia
Mark your calendars: Africa Build Show 2020, Accra, Ghana, 17-19 June 2020.http://africabuildshow.com/The Ethiopian Prime Minister Abiy Ahmed on Saturday launched the construction o…...
Read More Egypt, Ethiopia, Sudan to finalize Blue Nile dam agreement this month
Ministers from Egypt, Ethiopia and Sudan agreed on Wednesday to reconvene in the United States later this month to finalize an agreement on a giant hydropower dam on the Blue Nile t…...
Read More Ethiopian Airlines to start building new $5 billion airport this year - CEO
Ethiopian Airlines will start constructing a new $5 billion (Sh500 billion) airport later this year, its chief executive officer was quoted as saying on Wednesday, as the rapidly-ex…...
Read More Ethiopia To Build Continental Satellite Data Receiver Station With China’s Help
By Joseph Ibeh -- China is expected to help Ethiopia build a continental satellite data receiver station, a news report by China state media Xinhua quotes Dr Solomon Belay, Director…...
Read More Ethiopia to Keep Control of Its Banks as Other Sectors Open Up
By Samuel GebreEthiopia is shaking up its economy by opening many industries to foreign investors. Just don’t expect the government to loosen its grip on banks yet.“Banking, insur…...
Read More Ethiopia is making maps to help improve soil health
Healthy soils are vital to human survival. They play a pivotal role in feeding global populations – after all, food is grown in soil. Healthy soils grow more crops and allow for nu…...
Read More Ethiopia to launch independent economic advisors’ council
Jan. 1 2020 -- The Government of Ethiopia has invited independent professionals to be part of the national economic advisors council the country is set to launch.“…To ensure succe…...
Read More Cooperation with China crucial to realize Ethiopia's ambitious economic reform initiative: expert
ADDIS ABABA, Jan. 3 (Xinhua) -- As the Ethiopian government presently embarked on a robust economic reform initiative, dubbed Homegrown Economic Reform Program, with an ambition to …...
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