Recent News


New Meat Processors in the Making

Euro Foods, a French-based meat processing firm, is considering setting up meat processing plants in Ethiopia as more and more foreign companies are drawn into the sector. In his recent i ...

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Ethiopia Bond Yield Increases in a Week

Following the global fall in the price of oil, the percentage yield of Ethiopia, a return that investors will receive on holding a bond to maturity, increased from 6.625pc to 7.82pc. Acco ...

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A Frontier Market Beckons

After a successful global bond issue, Ethiopia emerges as a frontier market to watch out for. Its recent road show in India underlined its confidence and ambition to be an economic dynamo ...

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African Economy

Africa’s Economic Outlook for 2015

Assuming a gradual strengthening of the world economy and improvements in political and social stability in those African countries currently affected by conflicts, the African continent is ...

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Addis International Catering Enters Market

Company launches with 25 million dollars of capital in 2008 with a production capacity of 15,000 meals a day Addis International Catering (AIC), a subsidiary company of the MIDROC Group, ...

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Oil Price Decline Lightens Import Bill

Following a sharp decline in international oil prices, Ethiopia’s oil import bill for the current fiscal year is expected to go down by 600 million dollars, an estimated 21 percent of the ...

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