Recent News


Middle East Investment Increasing

Investment flow from Middle East countries has increased over the past four years, the Ethiopian Investment Commission said Middle East FDI which was low before the beginning of the Growt ...

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Oilseeds, Chat Revenue Grow by 10, 8 Fold

The export earnings from oilseeds and chat grew by 10 and 8 fold respectively during the Growth and Transformation Plan (GTP) period, the Ministry of Trade said. The revenue the nation earne ...

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Ethiopia’s GDP reaches 1.5 Trillion Birr

The Ministry of Finance and Economic Development has announced that Ethiopia's Gross Domestic Product (GDP) has reached 1.5 trillion birr, and registered an estimated 10.3 percent economic g ...

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Ethiopia to Generate 300 MW Solar Energy

The Ethiopian Electric Power headed by Engineer Azeb Asnake signed on Oct.14 a Memorandum of Understanding (MoU) with a US-based company Green Technology Africa Inc. (GTA) to generate 300 me ...

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Ethiopia to host Powering Africa Summit

Addis Ababa is set to host powering Africa summit, the annual platform for European financiers and developers to connect with Ethiopia’s government and energy ministries, from November 21- ...

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Ethiopian Investment5

Number of Foreign Investors Grows by Threefold

The number of investors interested to start business and investment in Ethiopia has grown by threefold during the past two years, the Ministry of Foreign Affairs said. Some 365 investors ...

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