Recent News


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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Ethiopia’s Mining Industry Worth $5bn

Evolving reports on Ethiopia’s economic opportunities suggest that the country could be sitting on a $5 billion mining sector, the full value of which can be realized by tapping into geoth ...

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Almeda Textile set to Expand Five-Fold

A group of seventeen high-level machinery manufacturers spent four days in town looking for local agents and customers. During the turnout of the week, a delegation of manufacturers paid ...

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