Recent News

Oilseed July 19 #2

Ethiopia oilseed sector set to expand

Ethiopia’s oilseed sector plays an important role in generating foreign exchange earnings for the country, according to the Foreign Agricultural Service of the U.S. Department of Agricultu ...

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open up

Ethiopia to open up most state entities

Addis Ababa — Ethiopia is open to selling off a host of state-owned firms, partially or entirely, as part of major economic reforms designed to "unleash the potential of the private sector ...

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safaricom

Safaricom to bring M-Pesa to Ethiopia

Ethiopia’s population is 100m people, with the majority being youngsters under the age of 30. According to the report by Reuters, Safaricom, which is owned by Britain’s Vodafone, will ...

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Kombolcha

Ethiopia’s MK Bags Destine for Europe

The country generated 33,344 dollars from the export of 1,043 bags A Korean leather-bag manufacturer generated 33,344 dollars in its first export of Michael Kors (MK) handbags, one of the ...

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JV

Ethiopian and DHL to Sign JV agreement

The Ethiopian Airlines Group and DHL, the leading global logistics and forwarding company, are going to sign an agreement to jointly incorporate a logistics service company in Ethiopia. O ...

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Economic Growth

East Africa tops continent in economic growth

East Africa has enjoyed stronger and more resilient economic growth than the other regions in Africa, at over 4 per cent per year since 1990, on the back of a more diversified economy. ...

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