Ethiopia ambitious to become Africa’s manufacturing hub
Ethiopia, with the ambition of becoming Africa’s manufacturing hub, has planned to increase the number of operational industrial parks from the current six to around […]
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Ethiopian Investment Commission: Recent reform in Ethiopia inspires multinational companies
The decision of opening state-owned enterprises and the lifting of the state of emergency have also raised the interest of multinational companies, according to Commissioner […]
Chinese Investment Leads Way as Ethiopia Opens to Outside
While Ethiopia is attracting massive Chinese investment in infrastructure projects, the Ethiopian government has set its sight in particular on Chinese involvement in industry parks. […]
Eritrean President and Ethiopian Prime Minister laid foundation of Eritrean Embassy in Addis Ababa
ADDIS ABABA (Shabait.com) – Eritrean President Isaias Afwerki and Ethiopian Prime Minister Abiy Ahmed, PhD, laid the foundation stone, on 26 December 2019, for the […]
Chinese firm to establish regional office in Ethiopia to bolster rising project portfolios
ADDIS ABABA (Xinhua)–With a fast growing presence in Ethiopia, China Communications Construction Company (CCCC) is set to open a regional office in Ethiopia, an official […]
Ethiopian Revenues and Customs Authority implements new customs management system
ERCA’s new customs management system improves transparency and communication, reduces delays in clearing goods, and maximizes the collection of customs revenue. ADDIS ABAAB (ENA)–The Ethiopian […]
Smart urbanization to realize middle income status aspiration
The Ministry has recognized the significance and potential of secondary cities and is putting maximum effort to assist their development. Mekelle, Hawassa, Bahir Dar, Adama, […]
Ethio-Djibouti Standard Gauge Rail in Final Preparation Phase
The 742 km long electrified Ethio-Djibouti Standard Gauge Rail will have 1172 locomotives, of which 1100 are freight wagons, 41 locomotives, and 30 passenger coach […]
Sika Abyssinia Chemicals Manufacturing PLC Inaugurated in Alemgena
ALEMGENA, Ethiopia (Semonegna)― Sika Abyssinia Chemicals Manufacturing PLC, a subsidiary of chemical specialty Swiss-company Sika AG which is headquartered in Baar, Switzerland, has officially inaugurated […]
VIDEO: Ethiopia’s Textile and Garment Industry Boom
ADDIS ABABA (CGTN Africa)–Ethiopia is enjoying a boom in its textile and garment industry. That has brought money, technology and jobs to the economy once […]