TDB Bank Approves $60mln Loan Request from Three Ethiopian Companies
The Eastern and Southern Africa Trade and Development Bank (TDB) formerly, PTA bank has approved $60 million loan borrowed by three Ethiopian companies. The bank […]
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In Ethiopia, climate change leads herders to retrain as farmers
In the Hamar area, 1.5 million of the 3 million animals that herders owned perished during the particularly brutal 2015-2016 drought, when the region saw […]
Dangote Group to Double Investment in Ethiopia
The Prime Minister during the discussion has assured Mr. Aliko Dangote that his government will extend the necessary support for the expansion of Dangote Group’s investment […]
B&C Aluminum Company Starts Exporting Its Product
B&C Aluminum Company operates with an investment capital of 40 to 60 million Birr, with a total of 550 to 600 employees. By Robel Yohannes […]
Dangote Cement Faces Disruptions in Ethiopia Over Jobs Plan
Dangote Cement Plc and Derba MIDROC Cement Plc should allow the youth to run their pumice mines, according to a draft contract drawn up by […]
Cornerstone Laid for Baeker Integrated Agro-Industrial Park
During the ceremony, it was noted that Baeker Integrated Agro-Industrial Park would help add value to the sesame production in the area. By Tamirayehu Wondimagegn […]
Ethiopia’s Foreign Affairs Minister Meets Globeleq Representatives
Addis Ababa (EBC)–State Minister for Foreign Affairs, Dr. Aklilu Hailemichael met with representatives of Globeleq on Friday (Feb. 17), during which he appreciated the company’s […]
VIDEO: Ethiopia Is by Far the Best Investment Destination in Africa, Says Karel Claes
Ethiopia Is by Far the Best Investment Destination in Africa, Says Karel Claes Mr. Karel Claes: “Ethiopia is by far the best investment destination in Africa” […]
First Lady Roman Tesfaye Inaugurates Garden of Coffee in Addis Ababa
Ethiopia’s First Lady Roman Tesfaye inaugurated the first Garden of Coffee, created by Bethlehem Tilahun, the founder of soleRebels eco-friendly shoes that are on sale […]
Car Assembly Plant Built in Dire Dawa to Go Operational
Tuk Tuk Assembly Line, owned by Redawa Motors Industry PlC., will start assembling cars next month, the company’s GM Mr. Tadesse Admassu said. Dire Dawa, […]