Ethiopian women reprogram their futures with IT careers
Even though there is a need to fill jobs in Ethiopia’s high-tech industry, talented Ethiopian women have trouble accessing the training needed to meet market […]
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Ethiopia received US$80 million grant from the World Bank to boost agricultural growth of smallholder farmers
WASHINGTON, D.C. (World Bank Group) – The World Bank Group’s Board of Executive Directors on 15th September 2020 approved a US$80 million grant from the […]
Proparco and Ethos Mezzanine Partners invest in Ethiopian FMGC platform
This operation is Proparco’s first mezzanine transaction in Ethiopia and, with Ethos Mezzanine Partners, will support job creation, the development of local agribusiness, import substitution […]
Ethiopian Communications Authority requests the submission of Expressions of Interest for two telecommunications licenses
ADDIS ABABA (ECA) – The Ethiopian Communications Authority (ECA) launched the request for Expressions of Interest (EOI) for two new telecommunications licenses in the Federal […]
World Bank approves $82.6 million for Ethiopia’s COVID-19 response
World Bank Group provides emergency support to Ethiopia to manage health, economic impacts of COVID-19 pandemic WASHINGTON, D.C. (World Bank Group)–To help Ethiopia mitigate the effects […]
Ethiopian Cargo & Logistics Services wins ‘International Air Cargo Marketer of the Year’ Award
ADDIS ABABA (Ethiopian Airlines) – Ethiopian Cargo & Logistics Services, Africa’s largest network cargo operator and multi-award winner, has won the ‘International Air Cargo Marketer […]
Gebeya Inc. closes $2 million dollars seed round investment
ADDIS ABABA (Gebeya Inc.) – Gebeya Inc., an ed-tech and online software outsourcing marketplace company geared towards the development of Africa’s technological scene, announced that […]
UAE-Ethiopia Business Advisory Council outlines plans to ease process for UAE investors in Ethiopia
The UAE-Ethiopia Business Advisory Council was established in 2018 as a support system for UAE investors and Ethiopian businessmen. DUBAI (WAM) – The UAE-Ethiopia Business […]
Soros Economic Development Fund joins Ethiopia Investment Fund
NEW YORK—The Open Society Foundations are investing 10 million USD in the Cepheus Capital Growth Fund focused on supporting business development in Ethiopia, as part […]
ACWA Power won 250MW World Bank-backed solar projects in Ethiopia
Riyadh-based ACWA Power was one of five companies that submitted proposals for the solar projects, which are parts of World Bank’s Scaling Solar comprehensive package […]