Hop Lun (Hong Kong) Limited signs MoU to manage Bahir Dar Industrial Park
ADDIS ABABA (Xinhua) – Hong Kong-based firm Hop Lun (Hong Kong) Limited on 10th July 2019 signed a Memorandum of Understanding (MoU) with the Ethiopian […]
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Ethiopia to send 50,000 workers to UAE, as short-term solution to reduce unemployment
One of the short-term programs to reduce unemployment in Ethiopia is sending skilled labor to foreign countries, says Prime Minister Abiy Ahmed ADDIS ABABA (AFP) […]
Operational phase of African Continental Free Trade Area (AfCFTA) launched
NIAMEY, Niger (African Union) – The operational phase of the African Continental Free Trade Area, AfCFTA, has been launched, after a day-long summit of Heads […]
Boeing to donate $100 million to Lion Air, Ethiopian Airlines accidents’ victims
CHICAGO, IL (Boeing) — Ahead of Independence Day in the United States, Boeing announced $100 million in funds to address family and community needs of those affected […]
Government of Ethiopia to privatize all sugar projects
The move to privatize the sugar projects is consistent with other privatization projects in the energy and telecom sector by the new progressive government (GAIN) […]
Vasari Beverages to expand African brewing capacity, including the expansion of its Ethiopia brewery
London-based Vasari Global owns 98% of the controlling offshore company of Dashen Brewery, one of Ethiopia’s largest breweries LONDON (Vasari Global/RMB/Duet Group) – Vasari Beverages […]
Rules of origin key to success of African Continental Free Trade Area
The African Continental Free Trade Area (AfCFTA) is expected to boost intra-African trade by 33% once full tariff liberalization is implemented, the new UNCTAD report […]
European Patent Office (EPO) launches reinforced partnership with Ethiopia
MUNICH (EPO) – Following the signature of a Memorandum of Understanding (MoU) on Reinforced Partnership with Ethiopia in April of this year, European Patent Office […]
EU to provide 40 billion euros in grants to help create jobs in Africa
Africa gets a massive support of 40 billion Euros of grants from EU under the new Africa-European Alliance for Jobs and Growth is proposed as […]
French mobile network operator Orange SA eyeing Ethiopia’s telecom for a minority stake
As Ethiopia plans to open the country’s telecommunications market to outside investors, biggest wireless carriers operating in Africa, including MTN Group Ltd., Vodacom Group Ltd. […]