The Coca-Cola Company to invest $300 million and set up a new factory in Ethiopia
The Coca-Cola Company has announced its plan to set up a $ 70 million new factory in Ethiopia as it celebrates its 60th anniversary in the country. […]
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Haramaya University reached cooperation agreement with IBA Ethiopia, EMDIDI
HARAMAYA (HU)–Haramaya University signed a memorandum of understandings (MoU) with two organizations, Independent Business Accelerator Ethiopia (IBA Ethiopia) and the Ethiopian Meat and Dairy Industry […]
The 2019 Ethiopia Humanitarian Response Plan was formally launched
During the launching of the 2019 Ethiopia Humanitarian Response Plan, it was reported that US$ 1.3 billion required to address food and non-food needs of […]
Hyundai Motor Company opens assembly plant in Ethiopia
Hyundai Motor Company President and Chief Executive Won Hee Lee said the Korean firm was drawn by Ethiopia’s growth, one of Africa’s fastest for more […]
Ethiopia to inaugurate Debre Berhan Industrial Park
Stretched on 75 hectares of land, Debre Berhan Industrial Park will have eight industrial sheds ready to accommodate prospective investors once it’s fully commissioned. ADDIS […]
U.S. Embassy in Addis Ababa launches the second SolveIT! — National innovation competition
ADDIS ABABA (U.S. Embassy)–The U.S. Embassy Addis Ababa in partnership with the Japan International Cooperation Agency (JICA) is sponsoring the second SolveIT! A national innovation […]
Fostering University-Industry Linkage for enhancing mutual collaboration
On the workshop titled “Fostering University-Industry Linkage for Enhancing Mutual Collaboration,” more then 80 representatives from different industries, and federal as well as regional bureaus […]
Nearly 36 million children in Ethiopia are poor and lack access to basic social services, a new report reveals
The analysis, UNICEF Ethiopia jointly conducted with relevant government partners, reveals that 88 per cent or 36.2 million children are multi-dimensionally poor, defined as a […]
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 […]
Abay Bank sees record high profit of Birr 419 million, up by 68% from the previous year
ADDIS ABABA (Semonegna)–The Board of Directors of Abay Bank S.C. has reported, as per the IFRS reporting requirement, that the bank registered 419 million birr […]