Tag: Business

1800 Views Comments

Ethiopia, Turkey Take Practical Cooperation Steps

Ethiopia and Turkey entered new era of cooperation in various sectors. Ethiopia and Turkey take practical steps to intensify economic, trade and investment cooperation signing various

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211 Million Dollars for Ethiopia in 5 Months from Oilseeds and Pulses

During the first 5 months of the current fiscal year, Ethiopia earned 211 million USD from the export of oilseeds and pulses. This was disclosed

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Female Tour Operators Forum Launched

Women could contribute a lot engaging in tour operating business. The Ministry of Culture and Tourism yesterday launched first ever national female tour operators forum aiming

851 Views Comments

Why Foreign Investment Is Still Flowing to Ethiopia

By all accounts, Ethiopia has had a tough year. The effects of El Nino were deeply felt across the country. Agriculture was impacted. So was

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Forbes: Aliko Dangote’s wealth stood at 12.4 billion dollars

Forbes magazine has stated that the Nigerian businessman, Aliko Dangote’s, personal wealth now stood at 12.4 billion dollars. This has made the foremost entrepreneur and

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Ethiopian Tourism Organization prepares first phase Tourism Strategic Plan

The Ethiopian Tourism Organization (ETO) disclosed that it has finalized preparation of the first phase of tourism sector strategic plan. Jemal Kedir, Deputy Director of ETO, said the five-year strategic

791 Views Comments

Dalol Oil Appointes New CEO

Dalol Oil S.C., one of petroleum companies in Ethiopia, appointed Tadesse Girma as its new CEO on December 14, 2016. Tadesse is going to replace Serkalem

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Ethiopia to Acquire a Second Paper Factory

Ismael Toure Business PLC along with other shareholders is going to set up a new factory dubbed Pure Wood Pulp Paper and Packing PLC, which

718 Views Comments

JV Formed to Assemble Energy Meters

Subsidiary of Jupiter Group has formed joint venture with a Chinese electronics manufacturer to assemble energy meters in Ethiopia. The joint venture agreement was signed

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Mesfin Industrial Engineering Inaugurates an Assembly Plant for Peugeot Cars

Mesfin Industrial Engineering (MIE) inaugurated an assembly plant of Peugeot automobiles in Addis Ababa, as part of its expanssion of assembly line built in Tigray

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Ethiopian Airlines to begin direct and non-stop services to Singapore

Addis Ababa, Ethiopia – Ethiopian Airlines, the largest and fastest growing African airline, is pleased to announce that it will start a direct and non-stop services

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One of the Seven Wonders of the World Comes to Ethiopian Network

Africa’s largest airline group, Ethiopian Airlines, announced that it will start four weekly flights to Victoria Falls, site of the most spectacular waterfalls in the

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