Ministry of Finance and Ministry of Trade and Industry pass directives on the price of oil, cement, rebar, and ceramics

The directives have been issued as part of efforts to mitigate the price surges rampaging across…

Ethiopia signs grant agreement with South Korea’s International Cooperation Agency

The agreement is going to finance three projects over five years.

IWMI report suggests Ethiopia’s agricultural sector can benefit from minimal level of enhanced management

According to the World Bank a 1 percent increase in agricultural output would reduce poverty by…

ECA report shows that African countries still lagging in regional trade

The East African Community has been shown as the leading economic bloc in the continent in…

Redfox Solutions to add its data centre to the growing list of centres in Addis Ababa

The data center is slated to begin operations as early as September of this year.

Bole Road Textiles; the thread from Ethiopia to New York

Hanna Getachew quit her job in 2014 to pursue Bole Road Textiles; her trip to Ethiopia…

Boost with Facebook for Tourism Ethiopia launched

The program was launched as a pilot back in August 2020 and supported 5,000 businesses in…

Savannah Fund launches Savannah Fund II

The fund is intended to finance Series A investments in fintech, education, logistics, eCommerce, Saas, healthcare,…

Ethiopia supports 3.5 billion USD pandemic and epidemic prevention plan

CEPI was founded in 2015 by Norway, Japan, Germany, the Wellcome Trust, and the Bill and…

Ethiopia reports more than half a billion dollars in revenue from industrial parks

Ethiopia currently has 13 operational industrial parks, with several more expected to be commissioned during the…