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Ethio telecom privatisation leads new wave of deals for 2019

Ethio Telecom privatization leads new wave of deals for 2019

Ethiopia’s state-owned telecommunications company announced it will be the first of four companies to be privatized. Telecom, media and tech investment and consolidation activity in Africa ...
OCP Teams Up with Ethiopia to Boost Agriculture Production

OCP Teams Up with Ethiopia to Boost Agriculture Production

The Othmani-led government is green lighting the creation of Pan-African Fertilizers, showcasing Morocco’s place in the growing intra-African exchanges.
Ethiopia to dramatically expand coffee production

Ethiopia to dramatically expand coffee production

The Ethiopian Coffee and Tea Authority (ECTA) announced that there are 5.4 million hectares of suitable land available for growing coffee. Currently coffee is cultivated in Oromia and SNNP regions but plans are in the works to expand coffee plantations throughout Ethiopia,...
African Union unveils Ethiopia's Emperor Haile Selassie

African Union unveils Ethiopia’s Emperor Haile Selassie

The Emperor, who garnered an image of an elder statesman and leader of Africa, is being honored with the statue 45 years after his death. The unveiling ceremony of the statute was attended by Ethiopian Prime Minister ...
Council of Ministers to endorse construction site for new mega airport

Council of Ministers to endorse construction site for new mega airport

Ethiopian Airlines Aviation Group is under preparation to embark on the design and construction of a new international airport outside of Addis Ababa that will have the capacity to handle 80 million passengers per annum. A French consulting firm ..
Volkswagen develops automotive industry in Ethiopia

Volkswagen develops automotive industry in Ethiopia

Volkswagen brand expands its business in Sub-Saharan Africa by signing a Memorandum of Understanding (MoU) with Ethiopia. Volkswagen brand continues ...
The Mechanics of stock exchange

The Mechanics of stock exchange for Ethiopia

Tesfaye Hailemichael is the Managing Director of Cornerstone Advisory Services Plc and the former board chairman of East Africa Tiger Brands. A Certified Public Accountant (CPA), Tesfaye served as chairman of the board, chief executive...
Poly GCL negotiates on government’s stake on gas project

Poly GCL negotiates on government’s stake on gas project

The Chinese company, which is in the process of developing the natural gas fields in the Ogaden basin, Somali Regional State, Poly GCL Petroleum Investment, is negotiating with the Ethiopian Minerals, Petroleum and Bio...
Family Milk Introduces First Ever UHT Milk in Ethiopia

Family Milk Introduces First Ever UHT Milk in Ethiopia

Family Milk, a leading dairy producer within Ethiopia is expanding its partnership with SGI Frontier Capital – an international private equity fund – to help expand its operations and introduce a new pioneering technology to the country.
Export revenue drops in Ethiopia

Export revenue drops in Ethiopia

Revenue from exports have continued to decrease as the country failed to hit its target for the first two quarters of the current fiscal year. Though the government planned to collect USD 1.96 billion for the period, it has only achieved about 62% of its target...

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