The Development Bank of Ethiopia (DBE), one of the three state-owned banks, known for providing finances for private, state and public-owned development projects for the past five decades, i... Read more
Velocity Apparels Companies Plc, from Dubai, is completing its factory in Tigray to begin production by the end of October 2015. The company, established in Ethiopia with capital of 25.9mill... Read more
Following the issuance of a large-scale gold and silver mining license to KEFI Minerals by the Ethiopian Ministry of Mines, KEFI Minerals recently put up international tender inviting compan... Read more
The Ethiopian Metals and Engineering Corporation said that it has imported some 130 wagons for the Addis Ababa-Dewelle Railway Project and is now about to assemble. The 756-kilometers Addis... Read more
The Taiwanese- based George Shoe Corporation of George Gloria Business Group stated that it will start to building a plant worth nearly USD 120 million soon. George Shoe installed its factor... Read more
Partnership between Faffa Foods of Ethiopia and New Zealand dairy giant Frontera will introduce processing and packing the latter’s Anchor brand of powdered milk in Ethiopia starting in Sept... Read more
London-listed miner KEFI Minerals signed a deal with the Ethiopian government on Monday to mine for gold and silver in the west of the Horn of Africa country. KEFI took over exploration righ... Read more
This year, around 10,000 tourists from Oman are expected to visit Ethiopia, one of the most ancient countries in the world, which is becoming an increasingly popular destination in Africa, s... Read more
Ethiopia is a good example to other countries with respect to activities that it has been taking in reducing carbon emission. Speaking at a three-day meeting that opened here at Gullele Bota... Read more
Ethiopia’s Textile Industry Development Institute (TIDI) has forecast $ one billion in annual revenue from textile and garment export during the second phase of the growth and transformation... Read more
