Addis Ababa, September 5, 2019 (FBC) – Abay Industrial Development Share Company is set to build a metal factory in the city of Bahir Dar, Amhara regional state, at a cost of 4 billion birr.

Addis Ababa, July 23, 2019 (FBC) –Efforts are underway to finalize the construction of Bure integrated agro-industry park early next Ethiopian fiscal year, said Dagnachew Asres, CEO of the park.

The Chinese-built Ethiopia-Djibouti standard gauge railway on Tuesday received acclaim for driving Ethiopia's import-export endeavors as it leveraged the growing transportation needs of the country.

Investors from the Chinese city of Kunshan are planning to invest $500m in a textile production complex in the eastern Ethiopian town of Dire Dawa.

Ethiopia will award two telecoms licences to multinational mobile companies, a senior official said on Friday, in the first detailed announcement of the government’s plans for opening one of the world’s last major closed telecom markets.

Ethiopia, the east African nation currently facing severe energy shortage, is set to begin implementation of a new 520 MW geothermal electric power project.

The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has recently approved a $995,000 grant to support the roll-out of a sustainable procurement framework for Independent Power Producers (IPPs) in Ethiopia.

Over 600,000 persons in the Niger Delta region have so far benefitted from the free medical treatment tagged “Health-in-Motion” organised by Shell Petroleum Development Company (SPDC) in the past eight years.

Based in part on data from the Ethiopian Chamber of Commerce, Asoko has identified the largest domestic exporters of both meat products and live animals by value. The two sub-sectors are of strategic significance for Ethiopia’s export revenues, with the country home to Africa’s largest livestock population. The volume and value of exports has remained relatively constant in recent years. Live animal export volumes stood at around 78,000MT in...

Following the change of heart in the 11th hour, Ethiopia’s change of policy to open its boundaries to foreign investments has seemed to open the flood gates for the investors to swim into the opportunity.