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Ethiopia secures US$451m in funding to help farmers adopt to climate change
Content Types: ArticleRegions & Countries: EthiopiaIndustries: AgribusinessFood & BeverageInternational Fund for Agricultural Development (IFAD) and Ethiopia have signed an agreement to fund the Lowlands Livelihood Resilience Project by injecting US$451m funded through a combination of debt and grant. -
Bowmans expands into Mauritius and Ethiopia
Content Types: ArticleRegions & Countries: EthiopiaSouth AfricaIndustries: Banking & FinanceServices: LegalInvestment PromotionBowmans has expanded into Mauritius and Ethiopia, enabling it to unlock more opportunities for its clients and contacts on the African continent. -
Ethiopian Airlines adds Bengaluru to its India network
Content Types: ArticleRegions & Countries: EthiopiaIndiaIndustries: AviationEthiopian Airlines has launched a passenger flight to Bengaluru, India on 27 October 2019. -
Nokia Plans To Launch 4G And 5G Services In Ethiopia
Content Types: ArticleRegions & Countries: EthiopiaIndustries: Information TechnologyAddis Ababa, October 16, 2019 (FBC) – Nokia Corporation, a Finnish multinational telecommunications, information technology, and consumer electronics company, plans to launch 4G and 5G services in Ethiopia. -
Abay Industrial Development S.C. To Build Metal Factory With 4bn Birr
Content Types: ArticleRegions & Countries: EthiopiaIndustries: ChemicalsAddis 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. -
Works Underway To Finalize Bure Agro-Industry Park Early Next Ethiopian Year
Content Types: ArticleRegions & Countries: EthiopiaIndustries: Real Estate & ConstructionAddis 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. -
Chinese-built Ethiopia-Djibouti railway wins acclaim for driving Ethiopia's import-export needs
Content Types: ArticleRegions & Countries: ChinaEthiopiaIndustries: Logistics & TransportationThe 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. -
Chinese city to invest $500m in Ethiopian town’s industrial park
Content Types: ArticleRegions & Countries: ChinaEthiopiaIndustries: AllInvestors 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 to issue two telecom licences to foreign firms
Content Types: ArticleRegions & Countries: EthiopiaIndustries: TelecommunicationsEthiopia 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 to launch $2.5 billion geothermal electric project
Content Types: ArticleRegions & Countries: EthiopiaIndustries: Clean EnergyPower/UtilitiesEthiopia, the east African nation currently facing severe energy shortage, is set to begin implementation of a new 520 MW geothermal electric power project.
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