Business

Ethiopia’s Economic Reforms Attract Foreign Investment, Says Austrian Ambassador

ADDIS ABABA: Ethiopia's ongoing economic reforms are drawing interest from global investors by providing a more reliable business environment, according to Austria's Ambassador to Ethiopia, Simone Knapp. According to Ethiopian News Agency, Ambassado...

Export Standard Gelila Shoes Factory Inaugurated in Ethiopia

ADDIS ABABA: Gelila Shoe Factory, a new manufacturing facility aimed at bolstering Ethiopia's manufacturing industry and export capabilities, was inaugurated today at the Bole Lemi Industrial Park. The factory represents a significant investment in Et...

Prime Minister Abiy Ahmed Promotes Ethiopian Investment Opportunities During Malaysia Visit

KUALA LUMPUR: Prime Minister Abiy Ahmed of Ethiopia has visited development sites in Kuala Lumpur as part of an official working visit to Malaysia. This visit follows his participation in the BRICS Summit, and he was accompanied by a ministerial deleg...

PM Abiy Urges Malaysian Businesses to Explore Investment Opportunities in Ethiopia’s Growing Economy

KUALA LUMPUR: Prime Minister Abiy Ahmed of Ethiopia is urging Malaysian businesses to capitalize on the substantial investment opportunities in Ethiopia's rapidly expanding economy, following discussions to enhance bilateral collaboration in key secto...

Mbooni MP Allocates Sh4.1 Million to Women and Youth Groups

MBOONI: Mbooni Member of Parliament Erastus Kevasu Nzioka has allocated Sh4.1 million from the Uwezo Fund to 28 women and youth groups within his constituency, aiming to bolster small income-generating projects. The initiative seeks to foster economic...

Ethiopian Delegation Engages in Bilateral Talks with US State Department and Treasury

WASHINGTON: The Ethiopian delegation, led by Finance Minister Ahmed Shide, engaged in bilateral discussions with senior officials of the US State Department and Treasury on the margins of the 2024 World Bank-International Monetary Fund Annual Meetings...

PM Abiy Discusses Ethiopia’s Desires for Sea Outlet with BRICS Leaders

ADDIS ABABA: Prime Minister Abiy Ahmed has articulated Ethiopia's aspiration for access to the sea in discussions with leaders from BRICS member countries, highlighting a strategy based on reciprocal benefits. This dialogue occurred during the 16th BR...

Horn Of Africa Initiative Ministers Address Climate Financing and Regional Integration at Washington Meeting

WASHINGTON D.C.: Finance Ministers from the Horn of Africa convened in Washington D.C. for the 22nd Horn of Africa Initiative (HoAI) Ministerial Meeting, held in conjunction with the Annual Meetings of the World Bank and International Monetary Fund. T...

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Maua Residents Cautioned Against Illegal Water Connections

Maua: Residents of Maua in Igembe South Sub-County have been urged to desist from illegal water connections as authorities step up enforcement measures. Maua Town Municipal Manager Timothy Mwenda issued the stern warning stating that anyone caught eng...
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Yetu Sacco Hits Record Billion Revenue

Meru: For the first time in its 33-year history, Yetu DT Sacco, Meru County has hit the Sh1 billion profit mark with a historic membership registration drive. According to Kenya News Agency, the Sacco has recently recorded a surge in membership, su...

Teso King to Tour Kenya, Engage with Iteso Community

Nairobi: Iteso Cultural Union (ICU) leader Papa Paul Sande Emolot is set to visit the Iteso community in Teso, Kenya, as well as those residing in other sub-counties, in March this year. The announcement was made during the burial of Moses Oduya in Ka...

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Addis Ababa University Hosts Workshop on Water Diplomacy for Peace

ADDIS ABABA - Scholars from Addis Ababa University's Africa Center for Excellence for Water Management and the College of Natural and Computational Science convened a workshop today to observe World Water Day 2024, focusing on the theme "Leveraging Wa...

AU launches peace talks to end the conflict in the Tigray Region of Ethiopia

Addis Ababa: The Chairperson of the African Union Commission...

Refugees in Malawi Protest Over Food Ration Delays

In Malawi, hundreds of refugees and asylum seekers held...