Business

China is financing infrastructure projects around the world – many could harm nature and Indigenous communities

China is shaping the future of economic development through its Belt and Road Initiative, an ambitious multi-billion-dollar international push to better connect itself to the rest of the world through trade and infrastructure. Through this venture, China is providing over 100 countries with funding they have long sought for roads, railways, power plants, ports and other […]

Business

Djibouti-based investors are interested in building a modern abattoir in Ethiopia

Djibouti-based investors from various African countries have expressed interest to build a modern refinery in Ethiopia. The investors paid a three-day investment visit to Ethiopia and held talks with senior government officials, relevant officials and private sector representatives in the country. Meanwhile, the head of the delegation, Mustafa Jama, said the new state-of-the-art slaughterhouse will […]

Business

Top officials and staff of the FDRE Ministry of Trade and Industry join the national movement called White postal to white house

Leaders and staff of the Ministry of Trade and Industry have joined the national movement, the White Post to the White House, on September 10, 2014. The Minister of Trade and Industry, Melaku Alebel, said that the country is currently engaged in a three-pronged war to weaken and disintegrate Ethiopia. He thanked the leadership and […]

Business

Mojo-Meki-Batu Expressway Becomes Operational

The Mojo-Meki-Batu Expressway constructed with a cost of some 6.3 billion Birr has officially commenced operation today. Officials from Ministry of Transport, Ethiopian Roads Authority and Ethiopian Payment Roads Enterprise attended the ceremony organized to officially announce operation of Mojo-Meki-Batu Expressway. The Mojo-Meki-Batu expressway, which has 92 kilometer length and 32 meter width with five […]

Business

Russian Ambassador to Ethiopia Visits Bole Lemi, Kilinto Industry Parks

Russian Ambassador to Ethiopia Evgeny Terekhin, today visited Bole Lemi and Kilinto Industry parks located in the Capital Addis Ababa. During the visit, the Ambassador held discussion with Deputy Commissioner of the Ethiopian Investment Commission Daniel Teressa and other officials about investment opportunity in Ethiopia. In the visit the officials saw various factories that are operating […]