Addis Ababa: Oromia region President Shimelis Abdisa announced a focus on maximizing rainy-season farming and expanding dry-season irrigated wheat cultivation to bolster agricultural production and contribute to export initiatives this Ethiopian Fisca…
Ethiopia Targets Illicit Wealth with New Asset Recovery Bill
Addis Ababa: The Federal Ethics and Anti-Corruption Commission announced that the asset recovery bill will enhance its capacity to effectively combat corruption.
Individuals and groups engage in various criminal activities, including corruption, to a…
Ethio-Italy Investment and Business Forum Held in Milan City
Addis Ababa: A two-day Ethio-Italy Investment and Business Forum that focused on deepening investment and business partnerships between Ethiopia and Italy was conducted in Milan city.
The Investment and Business Forum was organized by the Ethiopian E…
IPDC Attracts More than 500 Million US Dollars Investment Capital in 2023/24 FY
Addis Ababa: Industrial Parks Development Corporation (IPDC) disclosed that it attracted more than 500 million dollars in capital investments during the previous Ethiopian fiscal year.
Similarly, the corporation revealed that more than 237 million US…
IPDC Earns over Two Billion Birr Revenue in Last Fiscal Year
Addis Ababa: Industrial Parks Development Corporation (IPDC) stated that it has obtained more than 2.1 billion Birr in revenue during the just ended 2023/24 Ethiopian fiscal year.
The revenue was earned from the rental of production sheds, service la…
Ethiopia’s Membership in BRICS Would Drive Its Economic Growth, Says UNDP Advisor
Addis Ababa: Ethiopia could successfully capitalize on BRICS membership to drive economic growth and development, a development advisor at the United Nations Development Programme (UNDP), Gedion Jalata told ENA.
For months now, Ethiopia has officiall…