Business

Ethiopia’s Tourism Sector Sees Unprecedented Growth in Nine Months

Addis Ababa: Ethiopia’s tourism sector has experienced unprecedented growth over the past nine months, with significant strides made in both conference tourism and destination development, according to Minister of Tourism Selamawit Kassa. According to Ethiopian News Agency, tourism has received exceptional attention from the government and key institutions, with a notable surge in international, continental, […]

Business

Africa’s Hotel Surge Smashes Records

Addis Ababa: Africa’s hotel pipeline surges to 104,000+ rooms in 2025 as global chains expand, a new report reveals. Of the top 10 African countries, Ethiopia has the highest ratio of rooms ‘on site’, followed by Morocco and Ghana. According to Ethiopian News Agency, this year’s Hotel Development Pipeline Report, the definitive study of international […]

Business

UN, AU Collaborate for Sustainable Development in Africa

Addis Ababa: The United Nations and the African Union (AU) are creating synergy in implementing the African Union’s Agenda 2063 and the UN Sustainable Development Goals for Agenda 2030, described as “Two agendas, One framework.” According to Ethiopian News Agency, a meeting of major development partners in Africa was held under the theme “Accelerating Transformation […]

Business

Africa’s Leather Sector Poised for Transformation

Addis Ababa: The Africa Leather and Leather Products Institute (ALLPI) successfully hosted its Second Breakfast Meeting with Embassy Representatives of the 21 COMESA Member States on 8th April 2025, in Addis Ababa, Ethiopia. The event brought together high-level participants including Ambassadors, representatives of the African Union, development partners, industry experts, and senior government officials under […]

Business

More Nigerian Investors to Come to Ethiopia as Country Opens Up: Nigeria’s Deputy Head of Mission

Addis Ababa: More Nigerian investors will come to Ethiopia as the country continues opening up its economy to private businesses, Nigeria’s Deputy Head of Mission Maxy Ogbede said. According to Ethiopian News Agency, the deputy head of mission at the Nigerian Embassy in Addis Ababa stated that Nigeria is looking at improved trade relations with […]

Business

Ethiopia Strategic Market for Africa’s Growth, Says Afreximbank Compliance Director

Addis Ababa: Ethiopia is a strategic market and an important country for the growth of the continent, the African Export-Import Bank (Afreximbank), Compliance Director Idrissa Diop said. According to Ethiopian News Agency, Compliance Director at Afreximbank, Idrissa Diop highlighted Ethiopia’s strategic role in Africa’s growth. “At Afreximbank, we believe that Ethiopia is a very strategic […]