Biden issues executive order ahead of key decision on Addis Ababa’s participation in African trade agreement

Self-declared state due to compete head to head with Djibouti for Ethiopia’s trade

The office of Prime Minister Abiy Ahmed did not immediately respond to requests for comment.

[ENA] Addis Ababa -- The official visit conducted by Prime Minister Abiy Ahmed to Turkey is expected to further boost the Growing Ethio-Turkish Diplomatic, Trade, and Investment Relations.

In addition to tapping German as Israel's top diplomat in Paris, Foreign Minister Lapid intends to appoint former Knesset member Shimon Solomon, who was born in Ethiopia, as ambassador to Angola

[Ethiopian Herald] Different investment related information indicate that Ethiopia is being considered a promising place for investment. The investment information providers assured that the country is a strategic destination for multinational investors following its diversified investment opportunities and various investment incentives by the government.

The Board of Green Climate Fund (GCF) has approved $170.9 million dollars in financing for the African Development Bank’s (AfDB) leveraging energy access finance framework (LEAF) programme, a statement from the AfDB yesterday, said. LEAF aims to unlock commercial and local-currency financing for decentralised renewable energy (DRE) projects in six ...

[Ethiopian Herald] In the last two decades the government showed its commitment for the enhancement of agricultural productivity through attracting investment on agriculture both from local and foreign stake holders. Legal frame works crafted and institutions are established for the provision of land for investors and licensing. In addition, incentive ...

[Ethiopian Herald] Recently, United Nations Conference on Trade and Development (UNCTAD) has revealed its world investment report as of the 2021 fiscal year. And the report stated that Ethiopia has collected USD 2.4 billion from FDI despite 6 percent reduction due to the impact of the pandemic by 2020.

[ITC] Guidance to invest sustainably in markets. Four companion guides complement the handbook by listing the mandatory sustainability requirements in Ethiopia, Kenya, Mozambique and Zambia.

According to data obtained from the World Bank. Ethiopia's economy has expanded by nearly three times in the last decade to 2019.

[Ethiopian Herald] ADDIS ABABA - Ethiopia has led East Africa in attracting Foreign Direct Investment (FDI) and is Africa's fifth-largest recipient of FDI, Ethiopia's Ambassador to Belgium, Luxembourg and the EU institutions Hirut Zemene said.

[Ethiopian Herald] ADDIS ABABA- Foreign and local investment projects with the combined capital of 83-billion-Birr have become operational during the first half of the current fiscal year, Oromia Investment Commission said, adding that the projects have created 313,615 jobs in the State.

We, the G7 Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America and the High Representative of the European Union are strongly concerned about recent reports on human rights violations and abuses, and violations of international humanitarian...

Involvement by Eritrean troops in ‘law and order’ operation tips country into fully fledged crisis

[Ethiopian Herald] ADDIS ABABA- The decision the government has made to open the multimodal sector to foreign entities would certainly attract foreign investors apart from bringing new working culture, modern technology and innovation to Ethiopia's transport industry, a renowned economist said.

[Ethiopian Herald] The Consulate General in Los Angeles in collaboration with the Ministry of Foreign Affairs of the Federal Democratic Republic of Ethiopia hosted virtual Investment Forum on Thursday March 18, 2021 to strengthen business ties between Ethiopia and the United States of America.

Turkey is aiming to expand its investments in Ethiopia which already add up to billions of dollars, Ankara's ambassador to the African nation said.

[Addis Fortune] Reduced claims and improved investment income ushered Abay Insurance toward increasing its net profit by 12.3pc to 63 million Br in the last fiscal year. Yet its earnings per share (EPS) declined slightly.

[Ethiopian Herald] The higher management of the Ministry of Agriculture and other stakeholders recently held discussion on options of expanding the horticulture investment and the national project of boosting avocado production in areas with potential and suitable climate.