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.

[ENA] Addis Ababa -- Tourism Ethiopia announced that it has launched special investment incentives at seven different Ethiopian tourist destinations.

[Addis Fortune] The Office of the Prime Minister has formed a high-level committee that will assess the damage suffered by investments and business entities due to instability in the country. With four institutions as members, the committee has started its operations by requesting that banks and insurance companies submit data ...

[Addis Fortune] A task force made up of six members from the Ministry of Trade & Industry has been set up to assess the cost of damage to businesses in Tigray Regional State due to the recent conflict. Established a week ago, the task force will also forward recommendations to ...

[Ethiopian Herald] The Ministry of Trade and Industry recently announced that it is planning to enable the country earn as much as nine billion USD in the coming ten years from the export of manufacturing products. One of the strategies in this regard is to attract Foreign Direct Investment.

Kenya and Ethiopia signed a bilateral agreement in 2011 to develop the joint border point and road to enhance trade relations between the two

[Addis Fortune] Insurance companies are required to invest at least 40pc of their admitted assets in treasury bills (T-bill), according to a new circular issued by the National Bank of Ethiopia (NBE). Signed by Fikadu Digafie, vice governor and chief economist at the central bank, the letter was dispatched three ...

[SAnews.gov.za] The Department of Trade, Industry and Competition (dtic) will host a virtual Outward Trade and Investment Mission with Ethiopia this week.

Turkish nationals, who were stuck in Ethiopia's Tigray region, were evacuated to Addis Ababa, Turkey’s foreign minister said on Nov. 18.

Ethiopia has presented the government of Turkey with explanations about what it described as law enforcement measures in Tigray regional state.

[ENA] Addis Ababa -- Indonesian companies are showing interest in unleashing the business potential by investing in the pharmaceutical and food industry in Ethiopia, Indonesian Abassador to Ethiopia said.

[Ethiopian Herald] Ethiopia is now transforming its home- grown economy and financial reforms to build a stable and strong economy. The private sector is believed to play a key role. It is well known that the private sector, which can make a significant contribution to the country's economy, was led ...

Ministry of Foreign Affairs has stated that Yassin Juma reporter was released from Woreda isolation centre after completing the 14 days

[ENA] Addis Ababa -- Awash International Bank purchased 25 million birr worth bond to finance the construction of the Great Ethiopian Renaissance Dam (GERD).

La notizia della tragica scomparsa di Hachalu Hundessa ha scatenato le proteste della comunità oromo in Etiopia e all’estero. Riportando in primo piano rivendicazioni che si erano sopite con l’arrivo al potere di Abiy Ahmed. Leggi

Primo arresto a Hong Kong in base alla nuova legge sulla sicurezza nazionale, scioglimento parziale delle forze speciali del Ksk in Germania, almeno dieci morti durante le proteste oromo in Etiopia. Leggi

[Nyasa Times] Former Malawi Ambassador to Ethiopia and the African Union Chimango Chirwa has been appointed chief executive officer for the Malawi Investment Trade Centre (Mitc).