[ENA] Ethiopia has attracted 2.43 billion USD worth of Foreign Direct Investment (FDI) in the past nine months, according to the Ethiopian Investment Commission.

[Ethiopian Herald] ADDIS ABABA- The government's move to engage local investors in the mining sector will boost Ethiopia's economy and improve the livelihoods of citizens. Economists said, calling for stiff measures to halt frauds in the production permits.

An analysis of conflicting 2020 figures from the IMF and World Bank reveal why the latter gave Addis Ababa the edge.

It piles more pressure on an economy reeling from the conflict, the coronavirus pandemic, and high inflation.

Kenya's FDI was spread into 36 projects and supported 2,000 jobs compared to Ethiopia which posted 11 projects and 1,000 jobs.

Sixteen Ethiopian staff working for the United Nations were in detention on Nov. 9 after government raids targeting ethnic Tigrayans, U.N. and humanitarian sources said, as foreign envoys scrambled to end the country’s year-long war.

Prime minister Abiy Ahmed faces potential defeat a year after starting his ‘law enforcement’ operation

[Ethiopian Herald] A webinar Business Forum organized by Afrika Verein (German Africa Business Association) in cooperation with the embassy of Ethiopia in Berlin and the Ministry of Foreign Affair of Ethiopia was held on Friday (October 29).

On the morning of September 26, 2021 China-Africa Youth Innovation and Entrepreneurship Forum, one of the important economic and trade negotiation activities of the second China-Africa Economic and Trade Expo, was successfully held in Xiangjiang Fund Town, Xiangjiang New Area, Hunan Province. At the forum, young entrepreneurs and students from ...

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.