New laws being crafted will enable lenders to tap into the lucrative market. Horn of Africa nation has largely restricted foreign firms from its financial market.

[Addis Standard] Addis Abeba -- No sooner than when Safaricom arrived in Addis Abeba did it encounter turbulence. It seems Safaricom's managers did not consider the differences between the business environments in Ethiopia and Kenya.

[RFI] A number of African leaders was in New Delhi for a key investment meeting this summer that brought together 40 ministers from 17 countries including Burkina Faso, Congo, Cameroon, Eswatini, Ethiopia, Gabon and Malawi among others.

Kenya will start importing electricity from the neighbouring country in November with an initial 200MW.

RIO DE JANEIRO, BRAZIL - Colombia is the only Latin American country with NATO "global partner" status. Bogota has contributed to anti-piracy patrols in the Horn of Africa, and Colombian experts have provided mine clearance training to allies and partner countries. The rapprochement between Colombia and NATO took place during ...

Earnings from mostly apparel came on the back of Addis' exclusion from exclusive trade pact due to war in Tigray.

[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