• Five Dutch Horticulture Companies to Invest in Ethiopia

    Five Dutch companies are set to engage in horticulture development on 500 hectares of land in Ethiopia's Amhara region at an area called Kunzila. The investment and related supports that come with it, it was learned, will be of benefit for 10,000 residents of the area.

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  • Chinese textile manufacturer's investment thrives in Ethiopia

    As part of the Belt and Road Initiative (BRI) supported by the government, Chinese private textile manufacturers are exploring better development methods in Ethiopia.

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  • Ethiopia ranks high in investment reward score

    Control Risk Consultancy, a consulting firm headquartered in London, England, in consortium with the Oxford Economics, has placed Ethiopia at the top of the chart in Africa Risk-Reward Index, which ranks countries depending on the risks and rewards for investors there.

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  • Ethiopia to Open Banks for Ethiopian Investors in the Diaspora

    The government of Ethiopia recently passed a law that will enable Ethiopian in other parts of the world to invest in the country’s financial services industry. Quartz Africa reports that this move will open up the country’s industry which has been dominated by state-owned institutions.

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  • UK Wants to Increase Presence in Ethiopian Economy

    The United Kingdom wants to consolidate and increase economic collaboration with Ethiopia, said the Secretary of State for International Development of the European country, Alok Sharma, in conversation with the Prime Minister of the African state, Abiy Ahmed.

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  • Ethiopia is partnering with Jack Ma’s Alibaba to build its digital economy

    Ethiopia has entered into a partnership with Chinese e-commerce giant Alibaba to build and boost the country’s digital economy. The announcement was made during a meeting between the Ethiopian Minister of Innovation and Technology Getahun Mekuria and  Jack Ma, founder of Alibaba Group at the Alibaba Group headquarters in Hangzhou, China, recently the ministry said on Wednesday.

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  • UAE fund inks $100m deal to boost Ethiopian innovation, entrepreneurs

    The Abu Dhabi-based Khalifa Fund for Enterprise Development (KFED) has signed a partnership agreement with the Ethiopian Ministry of Finance aimed at providing over $100 million to help promote a culture of innovation and entrepreneurship in the African country.

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  • Vasari Beverages raises $100m capital to expand in Ethiopia

    The funding will be used to enhance the production capacity of its Rorank Business in Ethiopia.

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  • Coca-Cola highlights Ethiopia’s investment potential in a new campaign

    With the aim of showing the immense investment and tourist attractions of Ethiopia, Going Big in Ethiopia a new video campaign is launched in Addis on Thursday.

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  • KPR Mill opens factory in Ethiopia

    KPR Mill in Coimbatore, which is one of the well-known vertically integrated textile companies of India, has started its apparel production in Ethiopia’s Mekelle Industrial Park

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