Saudi Billionaire Al-Amoudi’s company building biggest cooking oil factory

Saudi Billionaire Al-Amoudi’s company building biggest cooking oil factory

With the construction of a 4 billion birr worth of Sheger cooking oil factory in Addis Ababa, Ethiopia aims to minimize a bit of foreign currency expenditure borkenaDecember 30, 2019 The construction of Ethiopia’s giant cooking oil factory is launched this past weekend. Acting Mayor of Addis Ababa City, Takele Uma, laid the cornerstone for […]

China’s CCECC Inks Deal to Build Industrial Park in Ethiopia

China’s CCECC Inks Deal to Build Industrial Park in Ethiopia

By Tesfa-Alem TekleborkenaDecember 24, 2019 (ADDIS ABABA) – China Civil Engineering Construction Corporation (CCECC) on Monday signed an agreement with Ethiopia’s Dire Dawa city administration to construct an  industrial park in the city. The agreement was signed by Ahmed Bohh, Deputy Mayor of the Dire Dawa City Administration and Guo Chongfang, CEO of CCECC. CCECC […]

Kenyan Banks,Investors say Desirous to Invest in Ethiopia

Kenyan Banks,Investors say Desirous to Invest in Ethiopia

By  TESFA-ALEM  TEKLEborkenaDecember 18, 2019  (ADDIS ABABA) –  Kenyan investors including a number of Kenyan Banks have expressed their interest to invest in Ethiopia at a business workshop held on Wednesday in Nairobi. The Ethiopian Embassy in Kenya on Wednesday hosted the second business Workshop where some 60 different Kenyan companies attended. At the workshop, […]

Ethiopia, Saudi Arabia held Business Forum in Addis Ababa

Ethiopia, Saudi Arabia held Business Forum in Addis Ababa

The Ethio-Saudi Arabia Business Forum was held in Addis Ababa. About 229 Saudi investors in Ethiopia already. MFAEPublished on December 10, 2019 Over 150 Ethiopian and Saudi Arabian companies participated in the forum that aimed at attracting Foreign Direct Investment (FDI) and strengthening business-to-business linkages between the two countries. In his opening remarks, State Minister […]