borkenaMay 21, 2019 New regulation introduced to regulate expatriate investors engaged in oil extraction in Ethiopia met with resistance from companies in the sector, reported the Ethiopian Reporter on Sunday. The new regulation requires those who are in the business of oil extraction to open a foreign currency bank account in Ethiopia. If this arrangement […]
borkena May 14, 2019 Ethiopia’s capital, Addis Ababa, will be hosting the 19th World Export Development Forum. International Trade Centre (ICT) and the Federal Ministry of Trade and Industry will jointly organize the event in collaboration with the African Union, according to a report by ICT. It will take place in six months time between […]
borkena April 12,2019 The Ministry of Finance and Ethiopian Sugar Corporation have jointly prepared a questionnaire for investors who seek to acquire sugar projects in Ethiopia. And it is going to be available online starting Monday next week, according to a report by state broadcaster – EBC. The report on Friday added that the questioner […]
borkena April 4,2019 Siemens, one of Germany’s largest manufacturing company,unveiled on Thursday plans to open a technology center in Ethiopia. The Company’s CEO, Joe Kaeser, disclosed the plan during a meeting with Getahun Mekuria, Ethiopia’s Innovation and Technology Minister, in Addis Ababa, Ethiopia. Based on a report from state media, his visit to Ethiopia came […]