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Category: Business

Second Phase of Lowlands Resilience Project to Benefit 3 Million People

August 17, 2024

Addis Ababa: The second phase of the Lowlands Livelihood Resilience Project was officially approved today, aiming to improve the lives of 3 million Ethiopians across seven regions and Dire Dawa city administration, according to the Ministry of Irrigat…

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Ethiopia Signs 300MW Wind Project Power Deal with UAE’s AMEA Power

August 17, 2024

Addis Ababa: Ethiopia has signed 300MW Aysha-1 wind project Power Purchase and implementation agreements with United Arab Emirates (UAE)’s AMEA Power.

The Aysha wind energy project is poised to become the largest wind energy project in the Horn of Af…

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UNCTAD Lauds Ethiopia’s Ongoing Macroeconomic Reform Policy as Positive Move

August 17, 2024

Addis Ababa: Ethiopia’s macroeconomic reform policy is a very positive move in strengthening the whole economic environment and building the confidence of investors, according to the United Nations Conference on Trade and Development (UNCTAD).

Speaki…

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Ethiopia’s Macroeconomic Reform Augments Export: Horticulture Producer Exporters

August 16, 2024

Addis Ababa: The recent macroeconomic reform will significantly enhance the competitiveness of export and the growth of the horticultural industry, according to producer exporters of cut flowers, vegetables, and fruits.

The producer exporters told EN…

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Finance State Minister, America Chamber of Commerce Ethiopia Hold Talks

August 16, 2024

Addis Ababa: Finance State Minister Eyob Tekalign has conducted discussion with the America Chamber of Commerce Ethiopia (AmCham Ethiopia) at the Hyatt Regency Hotel in Addis Ababa.

The exclusive forum featured the state minister and the US Ambassado…

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Over 43, 000 Hectares of Land Under Cultivation to Enhance Grain Reserve

August 16, 2024

Addis Ababa: Over 43,000 hectares of land in the Oromia region are being cultivated and developed to establish a grain reserve capable of storing 1.7 million quintals.

The cultivation has taken place during the autumn and summer seasons to yield 1.7 …

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