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Category: Business

Ethiopia, Pakistan Discuss Collaborative Initiatives for Human Resource Dev’t

August 8, 2024

Addis Ababa: Ethiopia and Pakistan have discussed collaborative initiatives to produce productive human resources for their countries, according to Ethiopian Embassy in Islamabad.

The joint skill development initiatives such as hands on trainings and…

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Over 5.6 Billion Birr Worth Import Products Substituted Locally by Souffle Malt Ethiopia

August 8, 2024

Addis Ababa: Industrial Parks Development Corporation CEO, Fisseha Yitagesu pledged to provide all the necessary support to expand the investment of Souffle Malt Manufacturing Company located in Bole Lemi Industrial Park.

The CEO made the remark whil…

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Moroccan Ambassador Urges African Nations to Realize AfCFTA Agreement

August 7, 2024

Addis Ababa: African countries must work hand in hand to realize the African Continental Free Trade Area (AfCFTA) as it is a very important agreement that enables African countries to deal without customs, administrative, and bureaucratic constraints,…

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Special FX Auction Concludes with Average Rate of 107.9 Birr Per USD

August 7, 2024

Addis Ababa: The National Bank of Ethiopia (NBE) announced that it has concluded the Special Foreign Exchange Auction held today with a weighted average rate of Birr 107.9 per USD.

In its statement, the central bank said the auction saw the participa…

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Ethiopian Securities Exchange to Commence Operation Coming October

August 7, 2024

Addis Ababa: The Ethiopian Securities Exchange (ESX) will commence its operation in October 2024, ESX Director-General Tilahun Kassahun told the Ethiopian News Agency.

He said that preparations, including collecting finances, have been carried out to…

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Macroeconomic Reform Ushers in Competitive Investment Opportunity: Indian Investor

August 7, 2024

Addis Ababa: The Macroeconomic reform policy which Ethiopia has embarked on has created great opportunity for competitive investment in the country, Indian investor Mayur Kothari said.

Speaking to ENA, Chairperson of Indian Mohan Group PLC in Ethiopi…

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