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Category: Business

IPDC Earns over Two Billion Birr Revenue in Last Fiscal Year

July 20, 2024

Addis Ababa: Industrial Parks Development Corporation (IPDC) stated that it has obtained more than 2.1 billion Birr in revenue during the just ended 2023/24 Ethiopian fiscal year.

The revenue was earned from the rental of production sheds, service la…

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IPDC Attracts More than 500 Million US Dollars Investment Capital in 2023/24 FY

July 20, 2024

Addis Ababa: Industrial Parks Development Corporation (IPDC) disclosed that it attracted more than 500 million dollars in capital investments during the previous Ethiopian fiscal year.

Similarly, the corporation revealed that more than 237 million US…

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Ethio-Italy Investment and Business Forum Held in Milan City

July 20, 2024

Addis Ababa: A two-day Ethio-Italy Investment and Business Forum that focused on deepening investment and business partnerships between Ethiopia and Italy was conducted in Milan city.

The Investment and Business Forum was organized by the Ethiopian E…

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Ethiopia Targets Illicit Wealth with New Asset Recovery Bill

July 20, 2024

Addis Ababa: The Federal Ethics and Anti-Corruption Commission announced that the asset recovery bill will enhance its capacity to effectively combat corruption.

Individuals and groups engage in various criminal activities, including corruption, to a…

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Addis Ready to Host Preparatory Conference of 4th Int’l Conference on Financing for Development

July 19, 2024

Addis Ababa: The Ministry of Foreign Affairs disclosed that preparations are underway to host a preparatory conference for the Fourth International Conference on Financing for Development (FfD) in Addis Ababa next week.

Spokesperson of the ministry, …

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Ethiopia’s Promising Economic Growth Must Be Supported by Stakeholder Organizations: PSI Director-General

July 19, 2024

Addis Ababa: The promising economic growth of Ethiopia witnessed in the first phase of the Homegrown Economic Reform must be supported by organizations such as the Ethiopian Economics Association and the Policy Studies Institute, Director-General of t…

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