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Category: Business

Agriculture, Education And Roads, Big Beneficiaries In 2024/2025 Budget

March 12, 2024

The sectors of agriculture, education and roads are slated to reap big in the 2024/2025 national budget.

Chairperson of the Parliamentary Committee for Budget and Appropriation Ndindi Nyoro has noted in the Sh4.188 trillion budget, more funds were fa…

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Ethiopia, World Bank Discuss Ways to Enhance Collaboration in Agricultural Sector

March 11, 2024

The Minister of Agriculture Girma Amente held discussion with the Executive Director of World Bank Group, Floribert Ngaruko on ways to enhancing collaboration in the development of the agricultural sector.

Various activities are being carried out in …

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Construction of Lemi National Cement Factory Nearing Completion

March 11, 2024

High level government officials led by Deputy Prime Minister Temesgen Tiruneh visited the ongoing construction of Lemi National Cement Factory in North Shewa Zone of Amhara Region today.

On the occasion, the Deputy Prime Minister said that the constr…

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Russian Embassy Working to Attract New Russian Investors to Invest in Ethiopia

March 11, 2024

Russian embassy in Ethiopia is working eagerly to enable Russian investors to invest in Industrial Parks and free trade zones managed by Industrial Parks Development Corporation (IPDC).

IPDC, CEO Aklilu Tadesse held discussion with Russian ambassador…

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OVID Real-Estate Officially Launches Its Housing Project in Addis Ababa

March 10, 2024

OVID Real-Estate, a sister company of OVID Group, has today officially launched the ongoing construction of housings projects in Addis Ababa.

On the occasion, the company has also carried out sales of houses with 40 percent discount that lasts only f…

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Yirgalem Industrial Park Benefits Local Community, Enhances Export Earnings, & Import Substitution

March 10, 2024

Yirgalem Integrated Agro-Industrial Park, located in Ethiopia’s Sidama Region, stated that it has been creating economic benefits for the local community by strengthening their participation in the supply chain.

The Park, which covers 294.5 hectares,…

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