Business

FDI Inflow Increases in First Quarter of Ethiopian Fiscal Year

Addis Ababa: Foreign Direct Investment inflow has increased by 12 percent during the first quarter of the current Ethiopian Fiscal Year compared to the previous similar period, according to Ethiopian Investment Commission.

Officials from Ethiopian In…

Lord Collins of Highbury Commends Reform Efforts in Ethiopia

Addis Ababa: Ethiopia’s Minister of Finance, Ahmed Shide met today with Lord Collins of Highbury, United Kingdom’s Parliamentary Under-secretary of State for Africa and held productive discussion on the two countries’ bilateral partnership.

On the oc…

Shipping lines charge for services in Ghana cedis – SOAAG

The Ship Owners and Agents Association of Ghana (SOAAG) has debunked accusations from freight forwarders and traders that shipping lines were contravening the Bank of Ghana’s (BOG) regulations and charging for their services in US dollars.

Mr Adam I…

Prime Minister Abiy Recognizes Loyal Taxpayers

Addis Ababa: Prime Minister Abiy Ahmed recognized loyal tax payers in a national ceremony held tonight.

In social media post, extended his congratulatory message to the awardees of the 6th Annual Loyal Taxpayers Recognition Ceremony.

Your commitment…

Ethiopia Doubles Coffee Production in Five Years : PM Abiy

Addis Ababa: Prime Minister Abiy Ahmed has announced the impressive achievement of doubling Ethiopia’s annual coffee production from 500,000 tons to over 1 million tons within the last five years.

This significant milestone was highlighted during a n…

Addis Ababa Mayor Wins 2024 Seoul Smart City Leadership Award

Addis Ababa: Addis Ababa City Administration Mayor Adanech Abiebie has been recognized as the winner of the 2024 Seoul Smart City Leadership Award in South Korea.

‘On behalf of the city administration, I am honored to congratulate you on winning the …