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Jin Kimiaki is chief country representative for Japan International Cooperation Agency (JICA). During his stay in Ethiopia, he was able to receive both Prime Minister Shinzo Abe and the newly assigned JICA’s president, who visited Ethiopia one after another.
The European Union has extended a sum of 35 million euros to Addis Ababa University (AAU) for the establishment of the Ethio-European International Business School and the Ethio-European Business Innovation Center.
- Manufacture export fares way below target The Ministry of Industry (MoI) has vowed to build four major integrated agro industrial parks with a total cost of USD 1.5 billion separate from the ongoing industrial parks development projects headed by the Industrial Parks Development Corporation (IPDC).
Vows to build 166 homes per month in two years The new entrant to the real estate business in Ethiopia, Noah Real Estate, is poised to inaugurate Best Western Hotel in six weeks’ time.
Led by Hunan Provincial Government, the branch of the Chinese Export and Import Bank (Ex-IM Bank of China) pledged to extend USD one billion for the construction of an industrial park expected mainly to host Chinese enterprises.
Predominantly owned by Ethiopian returnees from South Africa, who have invested 1.55 billion birr for the expansion of C&E Brothers Steel Factory, the owners are set to manufacture 250,000mt of wire rods, which ordinarily are used to manufacture nails.
A tiny and flappy adhesive tape sized object, which is said to be critical in regulating CO2 emissions mostly from old vehicles, is to be introduced to local customers.
100 hotels rated zero stars In the concluded nine months of the current Ethiopian fiscal year, the tourism sector has enabled the country to generate a sum of USD 2.7 billion in revenue from 712,111 visitors which is found to be below the target set for the period.
-Exporters must get full payment before shipping - Experts are...
3.2 million people face water shortage Up to five billion...