A newly established coffee roasting firm which aims to export a value added and processed coffee, is about to export its first batch of roasted coffees with an immediate entry to Chinese and South African markets.
A development and environmental scholar, Atkyelesh G.M. Persson has found out that foreign large-scale firms engaged in the Ethiopian agricultural sector have failed to deliver on productions and argued that most of the companies studied have been found to meet the minimum standards of a “responsible investors”, The Reporter has learnt.
The National Bank of Ethiopia (NBE) has licensed the first foreign capital lease finance company called Ethio Lease.
Ethio Lease was established by African Asset Finance Company, a New York City-based finance company, with a registered capital of 400 million birr.
Some 600 global hoteliers and major brand executives are set to return to Addis Ababa for the third time to take part in the Africa Hotel Investment Forum (AHIF), which is scheduled to be held in September.
The new management of Ethio Telecom led by CEO Frehiwot Tamru on Tuesday presented the annual performance of the company to the media. And, according to the numbers, it has been another good year for the telecom giant amid a turbulent political landscape in the country.