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Spain eyes Ethiopian growing market

The Government of Spain is closely observing the growing Ethiopian economy which the European nation says is significant to strengthen trade and investment between the two countries.

ON A FAST LANE

It seems that the largest bank in the country, the Commercial Bank of Ethiopia (CBE), is striding on a fast lane to become one of the major financial services provider in East Africa.

Ethio-Egyptian JV set to process weed into energy

Egyptian and Ethiopian companies have inked deals that aim at replacing coal as an energy source with weeds. The joint venture (JV) has acquired a whopping one million hectares plot of land in the Afar Regional State.