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DowDuPont to expand seed business in Ethiopia

Following the merger of Dow Chemical and DuPont last year, Corteva Agri-science, a newly formed agricultural division of DowDupont has expressed its plans to consider supplying sunflower, sorghum and soybeans in addition to the long-existing hybrid maize seed business in Ethiopia.

US matches the Chinese in development financing

Weeks after the USD 60 billion pledge by the Chinese government was announced to finance Africa; the US congress has passed a new investment bill which targets development sectors in the Least Developed Countries (LDCs).

Dutch farms team up to engage in CSR

Three Dutch-owned horticulture farms have teamed-up to engage in corporate-social-responsibility mantra in Koka. The three Dutch farms: the Florensis Ethiopia, Syngenta and Dummen Orange have teamed up to help complement the work of the Social & Environmental development organization (SAEDO) which was established in 2014 as a local strategy to reduce poverty in the area by the said companies.

Exhibition, Construction event to highlight Agriculture

AddisBuild, Ethiopia’s premier construction event, is set to host its annual event at the Millennium Hall starting Wednesday next week. In collaboration with the Turkish based Ladin International Fair & Congress Organization INC. and Ethel Advertising and Communication PLC. Of Ethiopia; the exhibition is expected to host hundreds of investors inching to get into the booming local construction industry. 

Promising Int. signs lethargic wheat supply bid

After months of back and forth, Promising International Trading Co. Dmcc – a major supplier of wheat to the Ethiopia market – has finally inked a contract to supply 200,000 metric tons of wheat with 1.56 billion birr, The Reporter has learnt.

EEP, Enel Green Power to acquire land for solar power plant

The Ethiopian Electric Power (EEP) and Enel Green Power (EGP), the Italian company that is set to sign a power purchase agreement to develop a 100MW solar power plant near Metehara town in the Oromia Regional State at a cost of 120 million USD, are going to acquire land from the regional state.   

Global franchises challenged by knock-off brands in Ethiopia

Just in time for the opening its belated first Kentucky Fried Chicken franchise in the Addis Ababa and following the opening of two Pizza Hut franchises, Yum! Brands of South Africa, the company behind the famous fast food chain of restaurants, is facing unexpected competition from knock-off restaurants set to open in the Bole area next month, among which is the Kentaki Krunchy Fried Chekin (KKFC).

Optimism amid challenges for IT innovators in Ethiopia

They are in their early twenties and passionate about technology. They say they would love to invent from day in, day out; a dream they crave to live. Rediet Berhanu, Yonas Woldegebriel, and Nebiyu Ahmed were competing in ‘Solve It!’ IT competition challenge organized by the US Embassy in Addis Ababa in partnership with iCog Labs and Humanity Plus.