Ethiopia

Ethiopian Airlines Announces A Re-Opening Plan

Ethiopian Airlines Announces A Re-Opening Plan

Ethiopian Airlines, having been used majorly to airlift medical and personal protective equipment (PPE) during the pandemic, has announced the welcome back of business and leisure t…...

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$1.2 million for Ethiopia-Sudan railway study by the AfDB.

$1.2 million for Ethiopia-Sudan railway study by the AfDB.

The African Development Bank’s Board of Directors has approved a $1.2million grant to Ethiopia’s government to finance a feasibility study for construction of a standard-gauge rai…...

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Ethiopia power plant gets USD 10 million boost

Ethiopia power plant gets USD 10 million boost

Ethiopia has taken a step towards its green energy target andopened the door to further private sector investment in geothermal energy, with a USD 10 million loan from a fund.The co…...

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Safaricom Eyes an Opportunity to Expand into Ethiopia

Safaricom Eyes an Opportunity to Expand into Ethiopia

Safaricom PLC is planning to extend its reach into Ethiopia, Kenya’s northern neighbour.Although not initially successful with its first few attempts, new changes within the Ethiop…...

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African Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia

African Development Bank welcomes $10 million Clean Technology Fund investment to diversify Ethiopia

(AfDB ) - The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate Investment Funds (…...

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Country launches new dam project to boost agriculture

Country launches new dam project to boost agriculture

The Ethiopian authorities have just selected three companies for the construction of the Kaza dam as well as the development and rehabilitation of new irrigation facilities. This pr…...

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Rural electrification to unlock $4 billion in Ethiopia’s economy

Rural electrification to unlock $4 billion in Ethiopia’s economy

A new report released by Rocky Mountain Institute states thatlinking agriculture and rural electrification in Ethiopia could help the country unlock up to $4 billion in its economy.…...

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Ethiopia: Rural electrification is key to agricultural transformation

Ethiopia: Rural electrification is key to agricultural transformation

According to the report this can be achieved when farmers switch to electricity from expensive alternatives such as diesel. In collaboration with the International Food Policy Resea…...

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New water bottling company in Ethiopia joins the burgeoning Industry

New water bottling company in Ethiopia joins the burgeoning Industry

ETHIOPIA – Kefeta Spring Water, anew water bottling company in Ethiopia has joined the competitive industry withan investment of 62 million Br (US$1.9m) and partial financing from …...

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IFC invests US$55.9M in Habesha Breweries, boosting Ethiopia’s barley industry

IFC invests US$55.9M in Habesha Breweries, boosting Ethiopia’s barley industry

ETHIOPIA — The InternationalFinance Corporation (IFC) has extend US$55.9 million financing to HabeshaBreweries S.C., abeverage manufacturer in Ethiopia to help the company expand i…...

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