National Convention Center (NCC) catalyzes tourism sector development

Next to New York and Brussels, Addis Ababa is the third international city in hosting various international and continental organizations’ conferences attended by a huge number of participants. Attendees of different conferences... Read more »

Manufacturing as a springboard to nation’s economic transformation

The Ethiopian economy has been dependent on agriculture for several centuries. However, since the agriculture sector has been practiced is being practiced in a backward manner, the nation could not manage to... Read more »

Why Ethiopia’s service sector needs industrial base

Currently, the service sector is emerging in tandem with Ethiopia’s agriculture-driven economy. Some economists consider the economic trend as an unhealthy one. As a result, economists argue that the country needs to... Read more »

New investment proclamation for better FDI

Ethiopia has been attracting high amount of FDI for consecutive years. It has been leading the continent and the region. Ethiopia’s encouraging incentives for investors, and a predominantly younger population of the... Read more »

Civic societies keen on taking part in reform agendas

ADDIS ABABA-Leaders of the Ethiopian civic societies expressed desire to play a meaningful and constructive role for the implementation of the ongoing broad-based reforms that aim to improve the socio-economic and political... Read more »

Commission drafts new investment proclamation to attract more FDI

ADDIS ABABA– Ethiopian Investment Commission (EIC) has drafted a new investment proclamation to modernize the service delivery and attract more Foreign Direct Investment (FDI). Ease of doing business is among the prior... Read more »

Gov’t opens bid for Ethio- telecom, Sugar factories privatization

ADDIS ABABA – Ministry of Finance has announced that preparation are finalized to partially privatize the Ethio-telecom and Sugar factories and opening of the sector for competition. Ministry of Finance provided updates... Read more »

Vibrant private sector is crucial for attaining SDGs: AACCSA

ADDIS ABABA – A vibrant and responsible private sector is crucial for attaining the Sustainable Development Goals, according to Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA). During a two days... Read more »

Ethiopia earns USD 110 mln from exports by five industrial parks

ADDIS ABABA – Industrial Parks Development Corporation (IPDC) reported that Ethiopia got 110 mln USD from the export goods of government Industrial parks in 2018/19 fiscal year. IPDC’s Chief Executive Officer, Lelise... Read more »

Sunsets on ‘rule by law’

While presenting his administration’s performance report to the parliament on Monday, Prime Minister Dr. Abiy Ahmed said the government will continue exerting what is at its disposal to safeguard the supremacy of... Read more »