CBE thrives with huge profit despite challenging landscape

The Commercial Bank of Ethiopia (CBE), the nation’s largest and state-owned bank, recently announced an impressive profit of 32.6 billion birr over the past eight months, marking a remarkable 170.5% increase compared... Read more »

Ethiopia’s need to alleviate challenges in the booming construction sector

Ethiopia’s construction industry and infrastructure development includes transport infrastructure, road construction, railway and energy projects, real estate and industrial parks. Small and medium construction companies operate in the informal market and local... Read more »

Invest Ethiopia business forum: Anticipated for huge success

Ethiopia is one of the most attractive countries for investment. Its vast natural resources and young workforce, favorable investment environment, and infrastructure facilities are among the factors that make it favorable for... Read more »

Ensuring competitiveness of manufacturing industry

Ethiopia is known to have the potential to be competitive in the manufacturing sector, with its natural resources and abundant young population being among the enabling factors that create a favorable environment... Read more »

Collective weakness of will: From Bahir Dar to Liège, Belgium

The horticulture export perspective plan, formulated over the past ten years, was driven with a view of scaling up export performance through expansion of cultivable land and diversification of cool logistics corridors... Read more »

Tangible changes being recorded in using natural fertilizers

In Ethiopia, the use of natural fertilizers is growing in popularity as a sustainable and cost-effective alternative to chemical fertilizers. This trend is driven by factors like the increasing cost of chemical... Read more »

Enhancing the nation hard currency to make the nation economy competent

The government homegrown economic reform clearly indicates that the ongoing liberalization will be consolidated. Among others the measures like privatization, forex floating, allowing foreign banks raising interest rate can be mentioned. Kostentinos... Read more »

Manufacturing industry: Supporting corridor development through import substitution

Manufacturing industry is one of the sectors that have received attention in the Homegrown Economic Reform Program. Much has been done to enable citizens and foreign investors to engage in the sector... Read more »

Upholding manufacturing industries economic, employment fabric

As national experience would have it, manufacturing industries stimulate economic growth by boosting productivity and competitiveness, and creating many more jobs, particularly in the industrial ecosystem beyond the factory ground. Since manufacturing... Read more »

Lack of technology, skilled work force, threat to Ethiopia’s insurance growth

The absence of technology and skilled professionals poses a significant threat to Ethiopia’s insurance sector. This issue arises from the sector’s underdeveloped nature, characterized by low penetration rates and a dependence on... Read more »