Daily Archives: September 1, 2020

Indians Interested to Invest in ICT, Service Industry in Ethiopia

Addis Ababa:  Indian investors are interested to engage in tourism, information technology and communications (ICT), and service sectors in Ethiopia, according to Ethiopia’s Ambassador to India. Ethiopia’s Ambassador to India, Tizita Mulugeta told ENA that relations between Ethiopia and India have mainly focused on trade and investment spheres. There are over 584 Indian companies in

Ethiopia Expresses Dissatisfaction over Security to Embassy in Berlin

Addis Ababa:  Ethiopia has expressed its dissatisfaction over the lack of security to its embassy in Berlin where protesters occupied and took down the flag. Foreign Affairs State Minister Redwan Hussein exchanged a phone call today with Charge d’Affaires of Germany here in Ethiopia, Heiko Nitzschke, about the recent incident in Berlin. According to a

MultiChoice Unveils Plan to Expand Investment in Ethiopia

Addis Ababa:  MultiChoice Ethiopia, a South African company that operates the DStv satellite television service, announced plan to significantly increase its investment in Ethiopia. The company said in a statement that it is looking to extensively expand its reach, investment in people and infrastructure in Ethiopia. It is also planning to provide support to Ethiopian

EU Donates COVID -19 Medical Supplies Worth 60 Mln Euros to IGAD

Addis Ababa : The European Union (EU) on Monday donated 60 million Euros worth of COVID-19 medical supplies to the Intergovernmental Authority on Development (IGAD) member countries. According to the EU in Ethiopia, the donation is part of the EU’s 2.5 billion birr (60 million euros) package to support IGAD member states to tackle the

Corporation Plans to Create 45,000 Jobs, Secure 400 Mln USD in Current Budget Year

Addis Ababa: The Industrial Parks Development Corporation has planned to create 45,000 permanent jobs and generate 400 million USD from export trade during the current Ethiopian budget year. Corporate Marketing and Communication Head, Deribe Debele told ENA that currently seven of the 12 industrial parks are operational. The remaining five industrial parks will become fully