Macroeconomic Stability Crucial to Boost Manufacturing Industry: Governor of NBE
The National Bank of Ethiopia (NBE) is working to create macroeconomic stability in the country which is significantly crucial to transform the manufacturing industry, Governor of NBE, Mamo Mihretu said.In a panel discussion held at the Millennium Hall…
Ethiopia, IFAD Sign 106.4 Million Dollar Grant Agreement
Ethiopia and International Fund for Agricultural Development (IFAD) signed a grant agreement of 106.4 Million dollar financing agreement today.Minister of Finance, Ahmed Shide, and the IFAD Regional Director of the Eastern and Southern Africa Division,…
PM Abiy Stresses Need to Boost Agricultural Export Trade by Increasing Productivity
Prime Minister Abiy Ahmed stressed the need to ensure food security and increase export trade through boosting agricultural productivity.The premier has today launched the Agriculture and Science exhibition at Science Museum in Addis Ababa under the th…
State Department Of Industry To Construct A Ginnery In Ugenya
The State Department of Industry will construct a cotton ginnery in West Ugenya, Siaya county, Principal Secretary Mr. Juma Mukhwana has said.Mukhwana said that once the ginnery is established at Bar Anyali in Masat East Sub Location, the ministry wil…
Local Community Gets 15% Shares Of Multinational Tea Estate As Finlay’s Exits Market
The local Kipsigis community will benefit from the 15 percent shares at the vast multinational tea estates in Kericho County as James Finlay Kenya Limited exits its operation in the country.Finlays, a tea-growing company that has produced tea for deca…
Investors Showing Big Interest in Investing in Ethiopia’s Industrial Parks: Industrial Parks Dev’t Corporation
There are very big demands by both local and foreign investors to operate in the industrial parks constructed across the country, according to the Industrial Parks Development Corporation (IPDC).There are eleven industrial parks and one free trade zone…