investment

Ethiopia attracts 12 major telecom operators for two licenses – etbaba.com

Ethiopia attracts 12 major telecom operators for two licenses Following the launching of Expression of Interest process for the issuance of two new full-service telecommunication licenses in Ethiopia, 12 major telecom operators have shown interest. On its statement Ethiopian Communications Authority (ECA) said it has received complete information and expression of interest from the Global …

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Ethiopia advises Dutch investors to diversify investments – etbaba.com

Ethiopia advises investors from the Netherlands (Dutch investors) to diversify their investments from the horticuture and flower industry and engage in other sectors the East African country is offering. During the webnar held on Thursday Million Samuel Ambassador of Ethiopia to the Netherlands advised Dutch Companies not to be limited in floriculture / horticulture and …

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BonelliErede appoints two partners in Ethiopia – etbaba.com

BonelliErede, an Italian legal firm covering all areas of business and corporate criminal law, in partnership with Ethiopian law firm Tameru Wondm Agegnehu, appoints two local partners in Ethiopia. The two young and energetic Ethiopian lawyers appointed to serve BonelliErede are Seble Geberegiorgis Baraki and Weynalem Weldesenbet, according to the statement from the company. The …

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Cepheus Capital invests in Lion Brands of Ethiopia – etbaba.com

Cepheus Growth Capital Partners (Cepheus Capital) announces an investment into East African Lion Brands Manufacturing Share Company (Lion Brands), one of Ethiopia’s leading domestic manufacturers of fast moving consumer goods (FMCG) products in the home care, personal care and food segments. With this investment, Cepheus Capital will hold a significant minority ownership stake and provide …

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Ethiopia – Al Amoudi fires MIDROC CEO Dr. Arega – etbaba.com

Sheikh Mohammed Hussein Ali Al Amoudi, the Ethiopian born Saudi billionaire today fired Dr. Arega Yirdaw, CEO of the biggest investment group in Ethiopia, Mohammed International Development Research and Organization Companies (MIDROC) Technology. Dr. Arega has been running MIDROC Technology Group of Sheikh Al Amoudi, the biggest investment in Ethiopia owning over two dozens of …

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Al Amoudi fires MIDROC CEO Dr. Arega – etbaba.com

Sheikh Mohammed Hussein Ali Al Amoudi, the Ethiopian born Saudi billionaire today fired Dr. Arega Yirdaw, CEO of the biggest investment group in Ethiopia, Mohammed International Development Research and Organization Companies (MIDROC) Technology. Dr. Arega has been running MIDROC Technology Group of Shehk Al Amoudi, the biggest investment in Ethiopia owning over two dozens of …

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Cepheus Capital invests in Ethiopia’s Tabor Ceramics – New Business Ethiopia

Cepheus Growth Capital Partners (Cepheus Capital), the private equity which has injecting finance in promising sectors in Ethiopia for the past few year, invests in Tabor Ceramics Products Share Company. With this investment, Cepheus Capital will hold a significant minority ownership stake and provide strategic, managerial, and operational support to the company, according to the …

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Al Amoudi to build mega oil processing in Ethiopia – New Business Ethiopia

BY MEKONNEN TESHOME – Sheikh Mohammed Hussein Ali Al-Amoudi, Chairman and Owner of the leading Ethiopian investment group, Midroc Ethiopia, is set to invest 4 billion birr (around $126.2 million) in mega edible oil processing factory in Addis Ababa, Ethiopia. A corner stone for the modern edible oil factory was laid today in Addis Ababa, …

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