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investment

Ethiopia, Switzerland agree to avoid double taxation – etbaba.com

The Government of Ethiopia today signed double taxation avoidance agreement with the Government of Switzerland. The agreement is signed between the Finance Minister of Ethiopia Ahmed Shide, and Ambassador of Switzerland in Ethiopia Tamara Mona. The deal is said will encourage investors from Switzerland to invest in Ethiopia and Ethiopians interested to access Switzerland market …

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Algeria’s Groupe Industriel Sidi Bendehiba to invest in Ethiopia – etbaba.com

Algeria’s Groupe Industriel Sidi Bendehiba (GISB), which is specialized in electric cables production eyes investment opportunities in Ethiopia. The company’s managers on Wednesday have conducted online investment tour in Ethiopia looking at the potentials investments the east African country is offering for foreign investors, according to the statement of Ministry of Foreign Affairs of Ethiopia. …

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Bole-Lemi industrial park secures over $44Mn from export – etbaba.com

Bole-Lemi Industrial Park has secured 44.5 million USD from export during the concluding Ethiopian fiscal year. Ethiopian Industrial Parks Corporation today organized a media tour to see the activities of parks in Addis Ababa. During the occasion, Bole-Lemi Industrial Park Manager, Tinsae Yimamu told journalists that the Park has secured 44.5 million USD from export …

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New ITC guide lays out the business case for sustainable investment – etbaba.com

Guidance to invest sustainably in markets. Four companion guides complement the handbook by listing the mandatory sustainability requirements in Ethiopia, Kenya, Mozambique and Zambia. Caring for the environment and local communities is good for business – and that’s just one reason international investors should embed sustainability in each step of their operations. With COVID-19 putting …

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Ministry calls for concerted efforts for sustainable regional growth – etbaba.com

The Transport Minister of Ethiopia Dagmawit Moges called for concerted efforts among Ethiopia, Kenya and South Sudan to realize sustainable growth in the horn region. Addressing participants of the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Project review meeting in Addis Ababa, Dagmawit stressed enhanced cooperation among Africans for the realization of sustainable social and economic growth in …

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Ambassador invites investors in Qatar to invest in Ethiopia – etbaba.com

Ethiopian Ambassador to Qatar Samia Zekaria invited Qatari investors to tap the huge investment potential in Ethiopia. The Ambassador made a remark on the event organized by Ethiopian Embassy in Qatar to promote Ethiopia as prospective investment and leisure destination. She also invited the people of Qatar to visit Ethiopia to experience a variety of …

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Kenya invites Ethiopian investors to use Lamu Port – etbaba.com

Kenya Ports Authority called on Ethiopian investors to use the Lamu Port. A team of Ethiopian journalists led by Head of the Kenya Ports Authority Engineer Abdulahi Semeter briefed and Ethiopian Ambassador to Kenya, Meles Alem has visited the Lamu Port. On the occasion, Engineer Abdulahi Semeter stated that Kenya is keen to facilitate conducive …

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Ethiopia’s Ministry of Finance participates in Africa Investors conference – etbaba.com

H.E. Yasmin Wohabrebbi, State Minister of Finance participated in a virtual Africa Investors conference. The conference was organized by the Standard Bank and ICBC Standard Bank. The meeting focused on explaining monetary and fiscal policy reforms in African countries. It was also used to explain economic trends seen in the African continent and what these …

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ECA emphasizes criticality of private sector investment – etbaba.com

The criticality of private sector energy generation investments in Africa to attain the Sustainable Development Goal (SDG) 7 was emphasized today at an online ministerial session on trends of energy prices in Africa. ECA Executive Secretary, Vera Songwe noted on the occasion that investment in energy sector is critical for Africa. She especially emphasized the …

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KBSF enters into employment agreement with Sun Lei – etbaba.com

KBS Fashion Group Limited (“KBS” or the “Company”) (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China and the operator of Luxventure, a social media platform, today announced that the Company has entered into an Employment Agreement with Sun Lei, our Chief Executive Officer. Under the Employment Agreement, Sun Lei shall receive a cash compensation of USD1.00 …

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