economy

Zimbabwe to host sustainable development forum – New Business Ethiopia

Zimbabwe is ready to host the Sixth Africa Regional Forum on Sustainable Development (ARFSD) that will be held in Victoria Falls from 24 to 27 February under the theme ‘2030-2030: A Decade to Deliver a Transformed and Prosperous Africa through the 2030 Agenda and Agenda 2063.” This was said Monday by the country’s acting Labour, …

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Canada to expand investment in Ethiopia – New Business Ethiopia

The Prime Minister of Canada, Justine Trudeau, who is visiting Ethiopia with his business delegation, said his country is keen to expand trade and investment in Ethiopia. He made the remark today after meeting President Sahle-work Zewdie. Prime Minister Trudeau also stated Canada’s plan to engage. Ethiopia and Canada have been enjoying bilateral …

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Forum in Ethiopia to reflect on investing in Africans – New Business Ethiopia

The third Africa Business Forum on Investing in People, Planet and Prosperity takes place on Tuesday, 11 February 2020, in Addis Ababa, Ethiopia, on the margins of the 33rd Ordinary Summit of the African Union Assembly of Heads of State and Government. Expected at the Forum are African Heads of State and private sector who …

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WTO delegation visits Ethiopia – New Business Ethiopia

The delegation of the World Trade Organization (WTO) visited Ethiopia and discuss Ethiopia’s accession to the WTO with the members of Ethiopian parliament. The Trade and Industry Affairs Standing Committee of the House of Peoples’.Representatives *Ethiopian Parliament) have met with the delegation of WTO on Monday this week in Addis Ababa, according to the information …

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Pompeo promises to drive U.S. investments to Ethiopia – New Business Ethiopia

The United States Secretary of State Michael R. Pompeo, who is visiting Ethiopia, promises to encourage and provide support to United States companies aspiring to invest in Ethiopia. “The United States Government will encourage and provide the required support for U.s investors aspiring to invest in Ethiopia,” he said, appreciating the all-inclusive reform of Ethiopia. …

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Sudan calls for joint investment on the Nile – New Business Ethiopia

Without joint planning and investment, Nile Basin countries miss-out on opportunities of development that benefits the Nile people, says Sudan’s Minister of Foreign Affairs. “The event’s theme ‘Joint Investments on the Nile for Regional Transformation’ is one of the key elements that needs to be in place in order to achieve sustainable development goal number …

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Ethiopia launches fundraising to complete Nile Dam – New Business Ethiopia

The Government of Ethiopia on Wednesday launched another round of fundraising to complete the construction of the Great Ethiopian Renaissance Dam (GERD), which has the capacity to generate 6,000 megawatts of electricity. In her address at the fund raising launching ceremony, president of Ethiopia, Sahle-Work Zewde indicated that the water of the Nile should not …

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Ethiopia food inflation rate reaches 21 percent – New Business Ethiopia

Moving average inflation rate for food items in Ethiopia for the month of February 2020 has gone up to 20.9 percent from 19.8 percent the previous month, the state agency said. The monthly report released by the Central Statistics Agency (CSA) this afternoon shows that nationwide inflation rate for non-food items has also …

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