Business

Al-Amoudi to spend $500 Million on Coffee, Oranges (Bloomberg)

William Davidson | September 22, 2014 Horizon Plantations Ethiopia Plc, majority-owned by Saudi billionaire Mohamed al-Amoudi, plans to almost double …

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Ethiopian Airlines Hits the MAX in Chicago

Richard Maslen |  Routesonline | September 22, 2014 The airline has placed an order for 20 737 MAX 8s with …

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First bottles of Ethiopian wine produced by French firm Castel

Kim Willsher in Paris | The Guardian | July 23, 2014 Half of 1.2m bottles of Rift Valley wine are intended …

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World Bank Urges Ethiopia to Devalue Birr to Boost Exports

By William Davison | Bloomberg |  Jul 22, 2014  Ethiopia’s birr is overvalued and the country would benefit from a devaluation …

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Ethiopian Airlines names its latest aircraft after Taj Mahal

  In order to show its growing business interest and as a mark of respect to the iconic structure, Africa-based …

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Ethiopian wine raises cheer for economy

By JENNY VAUGHAN |  Agence France-Presse | July 20, 2014  ZIWAY – Beyond the donkeys on a potholed road in southern …

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Ethiopian flower market in bloom

 | July 17, 2014 The Ethiopian flower market is blossoming. Between 2007 and 2011, the number of flower stems Ethiopia …

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IFC Trade Facility Supports Petroleum Imports in Ethiopia

  IFC, a member of the World Bank Group, today announced that it will participate up to $150 million in …

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Ethiopia’s tef tops the agricultural agenda

By Elissa Jobson in Addis Ababa | July 15, 2014 A programme to improve production in simple ways has doubled yields …

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Ethiopia: Major Tax Revision Coming to Ethiopia

  Addis Fortune (Addis Ababa) | BY ABDI TSEGAYE | July 13, 2014 Ethiopia is likely to see major tax law revisions and …

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Ethiopian Airlines: From Humble Beginnings to an Aviation Powerhouse

By: Jeremy Dwyer-Lindgren | July 11, 2014 The story of aviation in Ethiopia and its national airline is one of opening …

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Ethiopia: Sudan Ranks Second Investing in Ethiopia

Ethiopian Radio and Television Agency (Addis Ababa) | July 14, 2014 Sudan is ranked as the second biggest investor in Ethiopia after …

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Tullow Oil slips after disappointing result in Ethiopia

The Guardian | July 14, 2014 Exploration well fails to find commercial oil and will be plugged and abandoned The …

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U.S., Europe Investment Inflows To Ethiopia Show Rapid Increase

ADDIS ABABA, July 14 (BERNAMA- NNN-ENA) — Investments in Ethiopia from the United States and Europe have been increasing rapidly …

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Harlem pastor brewing up Ethiopian coffee distribution deal

BY JAN RANSOM  | NEW YORK DAILY NEWS |  July 9, 2014 The Rev. Nicholas Richards, founder of the Abyssinian Fund, a nonprofit that …

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Ethiopia inflation slows to 8.5 pct in June: statistics office

ADDIS ABABA (Reuters) – Ethiopia’s inflation rate fell to 8.5 percent in the year to June from 8.7 percent the previous …

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Ethiopian Airlines receives 8th Boeing 787 Dreamliner

  Ethiopian Airlines announced that it took delivery of its 8th Boeing 787 Dreamliner on 26 June 2014. Ethiopian Airlines was …

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KKR Invests In Ethiopian Flower Company

Mfonobong  Nsehe | forbes | July 1, 2014 KKR & Co. L.P, an American multinational private equity firm, has concluded its …

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Ethiopia’s Electric Power Export Growing – Minister

BY NESRU JEMAL |  JUNE 27, 2014 Ethiopia’s effort to create power integration in Eastern Africa consolidates its economic benefits …

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Gebremariam: Ethiopian to launch Los Angeles service next year

Jun 30, 2014 ADDIS ABABA, Ethiopia – Los Angeles will become the second US destination for Ethiopian Airlines. Ethiopian CEO …

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