Market News | Ethiopia International Trade Exhibition (EITE) 2019

Market News

  • East African focused fund manager, Catalyst Principal Partners, announces the close of its second fund, achieving $155 Million

    Posted on :Tuesday , 13th November 2018

     In 2009, the Catalyst Fund raised to $125 million which it invested in 9 companies in Kenya, Tanzania and Ethiopia with diverse interests in manufacturing of consumer goods, pharmaceuticals, industrial agro-processing, logistics and engineering as well as healthcare, technology and financial services.

     Whereas, this year the Catalyst Fund II raises US$155. . .

  • China, Africa work to play concerto for shared future

    Posted on :Wednesday , 5th September 2018

    BEIJING - When the 2018 Forum on China-Africa Cooperation (FOCAC) Summit opens in Beijing on Monday with the theme "China and Africa: Toward an even stronger community with a shared future through win-win cooperation," it will be a new starting point for the two sides to upgrade their cooperation.

    China and Africa have been cooperating in multiple ways. The ties were en. . .

  • Ethiopia: East Africa's new economic power

    Posted on :Tuesday , 27th June 2017

    Ethiopia's economy is growing so rapidly it may soon replace Kenya as the largest economic power in the region. But a large number of people in the country still live in poverty and many challenges remain.
    Ethiopia's Hawassa Industrial park

    The recent inauguration of the giant Hawassa industrial park was a special moment for Ethiopia's government. Built with Chinese help, . . .

  • Africa: White House Choices Shape Africa Policies

    Posted on :Tuesday , 4th April 2017

    Washington, DC - Little has been said about Africa policy by the new U.S. President or his administration, but recent announcements and appointments provide an emerging outline of an approach that gives priority to security concerns.

    Support for democracy, development and health may no longer be policy cornerstones as they have been for all post-Cold War presidents, Democratic an. . .

  • Ethiopia: Addis-Khartoum Public Bus Service to Start from Sunday

    Posted on :Thursday , 9th March 2017

     The Ethiopian Transport Authority said cross border bus transport between Addis Ababa and Khartoum will commence on the coming Sunday

    Public Transport Efficiency Authentication director with the authority Tesfaye Belachew told EBC that the public transport project between Addis Ababa and Khartoum has taken about eight years.
    This. . .


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