EAC To Promote The Textiles And Apparels Sector In East Africa

Posted on :Thursday , 12th December 2019

The 39th Council which was chaired by Rwanda’s Minister of State for Foreign Affairs, Regional Cooperation and East African Community Affairs, Amb. Olivier Nduhungirehe, was attended by line Ministers from all the EAC Partner States and EAC Executives.

EAC Council of Ministers has approved the Final Draft Cotton, Textiles and Apparels (CTA) Strategy and its. . .

Economic Zones Development In Africa

Posted on :Tuesday , 19th November 2019

The 4th annual meeting of Africa free zones opens in Addis Ababa, Ethiopia under the theme “Economic Zones – Accelerator for Industrialization in Africa”.

The attendees include over 220 delegates representing 43 countries attended this important event, including 60 African economic zones, 30 experts, as well as several repre. . .

Ethiopia - Africa's Fastest Growing Economy

Posted on :Monday , 18th November 2019

With a population of over 100 million and an annual economic growth rate of 10% over the past 15 years, it presents a unique opportunity.  

Ethiopia is one of the world's largest untapped markets, and there is an increasing belief that privatisation of state-owned enterprises could be one of the ways to attract potential investments and spur the economy.

Ethiopia i. . .

Ethiopia Has Earned $ 723 Million In Export Revenue

Posted on :Monday , 4th November 2019

According to a report released by the Ministry, the amount of revenue earned during the reported period of time exceeds that of the same period last year by $ 95.1 million.

The report stated that reform activities initiated in order to achieve the fiscal year plan and further to improve the outsourcing would further improve the export revenue by working in coordination with m. . .

Prime Minister Abiy Ahmed puts Ethiopia on the trade map as a top investment destination

Posted on :Monday , 21st October 2019

Mr. Abiy Ahmed Ali, Ethiopia’s young reformist Prime Minister, "for his efforts to achieve peace and international cooperation, and in particular for his decisive initiative to resolve the border conflict with neighboring Eritrea." has been this year’s recipient of the Nobel Peace Prize.

Prime Minister Abiy Ahmed is responsible for initiating important reforms in E. . .