South African Official News

Investors from the United Kingdom (UK) and Türkiye said they have recognized huge investment potentials available in Ethiopia, of which they will soon engage in the spheres of agriculture and energy sectors.‘Invest Ethiopia 2023,’ international investment forum held in Addis Ababa from 26th April to 28th 2023 under the theme…

Sri Lanka is very much interested to expand bilateral relations with Ethiopia in various areas, Ambassador Theshantha Kumarasiri said.In an exclusive interview with the Ethiopian News Agency, Sri Lanka Ambassador to Ethiopia Theshantha Kumarasiri said Sri Lanka has very strong relations with Ethiopia and looks forward to expanding this ties.He…

The Deputy Minister of Labour and Employment Creation Hafeni Ndemula has expressed concern that there are some employers who still do not pay their employees the minimum wages set for their respective sectors.Ndemula, at the commemoration of International Workers Day at Swakopmund on Monday, stressed that there is still an…

Addis Ababa April 29/2023 (ENA) Investors who took part at Invest Ethiopia 2023 International Forum said that Ethiopia has better investment climate to attract foreign investments as the government has opened the economy to the private sector.The investors who visited the Eastern Industrial Zone (EIZ) located about 40 km south…

Addis Ababa April 29/2023 (ENA)Canadian and Indian investors who have been on business travel to Ethiopia told ENA that they are keen to invest in the agricultural sector.The Canada-based BTE Ltd company Vice President, Moataz Elshafei told ENA that he is visiting Ethiopia for the first time and was glad…

Addis Ababa April 29/2023 ENA Ethiopia and Tanzania need to amplify the collaboration in energy sector to connect with the Southern African power pool to realize regional integration, Tanzania Geothermal Development Company General Manager said.Tanzania Geothermal Development Company General Manager, Matthew Mwangomba told ENA that it is open secret that…

Addis Ababa April 29/2023 (ENA)Africa risks being left behind if it fails to adapt the Fourth Industrial Revolution by allocating the necessary investment, UNECA Acting Executive Secretary Antonio Pedro said.Speaking with ENA on the sidelines of the National Girls in ICT Day Celebrations in Addis Ababa, Pedro noted that getting…

The Ethiopian Investment Commission has today signed investment agreements worth of more than 1.6 billion USD with various foreign companies.The Memorandum of Understandings were signed on the margins of the international investment forum being held in Addis Ababa.The first agreement was signed with Sonoma Cement Co. Ltd to engage in…

Ethiopian business women said that the African Continental Free Trade Area (AfCFTA) would bring multifaceted economic importance to the people of Africa.In an exclusive interview with ENA, Alemtsehai Lelisa, a businesswoman who is engaged in textile manufacturing sector, said the continental free trade area will be very beneficial to the…

Addis Ababa April 28/2023 'Invest Ethiopia 2023’ international investment forum held in Addis Ababa for the last three days under the theme "Invest and Grow in Ethiopia – The Land of Attractive Investment Opportunities," has successfully been concluded today.The forum has brought together investors, business leaders, policymakers, and entrepreneurs from…