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Category: Economy

Russian Investors Keen to Invest in Ethiopia’s Industrial Parks

Addis Ababa: Industrial Parks Development Corporation CEO, Fisseha Yitagesu and Deputy Ambassador of the Ethiopian Embassy in Moscow, Rosa Yeruqneh held online discussion on way to attract Russian companies to invest in Ethiopia’s industrial parks and…

Kenya ready to address bottlenecks hindering trade in EAC

Kenya will play her part in addressing border challenges within East African Member States so as to allow seamless movement of people, goods, and services as envisaged during the establishment of the East African Community.

Cabinet Secretary (CS), M…

Third investor eyes Naivasha Special Economic Zone

The Naivasha Special Economic Zone (SEZ) has received a shot in the arm after another investor moved to the ground to set up a potato processing firm.

The company, Crystal Frozen and Chilled Foods limited has committed an investment of sh. 645 milli…

Investors Urged to Invest at Dire Dawa Free Trade Zone

Addis Ababa: Deputy Prime Minister Temesgen Tiruneh called on investors to capitalize on the favorable investment climate created by the macroeconomic policy reform, which the country has been fully implementing since recent time.

The Deputy Prime Mi…

Mozambique Leases Port Terminal to Landlocked Malawi

Mozambique is planning to lease part of its northern port of Nacala to neighboring landlocked Malawi.

This deal is anticipated to boost trade ties between the two countries, according to the Maritime Executive website, a leading source of maritime n…