Category: Markets

  • Ethiopian Capital is one of Africa’s top 10 cities for Investment

    Ethiopian Capital is one of Africa’s top 10 cities for Investment

    Addis Ababa (HAN) August 21, 2014. Ethiopia Infrastructure  and investment news. The latest Global Economy Watch report from accountants Price water house Cooper identifies ten cities as new investment opportunity hotspots in Africa. It suggests the places to watch most closely will be Addis Ababa in Ethiopia, Ibadan and Kano in Nigeria, Ouagadougou in Burkina Faso, Dakar…

  • Ethiopia: New tax system arrangements designed to help foreign investors

    Ethiopia: New tax system arrangements designed to help foreign investors

    Addis Ababa (HAN) August 15, 2014 – Business partnership and investment news. A business networking and awareness creation session between the US Chemical Company, DOW and various stakeholders from Addis Ababa was held on Wednesday (August 12) at the Radisson Blue Hotel. Among those attending were officials from the Ministry of Foreign Affairs and the…

  • Ethiopia: Addis Ababa satellite towns will be 8.1 million

    Ethiopia: Addis Ababa satellite towns will be 8.1 million

    Addis Ababa (HAN) August 5, 2014 – Infrastructure and Development News, By William Davison, bloomberg. Ethiopia, Africa’s fastest-growing economy, is looking to its capital to help sustain an expansion that averaged more than 10 percent a year in the past decade. Planners predict the population of Addis Ababa and five satellite towns will more than…

  • Ethiopia: The forefront of  LAPSSET corridor Lamu project

    Ethiopia: The forefront of LAPSSET corridor Lamu project

    Nairobi (HAN) August 2, 2014 – Regional infrastructure projects News. The East African leaders met in Nairobi for a consultative meeting on the Lamu Port Southern Sudan-Ethiopia Transport (LAPPSET) corridor project. President Yoweri Museveni of Uganda, Ethiopian Prime Minister Hailemariam Desalegn and President Salva Kiir of South Sudan met with President Uhuru Kenyatta at State House…

  • Ethiopia: Aroma Coffee Roastery the 2014 AICA Winners

    Ethiopia: Aroma Coffee Roastery the 2014 AICA Winners

    Melbourne  (HAN) July 27, 2014 – Coffee Market News. The Australian International Coffee Awards (AICA) would like to congratulate the five trophy winners that were announced at the 2014 AICA Awards Presentation and Cocktail Party held at the Melbourne International Coffee Expo. Roasters from Australia and New Zealand have taken home the top accolades at…

  • Somalia: The giant Somali telecommunication companies linked services

    Somalia: The giant Somali telecommunication companies linked services

    Mogadishu (HAN) July 23, 2014 –Telecommunications and Cyber news. In Somalia telecommunications revolution has taken place despite the absence of any functioning national basic services or government institution  since 1991. The three giant  phone companies are engaged in fierce competition for both mobile and land line customers, while new internet cafes are being set up…

  • Ethiopia: Diplomacy and Cheap Labor Market issues

    Ethiopia: Diplomacy and Cheap Labor Market issues

    Addis Ababa (HAN) July 23, 2014 – Ethiopian diplomatic and Cheap Labor Market issues. Ethiopian workers strolling through the parking lot of Huajian Shoes’ factory outside Addis Ababa last month chose the wrong day to leave their shirts untucked. Company President Zhang Huarong, just arrived on a visit from China, spotted them through the window,…

  • Ethiopia: French beverage giant Castel, bottled its first batch of Ethiopian wine

    Ethiopia: French beverage giant Castel, bottled its first batch of Ethiopian wine

    Addis Ababa (HAN) July 20, 2014 – Market and commodities news. After a strategic  deal was struck between the late Meles Zenawi and Pierre Castel, founder and President of the Castel Group and BGI International to establish Castel Winery in Ethiopia that faithful day in 2007, the company immediately assigned the best experts and consultants in…

  • Ethiopia: The first East African Open Commodity Exchange launched

    Ethiopia: The first East African Open Commodity Exchange launched

    Addis Ababa (HAN) July 7, 2014. This week, Market, commodities and security issues. In a session held during the 6th Northern Corridor Summit, the East African Commodity Exchange (EAX) is launched. President Uhuru Kenyatta ushered the launch of the East Africa Commodity Exchange by ringing a bell signaling the formal launch of the Exchange. EAX…

  • Somalia: Somaliland and Puntland Remained largely Hostile to Shell

    Somalia: Somaliland and Puntland Remained largely Hostile to Shell

    Nairobi (HAN) June 23, 2014 –  Regional Oil and Energy News update. The two giant Oil companies of Shell and ExxonMobil have begun discussions with the Minister of Petroleum and Mineral Resources of Somalia, Daud Mohamed Omar to convert the existing concession, which has been under force majeure since 1990, into a Production Sharing Agreement…

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