Addis Ababa snatches key tourism event from Nairobi

The Standard Digital News Kenya: A premier tourism industry investments forum scheduled to take place in Nairobi has been relocated to Addis Ababa. This follows a switch of venue that will add misery to the local tourism industry that is already struggling to stay afloat. UK based Bench Events who are the organisers of the

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Ethiopia, China establish textile industrial zone in Addis Ababa

Business Daily The Ethiopian government is collaborating with a Chinese company, Zhejiang Jinda Flax Llc, to establish a textile industrial zone in Addis Ababa. The Ethiopian Ministry of Industry and the Chinese textile company had signed a Memorandum of Understanding (MoU) for the industrial zone, designated for textile factories in the Bole District in Addis

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Ethiopian Receives Boeing 787 Dreamliner named Walia Ibex

Ethiopian Airlines Press Release Will Take Delivery of 3 more B787s in 2014 Ethiopian Airlines, the fastest growing and most profitable African airline, is pleased to announce that it took delivery of its 7th Boeing 787 Dreamliner on 20 May 2014. Ethiopian was the first in the world outside Japan to receive B787 in August 2012.

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Moody’s gives Ethiopia an inaugural B1credit rating

World Finance Moody’s has issued Ethiopia with a B1 rating for currency sovereign credit. Prime Minister Hailemarian Desalegn has indicated that with the sovereign credits ratings, a bond sale will follow Two top global agencies rate the fast-growing African nation for the first time and investors pay attention Ethiopia has been one of the fastest

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Ethiopia eyes untapped rubber production potential

April 22, 2014 Turkish Press ADDIS ABABA – Ethiopia is currently carrying out a pilot project on more than 700 hectares of land in the southwestern Bench Maji region that officials hope will help turn the country into a major

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GE banks on Ethiopian and KQ in African market plan

Business Daily By WANGUI MAINA April 21, 2014 KQ boss Titus Naikuni (right) and Isam Moursy, General Electric Aviation’s Vice President Sales, Middle East and Africa during a recent event. Photo/FILE  IN SUMMARY General Electric Aviation has invested in technical assistance

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Addis Ababa to host US-Africa energy summit

19 April 2014 The Reporter The governments of Ethiopia and the United States will co-host the US-Africa Energy Ministerial (AEM) meeting in Addis Ababa, Ethiopia, from June 3 to 4.  According to the Ethiopian Ministry of Water and Energy, AEM

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Addis Ababa 3rd on cities most likely to become a Future global leader

16 April 2014 The WS Journal Jakarta and Manila, two of Asia’s most chaotic, congested cities, are likely to get a lot better in the next two decades, according to a new ranking by A.T. Kearney. The U.S.-based consulting firm

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