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Economy

Business Economy

Ethiopia’s Cultural Outfits Have Potential to Become Global Hub for Fashion, Apparel

Addis Ababa: The intertwining of fashion with Ethiopia’s rich cultural and historical tapestry enhances the country’s global identity.

The global fashion industry is a USD 1.7 trillion industry.

‘With a strategic focus and contemporary design, Ethio…

Business Economy

Investors urged to tap into peace-positive investment opportunities in Northern Kenya

Investors have been asked to take advantage of the immense investment opportunities that exist in Northern Kenya, a move which will open up the area and contribute to the ongoing peace building processes.

A feasibility study on peace-positive invest…

Business Economy

Ethiopian New Airport to Boost Connectivity, Make Addis Aviation Hub: CEO Mesfin

Addis Ababa: Ethiopian Airlines’ new airport will boost its connectivity and promote the capital Addis Ababa to become an aviation and air transport hub, said Ethiopian Airlines Group CEO Mesfin Tassew.

Recall that Ethiopian Airlines Group has inked…

Business Economy

Business conditions weaken slightly in September

The latest survey according to Stanbic Bank Kenya Purchasing Managers’ Index (PMI) has signaled a slight deterioration in Kenyan private sector conditions in September.

The PMI dipped below the neutral mark, after recording a slight recovery in Augu…

Business Economy

Absa Bank Kenya launches foundation to accelerate social-economic impact

Absa Bank Kenya PLC, has officially launched the Absa Kenya Foundation (AKF) as a social arm that will accelerate its positive impact and sustainability commitments in various communities within the country.

The Foundation, which will be sponsored b…

Business Economy

Nanyuki ultra-modern market kicks off in earnest

The Nanyuki ultra-modern market in Laikipia has kicked off in earnest and is expected to benefit more than 1,000 traders upon completion next year.

The state of the art market which was commissioned on May 15, 2024 is expected to cost Sh.358 million…

Business Economy

CS Joho; Public-Private investments key to unlock blue economy opportunities

Mining, Blue Economy and Maritime Affairs Cabinet Secretary Hassan Joho is rooting for public-private participation to exploit Blue Economy opportunities.

CS Joho noted immense opportunities in the aquaculture value chain, fish processing and value …

Business Economy

DPM Temesgen Launches Nat’l Corruption Crime Reporting Digital System (NCRS)

Addis Ababa: Ethiopia’s Deputy Prime Minister Temesgen Tiruneh launched today the National Corruption Crime Reporting Digital System (NCRS) to enhance the ongoing efforts aimed at mitigating corruption in the country.

The Deputy Prime Minister said i…

Business Economy

Int’l Research Institutions Highlight Efforts Underway to Improve Ethiopia’s Sesame Marketing

Addis Ababa: Ethiopia needs to modernize its marketing strategies and enhance farmers’ access to market information in order to boost income from sesame production, according to the International Center for Agricultural Research in the Dry Areas (ICAR…

Business Economy

Road, Railway Transport Reform Underway in Ethiopia to Realize Country’s Growth, Prosperity

Addis Ababa: Ethiopia’s Ministry of Transport and Logistics is carrying out a reform on road and rail transportation systems with a view to realizing the nation’s growth and prosperity.

The Ministry conducted a workshop on the reform of Ethiopia’s ra…