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United Capital Group keen to invest in Ethiopia’s natural gas
Spread the NewsUnited Capital Group has expressed its interest to invest in Ethiopia’s natural gas exploration and development sector. Takele Uma, Minister of Mines announced that discussion has been held with United Capital Group delegates led by Prince Abbas bin Ali bin Nayef of Jordan pertaining to investments in natural gas on Tuesday at the…

Sandokan Debebe, CEO of Industrial Parks Development Corporation (IPDC) on stimulating industries competitiveness, investments
Spread the NewsBy Yared Nigussie Established in 2004, Industrial Parks Development Corporation (IPDC) has constructed 13 industrial parks across the country. The industrial parks have been built with a grand vision of the country’s transforming the economy from agrarian based to that of industry. Scaling-up export of manufactured goods is also the main intention behind…

Addis Chamber influences policy makers in drafting laws favor private sector
Spread the NewsAddis Abeba Chamber of Commerce and Sectoral Associations (AACCSA) said Tuesday that it has been working along with the policy-makers to influence policies to be in favor of the private sector. Mesenbet Shenkutie, President of AACCSA said in presser at Radisson Blu, “The Chamber has been making recommendations in government policies”. She added:…

New Ethiopian Airlines chief aims for near-doubling of fleet under 2035 roadmap
Spread the NewsRecently appointed Ethiopian Airlines chief executive Mesfin Tasew has embraced the ‘Vision 2035’ roadmap introduced by his predecessor Tewolde GebreMariam in 2019, as he aims to keep the carrier on an aggressive growth path. Speaking during July’s Farnborough air show, Tasew says the roadmap is “tailored around fast, profitable, sustainable growth” and will…

Breaking: Ethiopian Airlines gets new CEO
Spread the NewsMesfin Tassew has been appointed as the new CEO of Ethiopian Airlines. He served Ethiopian Airlines for 38 years. Mr. Mesfin Tasew , 58, joined Ethiopian in 1984 as Associate Engineer and progressed through the ladder and served in supervisorial and managerial positions in the technical areas. In 1997 and 1999, he was…

Ethiopia, Djibouti agree to build oil storage terminal
Spread the NewsEthiopia and Djibouti signed a Memorandum of Understanding (MoU) on Thursday to jointly build new oil storage terminal in Djibouti near the Damerjog Industrial Park. The agreement intends to foster a conducive environment for future joint development of oil storage terminals. The MoU was signed between Mamo Mihretu, CEO of Ethiopian Investment Holdings…