Ethiopia: Chinese Firm Builds-Up Pharma With U.S.$85 Million

By Binyam Sisay An aggregate of five billion units of capsules and tablets will be produced a year SanSheng Pharmaceutical, a wing of the publicly listed Chongqing Sansheng Industrial... Read more »

Ethiopia: Korea Extends U.S.$1 Million to Drought Victims

The government of Korea has pledged one million dollars for humanitarian assistance in Ethiopia for people who are suffering from the effects of severe drought resulting from the negative... Read more »

Ethiopia: U.S. Pledges U.S.$137 Million to Ethiopia

The United States has granted 137 million dollars for humanitarian assistance to Ethiopia where more than 7.8 million people are in need of urgent food aid due to the... Read more »

US to Give Additional $169 Million in Aid to Ethiopia, Kenya

Posturists wait for food and water in Ethiopia Warder district in the Somali region of Ethiopia, Saturday, Jan. 28, 2017. As the new drought in Ethiopia Somali region, destitute... Read more »

Ethiopia: Coffee Export Hits U.S.$866 Million

By Alazar Shiferaw Ethiopia earned 866 million USD exporting 221,000 tons of coffee during its last fiscal year . According to Ethiopian Coffee & Tea Development and Marketing Authority,... Read more »

Ethiopia: Nation Secures U.S.$190 Million for Health SDGs Performance

By Bilal Derso Ethiopia and World Bank yesterday signed financial agreement amounting to 190 million USD in the form of loan and grant to finance the implementation of the... Read more »

Saudi Billionaire to Invest $100 Million in Ethiopian Farm

Saudi Star Agricultural Development Plc, an Ethiopian company owned by billionaire Mohamed al-Amoudi, plans to invest $100 million in a rice farm in western Ethiopia next year to kick-start... Read more »

Al-Amoudi to Invest $500 Million on Ethiopian Coffee and Oranges

Horizon Plantations Ethiopia Plc, majority-owned by Saudi billionaire Mohamed al-Amoudi, plans to almost double annual revenue within three years by investing at least $500 million in coffee and orange... Read more »

Al-Amoudi to Spend $500 Million on Ethiopia Coffee, Oranges

Horizon Plantations Ethiopia Plc, majority-owned by Saudi billionaire Mohamed al-Amoudi, plans to almost double annual revenue within three years by investing at least $500 million in coffee and orange... Read more »

Turkish Company Saygin Sees Annual Sales of $100 Million From Ethiopia

Bloomberg: Saygin Group of Turkey said its Ethiopian subsidiary may generate $100 million in revenue a year from textile manufacturing, amid plans by the Horn of Africa country to... Read more »