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The Polish billionaire & his interests in Ethiopia

Published on: Tue, 2014-04-15 17:07

Poland's richest man, Jan Kulczyk (Ph.D.), founder and owner of Kulczyk Holding SA (headquartered in Warsaw)

and international investment house, Kulczyk Investments with headquarters in Luxembourg and offices in London, Kiev and Dubai, came to Ethiopia this week and met with Prime Minister Hailemariam Desalegn and officials from the African Union.

Belgian Men’s Clothing Maker Considers Ethiopia

Published on: Mon, 2014-02-03 00:00

Belgian company, Celio International, is looking into opening a textile and garment factory in Ethiopia. Celio, which specializes in men’s clothing, came to Ethiopia on January 12, 2014 as part of a trade mission, Capital reported.

Swiss Firm To Provide A 1.4 Bln USD Loan For Ethiopian Railway Project

Published on: Sat, 2014-01-25 00:00

የገንዘብና ኢኮኖሚ ልማት ሚኒስቴር ከስዊስ ክሬዲት ጋር ሲያካሂድ የቆየው የ1.4 ቢሊዮን ዶላር ብድር ድርድር በመጠናቀቁ፣ የፊታችን ረቡዕ የፊርማ ሥነ ሥርዓት ይካሄዳል፡፡

Turkish Company Invests 1.2 bln Birr In Textile Sector

Published on: Thu, 2014-01-23 00:00

The Turkish textile factory MNS Manufacturing P.L.C. has launched the first phase production of carpet, towel and bathrooms, polyester, fiber-line home furniture (spring mattress and sofa) investing of over 1.2 billion birr, WIC reported.

Tullow To Start Mobilization To Chew Bahir

Published on: Sat, 2014-01-11 00:00

The British Oil company that is prospecting for oil in Southern Ethiopia, Tullow Oil, is to start mobilization to Chew Bair basin at the end of this month, The Reporter reported.

Ethiopia, France Sign 70m Euros Financing Agreement

Published on: Mon, 2013-12-23 10:43

The government of Ethiopia and France on Thursday signed two loan agreements amounting to 70 million Euros to support construction of high-voltage transmission lines and sanitary landfill.

Turkish Companies Keen To Invest In Ethiopia

Published on: Fri, 2013-12-20 00:00

Turkish Deputy Minister for Economy Bulent Ugur Ecevit said Turkish companies are interested to invest in Ethiopia in various sectors.

Ethiopia Hires French Firm Lazard To Secure Credit Rating

Published on: Fri, 2013-12-20 00:00

Ethiopia has hired French investment bank and asset manager Lazard Ltd in a bid to select rating companies and secure its first credit rating, officials said on Thursday, which would pave the way for issuing a debut Eurobond.

Ethiopia, G8 Member States Agree To Enter Land Country Partnership

Published on: Fri, 2013-12-20 00:00

The Governments of Ethiopia, United States of America, United Kingdom and Germany on Monday announced agreeing to enter a land country partnership to work together to improve rural land governance for economic growth and to protect the land rights of local citizens, the U.S. Embassy said.

UK Continue To Extend Support To Ethiopia: DFID

Published on: Sat, 2013-12-14 00:00

Department for International Development (DFID) Permanent Secretary Mark Lowcock said UK will continue to extend its support to Ethiopia in a bid help the country realize development.


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