Addis Ababa one of Africa’s top 10 cities for future investment (Aug 19, 2014)

The latest Global Economy Watch report from accountants PricewaterhouseCooper identifies ten cities as new investment opportunity hotspots in Africa. It suggests the places to watch most closely will be Addis Ababa in Ethiopia, Ibadan and Kano in Nigeria, Ouagadougou in Burkina Faso, Dakar in Senegal, Nairobi in Kenya, Abidjan in Cote d’Ivoire, Khartoum in Sudan, Luanda in Angola and Dar es Salaam in Tanzania.

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Nation achieves target for higher education admission

Addis Ababa, 16 August 2014 (WIC) - The Ministry of Education announced that Ethiopia has achieved the target set to raise higher education gross admission to 467,000 during the growth and transformation plan period.

The State Minister Dr Kaba Urgesa told ENA that currently gross admission for higher learning institutions both private and public institutions have reached over 500,000.

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Over 18bln birr investment projects go operational

Addis Ababa, 16 August 2014 (WIC) - The Ethiopian Investment Commission said that some 226 investment projects with over 18.459 billion Birr aggregate capitals have gone operational last Ethiopian fiscal year.

Public relation directorate at the Commission, Getahun Negash said of the total projects some 125 with more than 14 billion birr capital are engaged in manufacturing, while the rest in agriculture and services, among others

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Annual meeting of Ethiopian foreign missions kicks off

Addis Ababa, 12 August 2014 (WIC) - Foreign Affairs Minister Dr. Tedros Adhanom says Ethiopia accomplished remarkably in the foreign relations arena over the last budget year.
The Minister made the remark at opening, on Tuesday in Addis Ababa, of the annual meeting of the heads of Ethiopia’s missions abroadDr. Tedros said Ethiopia’s ambassadors, as well as consuls- and directors-general worldwide did very well in the stated year in terms of fostering the country’s foreign relations with host countries

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U.S. companies benefit by investing in Ethiopia: Minister

Addis Ababa, 12 August 2014 (WIC) - U.S. companies would benefit from the investment opportunities and incentives in Ethiopia and be able to enter the vast African market if they invest here, Foreign Affairs State Minister Dewano Kedir said.The Minister yesterday hold discussion with a 40 member delegation from DOW company, a U.S. based company about the investment opportunities in Ethiopia.

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Ethiopia to finalize Sustainable Tourism Master plan

Addis Ababa, 29 July 2014 (WIC) - The Federal Democratic Republic of Ethiopia is in the process of formulating its Sustainable Tourism Master Plan (STMP).The STMP is an initiative currently being developed through the technical support provided by the Sub-Regional Office for Eastern Africa (SRO-EA) and the Division for Regional Integration and Trade (RITD), in partnership with the Ministry of Culture and Tourism.

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Ethiopia registers impressive growth in human dev’t

Addis Ababa, 26 July 2014 (WIC) - Ethiopia has achieved the fastest growth in human development between 2000 and 2013 from among Sub-Saharan Africa, according to UNDP’s 2014 Human Development Report (HDR).

The United Nations Development Programme (UNDP) 2014 HDR Report was launched on Thursday, July 24, 2014 at Hilton Addis.

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