Ethiopia’s economy has been among the fastest-growing in the world over the past 15 years. Find out what makes #Ethiopia a preferred investment destination in Africa during #IO2023.
Register & find out more at https://t.co/TI07vwzSH1.
#InvestOrigins#InvestEthiopia
#Ethiopia is implementing economic reforms, and adapting laws & regulations to create a versatile & responsive investment environment. Join #IO2023 & leverage opportunities in #Ethiopia. Register @ https://t.co/TI07vwAqwz.
#InvestOrigins#InvestEthiopia
A highly productive week in Washington DC discussing the mutual commitment to strengthen the friendship between the US and Ethiopia. As a key ally and anchor of stability, Ethiopia remains keen to build on this rich history of partnership.
Be our partner as we furnish homes to millions of our sisters & brothers.
Want to know how you can be an investment partner in #Housing development? register https://t.co/G8L3EG7f7o to our virtual session scheduled for Oct 12th 2022 at 4:00pm & chat with CEO of @FDRE_LandBank
This week, a delegation of the Ethiopian Investment Holdings (EIH) and its subsidiary the Ethiopian Shipping and Logistics Services Enterprise (ESLSE) visited the Tanger Med Port Complex, a global logistics hub in the Strait of Gibraltar.
Ethiopian Airlines and Geven-SkyTecno have inaugurated a state-of-the-art facility for the manufacturing of insulation blankets for Boeing 737 MAX airplanes as part of the agreement between The Boeing Company, Geven-Skytecno and Ethiopian Airlines. https://t.co/ToXuCUzNEO
Prime Minister @AbiyAhmedAli received in his office this morning, H.E. Sheikh Faisal Bin Thani Al-Thani, Chief of Asia-Pacific & Africa Investments at Qatar Investment Authority. The discussions revolved around exploring and expanding investments in #Ethiopia.
#PMOEthiopia
#LBDCEthiopia CEO @aidatola welcomed H.E. Sheikh Faisal Bin Thani Al-Thani, Chief of Asia-Pacific & Africa Investments at Qatar Investment Authority, and H.E. Hamad Mohammed Al-Dosari, Ambassador of the State of Qatar to Ethiopia,…1/2
@AbiyAhmedAli@QatarEmbassyADD
Fantastic meeting with Mr Suhail Al Banna, CEO & Managing Director, Middle East & Africa @DP_World on strategic partnership with EIH on end to end logistics value chain in Ethiopia.
Commercial Bank of Eth (CBE) had a record year, crossing ETB 117 bn in revenues for the first time in its history. CBE is the largest bank in Eth with total assets of ETB 1.2tn profits of ETB 27bn, a y-o-y growth of over 46%! It is the financial engine powering the our economy.
Ethiopian Trading and Business Corporation (ETBC), the country’s premier commodity and FMCG trading corporation has achieved over 3.52 million quintals in commodities sales and registered a record ETB 165 million in profit this year.
The Ethio Shipping & Logistics Enterprise handles most of Ethiopia’s multimodal ocean freight. ESLSE posted ETB 51 Bn in revenue, a 128% increase compared to last year. ESLSE has transported more than 3.6 Mn tons of cargo & registered a net profit of ETB 3 Bn (121% YoY growth).
Ethio Telecom closed a tough year with outstanding results. It realized revenue of ETB 61 billion, launched game changing products like Tele Birr ,served 67 million subscriptions – well on track to realizing its transition from a telecom provider to the backbone of digitization.
Ethiopian Airlines, Africa’s leading Airlines, posted USD 5 Bill in revenue this financial year, a 79% growth compared to last year. Profit grew by 90%, reaching USD 937 Mil despite the headwinds of worsening global economic outlook, rising fuel cost, global pandemic.#Ethiopia