Excel News

Leading Business Consultants, Marketing and Event Organizing Agency in Ethiopia, including Digital Marketing Service.

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You don’t need a club full of superstars. You just need a team that believes in each other. PSG came united and left with the trophy.
#team #teamspirit #victorythroughunity #exceldigitals #excelconsultrades

[Invest in Ethiopia-HLBF 2026 @IIE_HLBF2025]

❓ Why Invest in Ethiopia’s Manufacturing Sector?

Ethiopia is strategically transforming its manufacturing sector into a key driver of economic growth. With industrialization at the heart of the Ten-Year Development Plan (2021-2030) and the Homegrown Economic Reform, the country is set to become Africa’s next industrial powerhouse. 💼
📌 Key Targets for 2030:
🔸 Raise manufacturing’s GDP contribution from 4.4% in 2022 to 17.2
🔸 Create 5 million jobs
🔸 Generate $9 billion in manufacturing exports
🔸 Produce 650,000 annual manufacturing jobs
📊 The sector is already seeing impressive growth:
🔹 Capacity utilization has risen by 8%, with key sectors like textiles, leather, and apparel showing 11%+ improvements.
🔹 Export growth: 6% increase in volume and 12% in value.
🔹 Import substitution: $2.78 billion saved in just 8 months—surpassing the full-year target!
🚧 Ethiopia’s ongoing infrastructure investments are driving down costs and enhancing global competitiveness. With major sectors like agro-processing, textiles, leather, pharmaceuticals, and construction materials offering huge potential
💡 Why invest?
✅ Competitive labor costs
✅ Preferential market access (AfCFTA, COMESA)
✅ Growing infrastructure, including industrial parks and transport corridors
✅ Attractive fiscal incentives (e.g., tax exemptions, import duty relief)
🌍 The future of Africa’s industrial growth is in Ethiopia.
Don't miss out—invest today in Ethiopia's manufacturing sector!
#investinethiopiahlbf2025 #investinethiopia #HLBF #ethiopia #exceldigitals #FDI #EmergingMarkets #AfricaRising

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The 129th anniversary of the Victory of Adwa.
#Adwa #Adwa129 #victoryday #EthiopianVictory #africanvictory #excelnews #excelconsultrade

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NBE’s Feb 25 forex auction set an avg rate of 135.6185 Birr/USD. With 27 banks participating, it’s the 2nd auction since July 2024 reforms. NBE plans more auctions to support price stability.
#Ethiopia #Growth #AUCTION #bank #excelnews #excelconsultrade

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Ethiopia’s wheat self-sufficiency earns AU praise as a model for Africa. The country now exports wheat, reducing imports and boosting food security. The AU urges similar efforts across the continent.
#Ethiopia #selfsufficiency #AU #growth #excelnews #excelconsultrade

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Ethiopian Airlines targets 60M+ passengers by 2035, expanding routes, upgrading airports, and boosting capacity. It remains key to AU travel and Africa’s global connectivity.
#airlines #Growth #Infraestructura #excelnews #excelconsultrade

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Ethiopia & Russia boost ties, agreeing on parliamentary & economic cooperation. Russia’s Sputnik opens in Addis. Ethiopia to join Russia’s 80th Victory Day celebrations.
#BRICS #Ethiopia #russia #economy #media #excelnews #excelconsultrade

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PM Abiy urges reparations for Africans at #AU summit, stressing action over words. Ethiopia now Africa’s top wheat producer. Djibouti’s Mahmoud Youssouf elected AU Commission chair, defeating Raila Odinga.
#AfricanUnion #Ethiopia #Reparations #exelnews #excelconsultrade

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IMF chief Kristalina Georgieva visits #Ethiopia, praising #economic reforms and #socialprojects. She highlights progress in debt restructuring, exports, and exchange rate flexibility. #IMF reaffirms support.
#excelnews #excelconsultrade #Government #Growth

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Ethiopia plans to be Africa’s pharma hub by 2030 with Kilinto Industrial Park. AfCFTA & UK support aid growth, but challenges like regulations & financing remain.
#Ethiopia #health #healthnews #excelnews #excelconsultrade

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PM Abiy Ahmed inaugurated a coal washing plant in Dawuro Zone, #boosting #production and jobs. Later, he and First Lady Zinash were warmly welcomed in Jimma, visiting city #development projects.
#businessnews #growth #ethiopia #excelnews #excelconsultrade

[Excel News @exceldigitals]

#Ethiopia earns $908M from coffee exports in six months, exceeding targets. Export volume up 153%. #SaudiArabia, U.S., and Jordan among top markets. $2B goal set for the year. #Quality drives success.
#coffee #coffeeandtea #growth #excelnews #excelconsultrade

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#Macroeconomic reforms are transforming Ethiopia’s economy—boosting #revenue systems, reducing #foreigndebt, and enhancing #forex reserves. #IMF projects 8% growth over 4 years.

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PM Abiy Ahmed launched Ethiopia’s first #stockexchange, #ESX, a milestone for #economicgrowth. ESX will create jobs, boost agriculture, and improve capital access, driving Ethiopia’s prosperity.
#ethiopia #stock #StockMarket #economy #BusinessNews #excelnews #exceconsultrade

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With 97.6% of the Abbay Dam complete, officials call for more financial support to cover final costs. The #dam symbolizes Ethiopia’s #resilience, requiring collective efforts for full operation.
#Ethiopia #Ethiopiadam #BusinessNews #excelconsultrade #excelnews #project

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Ethiopia’s restored #NationalPalace, a #historic hub for Pan-African unity, reopens as a public museum. President Taye commends PM Abiy, France, and Unity Park for honoring Ethiopia’s rich #legacy & #progress.
#ethiopia #Addisababa #REBORN #panafrica #excelnews #excelconsultrade

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The World Bank approves $700M for Ethiopia’s #financialreforms! The #fundingtargetsbanking #modernization, #governance, and inclusivity to drive #economicgrowth.
#Ethiopia #bank #ethiopiabank #businessnews #excelnews #excelconsultrade

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#Coopbank reported 2.51 billion Birr #grossprofit and 19.03 billion Birr revenue in 2023/24, a 7.5% increase. With 2.21 million new accounts and 117.15 billion Birr in #deposits, it leads in #digitalbanking and inclusion.
#bank #ethiopiabank #business #BusinessGrowth #excelnews

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#Ethiopia hosts its 1st #ClimateFinance Summit, unveiling plans to cut #emissions by 68.8% by 2030. Leaders call for #globalsupport to tackle #climatechallenges & boost #sustainability efforts.
#ethiopiaclimate #climate #greeneconomy #excelnews #excelconsultrade

[Excel News @exceldigitals]

#Ethiopia targets $300M/year for #climategoals by 2030, aiming to cut #emissions by 68.8%. Initiatives like the #GreenLegacy & #capitalmarkets are key. More private sector support needed.
#climatechange #privatesector #carbonmission #excelnews #excelconsultrade