Latest News Ethiopia

Logistics

09/03/2020 at 16h54, by Gaëlle Arenson

Bolloré Transport & Logistics establishes a JV with its partner CLS Logistics in Ethiopia

The setting up of the new local subsidiary comes at a time when DP World’s expansion plans in the logistics...

Logistics

06/03/2020 at 16h52, by Africa Business+

DP World’s ambitions in Ethiopia are failing to materialize

The framework agreement signed in May 2016 between DP World and the Ethiopian government had given rise...

Agri-food industry

24/02/2020 at 16h05, by Africa Business+

Al Khaleej Sugar and Cosumar among the bidders for Ethiopian Sugar’s assets

The government hopes that the windfall from the privatisation of six mills will help it repay debts...

Agri-food industry

10/01/2020 at 08h13, by Pierre-Olivier Rouaud

Dutch impact fund Veris validates its investment strategy with the sale of Ethiopian company Senselet to PepsiCo

The impact fund Veris Investments recently sold its majority shareholding in Ethiopian crisps producer...

Telecoms

07/01/2020 at 14h59, by Africa Business+

With the disposal of assets worth $983m, MTN Group is well positioned to bid for the GSM licence in Ethiopia

With the sale last week of two stakes in American Tower for nearly $523m, MTN Group Limited reached...

Agri-food industry

03/01/2020 at 17h14, by Valentin Grille

Dutch trio finances Habesha Breweries, alongside IFC

World Bank Group’s sister organisation IFC will loan €50m to Ethiopia’s Habesha Breweries, with co-funders...

Agri-food industry

20/12/2019 at 12h53, by Estelle Maussion

Ethiopia: OCP joins the race against Coca Cola and Dangote for sugar refining

The Moroccan fertilizer giant is one of about twenty companies that have expressed an interest in acquiring...

Agri-food industry

27/11/2019 at 17h01, by Gaëlle Arenson

Jean Christophe Figueroa takes up the reins at Malteries Soufflet

The French agrifood group present in 19 countries with revenue of €4.8bn ($5.28bn) in 2018 has recently...

Oil & Gas

06/11/2019 at 17h32, by Africa Business+

Petroleum supplies: Ethiopia shifts its contract from PetroChina to Adnoc

According to our information, the giant Chinese oil and gas company’s supply contract has been suspended....

Law firm

25/10/2019 at 21h07, by Africa Business+

Bowmans joins forces with two local law firms in Mauritius and Ethiopia

The Pan-African law firm has signed two agreements which take effect on 1 October. The first is with...

Capital Market & Private Equity

24/10/2019 at 21h32, by Africa Business+

Cepheus Growth Fund has almost raised $100m with the help of Soros

The Soros Economic Development Fund (SEDF), an investment fund created by Hungarian-born US billionaire...

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