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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