Business investment news aethiopia
Here are some recent business investment news from Ethiopia:
Investment Incentives
- The Ethiopian government has introduced new investment incentives, including a 5% corporate tax rate for companies operating in the manufacturing sector, to attract more foreign investment. (Source: Ethiopian News Agency)
- The government has also announced plans to establish a new industrial park in the city of Hawassa, which will offer tax breaks and other incentives to attract investors. (Source: Addis Fortune)
Infrastructure Development
- The Ethiopian government has launched a major infrastructure development project, which includes the construction of new roads, bridges, and airports. The project is expected to cost around $10 billion and will be funded by a combination of government and private sector investment. (Source: Ethiopian News Agency)
- The government has also announced plans to upgrade the country's rail network, which will improve connectivity between major cities and reduce transportation costs. (Source: Addis Fortune)
Agricultural Investment
- The Ethiopian government has launched a new agricultural investment program, which aims to attract foreign investment in the sector. The program will focus on the development of irrigation systems, farm-to-market roads, and other infrastructure. (Source: Ethiopian News Agency)
- A group of international investors has announced plans to invest $100 million in an agricultural project in Ethiopia, which will focus on the production of high-value crops such as avocados and berries. (Source: Addis Fortune)
Tourism Investment
- The Ethiopian government has launched a new tourism investment program, which aims to attract foreign investment in the sector. The program will focus on the development of new hotels, resorts, and other tourist infrastructure. (Source: Ethiopian News Agency)
- A group of international investors has announced plans to invest $50 million in a new hotel project in Addis Ababa, which will be managed by a leading international hotel chain. (Source: Addis Fortune)
Energy Investment
- The Ethiopian government has launched a new energy investment program, which aims to attract foreign investment in the sector. The program will focus on the development of new power generation capacity, including wind and solar power. (Source: Ethiopian News Agency)
- A group of international investors has announced plans to invest $200 million in a new wind power project in Ethiopia, which will generate enough electricity to power around 100,000 homes. (Source: Addis Fortune)
Other Investment News
- The Ethiopian government has launched a new initiative to attract foreign investment in the technology sector, which will focus on the development of software development, data centers, and other IT infrastructure. (Source: Ethiopian News Agency)
- A group of international investors has announced plans to invest $30 million in a new e-commerce platform in Ethiopia, which will allow consumers to buy goods online and have them delivered to their doorstep. (Source: Addis Fortune)
I hope this information is helpful!