DP World, Transport Ministry Sign MoU to Develop Berbera Corridor

May 6/2021(ENA) Dubai Ports World (DP) and Ministry of Transport have signed a memorandum of understanding to develop and make the major trade and logistics corridor of the Ethiopian side of the road linking to Berbera. DP World and its partners envisage investing up to 1 billion USD over the next ten years in developing […]

Nation Secures over 2 Billion USD from FDI, Says Commissioner

May 6/2021(ENA) Ethiopia has secured 2.05 billion USD from Foreign Direct Investment (FDI) in the past nine months, according to Ethiopian Investment Commission (EIC). Briefing journalists about the performance of EIC today, Commissioner Lelissie Nemi the revenue has surpassed that of same period last year by 6.7 percent. The manufacturing sector has contributed 85 percent […]