Ethiopia is working towards increasing the local pharmaceutical industry's market share to 47% as part of its mid-term health sector development plan. This initiative aims to improve access to healthcare and reduce reliance on imported medicines.
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The Ethiopian Accreditation Service announced plans to begin accrediting the general services of medical institutions. This move aims to build quality infrastructure and increase trust in Ethiopian products and services.
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The Council of Ministers has proposed a draft amendment to the National Bank of Ethiopia (NBE) to address limitations in the current legislation. The amendment aims to support development initiatives, promote national prosperity, and align with evolving international financial practices.
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The Ethiopian Investment Commission (EIC) and Gada Special Economic Zone (SEZ) signed a Memorandum of Understanding (MoU) today, facilitating the project's official launch.
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Ethiopia is ranked the third most attractive investment destination in Africa for the 2023/24 fiscal year, according to the Ethiopian Investment Commission (EIC). This improvement in the investment climate is attributed to a series of reforms.
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