Nexara

The Chinese Embassy in Ethiopia together with the Chinese Mission to the AU marked the 74th Anniversary of the People’s Republic of China. In his opening remarks, Embassy Deputy Chief Shen Qinmin stated that the last 74 years have witnessed fruitful achievements out of China’s relentless efforts. China’s development will not be possible without the …

Ethiopia, China Deepening Bilateral Cooperation Through Strategic Partnership: Embassy Deputy Chief Read More »

Africa Finance Corporation, the leading infrastructure solutions provider on the continent, today announced the successful signing of a US$300 million loan facility agreement with the Export-Import Bank of China (CEXIM). This landmark agreement, signed on the sidelines of the Asian Infrastructure Investment Bank (AIIB) Annual meetings in Egypt, is poised to drive increased trade finance …

AFRICA FINANCE CORPORATION (AFC) SECURES US$300 MILLION LOAN FROM THE EXPORT-IMPORT BANK OF CHINA TO BOOST TRADE FINANCE IN AFRICA Read More »

Ethiopian Airlines today announced three additional weekly flights to and from China’s city of Guangzhou. It is known that the Airline operates eight times weekly flights to and from China’s fifth most populous city, Guangzhou to date. The three new additional flights will increase the number of Ethiopian Airlines’ weekly flights to Guangzhou from seven …

Ethiopian Airlines Announces Three Additional Weekly Flights To China’s Guangzhou Read More »

The Development Bank of Ethiopia has set to provide more than 20 billion Birr loans to Small and Medium enterprises (SMEs) during the current Ethiopia fiscal year. In countries such as Germany, South Korea, China, and Japan Small and Medium Enterprises (SMEs) are the starting point of their large economies. According to a study conducted …

Development Bank of Ethiopia Set to Provide 20 Billion Birr Loan for SMEs Read More »

The Ethiopian Forestry Development and China’s Nanjing Forestry University have agreed to strengthen cooperation on the development of the bamboo industry in Ethiopia. The bamboo plant has vital economic value in addition to its contribution to sustainable land management and promoting a green economy. The Chinese are a pioneer in the exploitation of bamboo. In …

Ethiopian Forestry Dev’t, Chinese Forestry University Agree to Develop Bamboo Industry in Ethiopia Read More »

Huawei Kenya, a renowned global leader in information and communication technology (ICT) infrastructure and smart devices, has forged a groundbreaking partnership with MaMa Doing Good, a prominent non-government organization led by First Lady Rachel Ruto. The alliance aims to empower Kenyan women by providing them with essential digital skills and bridging the digital divide that often hampers their economic …

Huawei, MaMa Doing Good Partner To Empower Kenyan Women with Digital Skills Read More »

The Ethio-Djibouti railway, part of the Belt and Road Initiative flagship infrastructure project for the African continent, has been providing economic and social benefits to the people of Ethiopia and Djibouti, Chinese companies stated. The Belt and Road Initiative is a global infrastructure development strategy adopted by the Chinese government in 2013 to connect Asia …

China-Backed Ethio-Djibouti Railway Providing Crucial Economic, Social Benefits: Firms Read More »