Nexara

Minister of Foreign Affairs Gedion Timothewos met with Ms. Emilie Enger Mehl, Norwegian Justice Minister, today. On the occasion, Dr. Gedion noted that Norway is one of Ethiopia’s longstanding partners, emphasizing his country’s keenness to elevate the existing bilateral ties further. The Minister also highlighted Ethiopia’s ongoing economic reforms and called on Norwegian investors to …

Norwegian investors invited to take advantage of economic reform in Ethiopia Read More »

A high-level business delegation from Reach Digital Company-UAE, led by its CEO, Mr. Feras Neim Mohammed Abusharkh, has kicked off its pre-investment visit in Ethiopia. The delegation commenced their visit by meeting with the Chief Commissioner of the Ethiopian Investment Commission, Zeleke Temesgen (PhD), earlier today, January 13, 2025. During the meeting, Commissioner Zeleke expressed …

UAE business delegation kicks off its pre-investment visit to Ethiopia Read More »

Reach Digital, an Emirati digital transformation and systems integration company, expressed its desire to invest in Ethiopia on driver’s license issuance, vehicle registration system, and technological products in the sector, according to the East African nation’s Ministry of Transport and Logistics (MoTL). The company’s desire and the burgeoning investment opportunities in Ethiopia were discussed during …

UAE’s Reach Digital expresses desire to invest in Ethiopia in several sectors Read More »

Ethiopia’s Ministry of Revenues (MoR) today confirmed that it has obtained over 451 billion birr in the first half of the 2024/25 fiscal year. This achievement was revealed at a joint performance review meeting of the Ministry and the Ethiopian Customs Commission for the past six months of the current fiscal year. The event was …

Ministry obtains over 451 birr revenue in six months Read More »

The Ethiopian Petroleum and Energy Authority has announced plans to establish electric vehicle (EV) charging stations every 50 to 120 kilometers nationwide. This initiative aims to support the growing use of EVs and ensure long-distance travel convenience. Bahru Oljra, Executive Director of Energy Sector Control, has approved a new directive outlining licensing, charging tariffs, power …

Ethiopia to Install Nationwide Electric Vehicle Charging Network Read More »

Prime Minister Abiy Ahmed (PhD) officially launched the Ethiopian Securities Exchange (ESX) today, marking the establishment of the country’s first-ever stock exchange. The Prime Minister inaugurated the ESX by ceremonially ringing the bell, a moment he described as transformative for Ethiopia’s financial and economic landscape. “We have officially rung the bell to launch the Ethiopian …

Ethiopia Inaugurates Its First Stock Exchange Read More »

Sichuan Lihong Construction Group Co., Ltd., a Chinese construction, mineral exploration, and processing and mining machinery manufacturing firm has expressed strong interest in expanding its presence in Ethiopia. The company’s desire to expand its businesses in the East African nation was disclosed during a meeting between the Chief Commissioner of the Ethiopian Investment Commission Zeleke …

China’s Sichuan Lihong Construction Group expresses strong interest in expanding its operation in Ethiopia Read More »

Ambassador Molalign Asfaw, Deputy Head of Mission of the Ethiopian Embassy in New Delhi, visited MM Auto Industries’ manufacturing facility in Manesar, Haryana State, to discuss potential trade and investment partnerships in Ethiopia’s automotive and manufacturing industry with Chairman Mr. Manoj Singhal. On the occasion, Ambassador Molalign highlighted the attractive investment opportunities and incentives in …

India’s MM Auto Industries invited to invest in Ethiopia Read More »

Ethiopia and Tunisia have long enjoyed a partnership characterized by robust business and economic connections, with the Addis Chamber of Commerce and the Tunisian Embassy in Addis Ababa playing key roles in fostering collaboration between the two nations. In a bid to enhance this relationship, leaders from the Addis Chamber and the Tunisian Embassy recently …

Addis Chamber, Embassy explore ways to enhance trade ties between Ethiopia, Tunisia Read More »

Today, the Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA) convened its 17th General Assembly, with notable participation from city officials and business leaders in the capital. During the opening address, Deputy Mayor Jantirar Abay emphasized the importance of strengthening collaboration between the city administration and the Addis Chamber to tackle the business community’s …

AACCSA convenes 17th General Assembly, elects new leadership  Read More »