Nexara

The Ethiopian Airlines has officially resumed flights to the historical city of Axum, a UNESCO World Heritage Site renowned for its cultural significance. In tandem with other federal and regional officials, the CEO of Ethiopian Airlines, Mesfin Tassew, and President of the Interim Administration of Tigray Region, Getachew Reda, attended the inaugural ceremony. According to …

Ethiopian Airlines Officially Resumes Daily Flights To Historical City Of Axum Read More »

Ethiopia’s Ambassador to Djibouti, Berhanu Tsegaye, met with Datoo Gaas Ali, CEO of AMOYTA, a company with a plan to open an industry in Ethiopia. In light of our specific support for the industry sector, the Ambassador and the AMOYTA CEO discussed potential markets and how to develop a cooperative strategy for effectively introducing the …

AMOYTA, A Djibouti Based Company, Keen On Investing In Ethiopia Read More »

Ambassador Demeke Atnafu of Ethiopia to India met with Dr. Vishal Kalra, the Managing Director of India’s Designistic World Limited, to discuss potential investment opportunities in Ethiopia. During their meeting, Dr. Vishal Kalra presented Ambassador Demeke with four proposals, including for the manufacturing of electric vehicles, the production of lithium batteries, the conversion of internal …

Indian Company Presents Four Proposals For EVs, IT Services In Ethiopia Read More »

Ethiopian Airlines Group and a French business delegation are discussing bolstering the existing spirit of cooperation between Ethiopian Airlines and various French companies engaged in the aerospace and aviation sector. Speaking during the opening, Ethiopian Airlines Group CEO Mesfin Tasew said the airline has excellent business relationships with many French companies engaged in aerospace and …

Ethiopian Transacts 150 Million USD with French Companies In Year: CEO  Read More »

The Ministry of Foreign Affairs stated that the number of countries and investors that prefer Ethiopia for investment has increased. This was announced by the Spokesperson of the Ministry of Foreign Affairs, Ambassador Nebiyu Tedla, today during a press briefing to the media. About this, the visit of the seventy-nine (79) members of Saudi Arabia’s …

Ethiopia Sees Surge In Foreign Investment Interest – MFA Read More »

 The individual measures projects review meeting on the EU support to Ethiopia in the period 2021-2023 with a resource allocation of €339 million was held today, the Ministry of Finance stated. The meeting has focused on interventions in the areas of health, education, food security, social protection, reconciliation, peacebuilding, agriculture, response to climate shocks, support …

Ministry Of Finance, EU Hold Individual Measures Projects Review Meeting Read More »

Ethio-Engineering Group and Faresin Formwork, a leading Italian company specializing in formwork systems for the construction industry, have signed a 3 million euro contract agreement in Rome, Italy. This agreement will enable Ethio-Engineering Group to exclusively produce aluminum formwork within the country, thereby advancing the construction machinery manufacturing industry under the group. The contract was …

Ethio-Engineering Group, Faresin Formwork Sign Agreement Read More »

CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), Aklilu Tadesse, received representatives of a Colombian Company, Conceptos Plasticos, at his office. The delegation of Conceptos Plasticos presented a detailed explanation of their interest and strategy for their future engagement in Ethiopia. The delegation stated that thier business transforms plastic waste into alternative construction materials …

Conceptos Plasticos To Engage In Waste – To- Construction Materials Business In Ethiopia’s Industrial Parks Read More »

Saudi Arabian investors have expressed their interest in participating in the development of a 5-star hotel and other tourism services in Ethiopia. During the Ethio-Saudi Business and Investment Forum, attendees were provided with information on potential investment opportunities within the tourism sector in Ethiopia. Following the Ethiopia-Saudi business forum, investors met with the Minister of …

Saudi Investors Eye Ethiopian Tourism Opportunities Read More »

Pakistan Ambassador to Ethiopia, Mian Atif Sharif, has praised Ethiopia for paying attention to liberalization and opening up the economy for foreign investors. Over the past five years, Ethiopia has undertaken significant economic reforms to open up the economy including liberalization of the telecom sector, opening up of the financial sector, the liberalization of trade …

Pakistan Ambassador Lauds Ethiopia for Liberalization, Opening up the Economy Read More »