Ethiopia’s healthcare industry is gearing up for a major showcase with the first-ever domestic medical resource production and innovation exhibition. The event, “Our Health is Our Products,” will be held from June 22nd to 27th, 2024. The exhibition aims to boost the local medical equipment manufacturing sector. It will create a platform for businesses to …
The Ministry of Mines announced that USD 274 million has been earned from gold exports in the last nine months, reflecting an 83% growth compared to the previous year. The revenue is attributed to a rise in gold production by both commercial mining companies and traditional miners. They delivered 3.023 tons of gold to the …
Wegagen Bank and Mpesa, a mobile banking platform offered by Safaricom Ethiopia, have joined forces to provide customers with convenient digital payment solutions. This partnership, approved by the National Bank of Ethiopia, aims to eliminate the need for cash transactions. Goytom Gebretsadkan, Deputy Executive Representative of Wegagen Bank’s Technology Sector, signed the agreement, and Paul …
Wegagen Bank and Mpesa Partner to Offer Digital Payment Services Read More »
Ethiopia is actively pursuing the diversification of ports to boost its economy, Transport and Logistics State Minister Dange Boru said. The focus is on Ethiopia’s efforts to expand its options for maritime trade, which is seen as a strategy to drive economic growth and development within the country. A half-day panel discussion organized by the …
Ethiopia Committed To Diversifying Ports To Stimulate Economy – Ministry Read More »
Ethiopian Airlines Group Chief Executive Officer Mesfin Tasew said that the Airline is working to make the country a “hub of Africa’s aviation.” US-based global aerospace giant Boeing announced earlier this week that it will open its African headquarters in Ethiopia. The decision puts an end to speculation about South Africa and Kenya being the …
Ethiopian Striving To Make The Country Hub Of Africa’s Aviation Read More »
Ethiopian Airlines has announced that it has launched new thrice-weekly passenger flights to Freetown, Sierra Leone, via Ouagadougou, Burkina Faso starting on, the 31st of May 2024. In his opening remarks, the CEO of Ethiopian Airlines, Mesfin Tasew, the launch of the Addis Ababa – Freetown flight service shows how the efforts to integrate the …
Ethiopian Airlines Launches New Thrice Weekly Passenger Flights To Freetown Read More »
The Horn of Africa Initiative (HoAI) convened the 21st ministerial meeting alongside the African Development Bank’s 2024 annual meetings at the Kenyatta International Convention Center in Nairobi. The meeting’s core agenda focused on the performance of the HoAI portfolio and the implementation of the Borderlands Roadmap. The need for tailored approaches to project implementation was …
Finance Minister Presides Over HoAI 21st Ministerial Meeting In Nairobi Read More »
The Ethiopian Industrial Parks Development Corporation (IPDC) has announced today that the Chinese company, Affluence Electric Appliances Manufacturing Plant, has completed pre-operational work and is now operational. The company has entered into a contract with the IPDC and has been conducting pre-operational activities at the Bahir Dar Industrial Park. Affluence Company has invested over 725 …
Chinese Electric Appliances Manufacturing Plant Goes Operational In Bahir Dar Read More »
The Ethiopian Investment Commission (EIC) and the Sialkot Chamber of Commerce & Industry (SCCI) signed an agreement to establish a consortium of companies in Ethiopia. This Memorandum of Understanding (MoU) focuses on industries such as sports goods, sportswear, leather products, surgical instruments, gloves, and workwear. The signing ceremony, witnessed by Ethiopian and Pakistani ambassadors, signifies …
Ethiopia and Pakistan Forge Investment Partnership Read More »
Ethiopian Toll Roads Enterprise (ETRE) announced impressive results for the first nine months of the 2023/24 fiscal year. It collected over 748 million Birr in tolls from more than 8.4 million vehicles traveling on its three highways. “We’re pleased to report a significant increase in revenue and profitability,” said Sintayehu Mekonnen, a public relations expert …
Ethiopian Toll Roads Enterprise Collects Birr 748 Million in Nine Months Read More »