The Vice President for Infrastructure Cluster of the Republic of South Sudan, Taban Deng Gai, stressed the need for Ethiopia and South Sudan to invest in oil and gas to strengthen their economies. Gai, who spoke during the second day of the Ethiopia-South Sudan business and investment forum in Juba on Tuesday, stated that the …
Oil-Gas Trade Could Strengthen Ethiopia, S. Sudan Economies – VP Read More »
Ethiopian Airlines today announced daily flights to Ouagadougou, the capital of Burkina Faso. The daily flight schedule to the West African nation’s capital will be effective from May 31, 2024. Source: FBC
The China National Textile & Apparel Council (CNTAC), a prominent textile and apparel industry organization, has expressed keen interest in exploring investment opportunities within Ethiopia’s textile and apparel sectors. With its extensive experience and expertise, CNTAC aims to leverage potential collaborations to tap into the growing market of Ethiopia’s textile and apparel industry. CNTAC’s desire …
China’s NTAC Interested In Investing In Ethiopia’s Textile, Apparel Sectors Read More »
Addis Ababa City Revenues Bureau (AACRB) announced a successful performance in tax collection, exceeding expectations for the past nine months. While the original target was set at Birr 109 billion, the AACRB achieved a 98% collection rate, amassing Birr 108 billion within the designated timeframe. Integrating new technologies among staff is said to have facilitated …
Addis Ababa City Revenue Bureau Surpasses Expectations in Tax Collection Read More »
In Addis Ababa, the Ethio-Djibouti Railway transitioned to joint management by Ethiopia and Djibouti. For six years, the Chinese Railway Construction Corporation (CRCC) co-managed the line as part of China’s Belt and Road Initiative. This 750-kilometer electrified railway, Africa’s first, began operations in 2018, linking Addis Ababa to Djibouti’s port. At the ceremony, keys were …
Ethio-Djibouti Railway Marks New Era with Handover Ceremony Read More »
The 12th Aviation Stakeholders Convention, hosted by the Ethiopian Airlines Group kicked off in Addis Ababa today. A two-day convention being convened under the theme: “Beyond connecting African aviation,” brought together over 500 delegates from the aviation industry in Africa, Europe, the Middle East, Asia, and North America. The Convention is the industry’s ideal platform …
This year’s Aviation Stakeholders Convention Kicks off in Addis Ababa Read More »
The Pakistan-Ethiopia Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has convened its maiden meeting to mobilize the business community of the Islamic Republic of Pakistan for the 2nd Business and Trade Delegation to Ethiopia, scheduled for May 26th to 31st, 2024. Jemal Beker Abdula, Ambassador of Ethiopia to Pakistan, …
Ethiopian Cargo & Logistics Services today announced the addition of two new freighter destinations in India as it seeks to increase its global network. In an announcement made on May 10th via a LinkedIn post, Ethiopian Cargo revealed that Hyderabad and Ahmedabad will be incorporated into its existing freighter network starting from May 11th. “Starting …
MadeInEthiopia Movement helped the industry sector increase its contribution to the overall GDP of the country following the measures taken to resolve the bottlenecks in the sector, Minister of Industry Melaku Alebel remarked. Prime Minister Abiy Ahmed has officially inaugurated ‘MadeInEthiopia Expo at the Millennium Hall in Addis Ababa today. ‘Made In Ethiopia’ is a …
Made-In-Ethiopia Movement Contributing to Increase GDP Read More »
The Ministry of Trade and Regional Integration announced an update on fuel prices effective May 9, 2024. While the retail prices of white diesel, kerosene, jet fuel, light black diesel, and heavy black diesel will remain unchanged, the price of gasoline will see a minor increase due to recent fluctuations in the global market. These …
Gasoline Price Up, Other Fuel Prices Remain Stable Read More »