Nexara

Ethiopia’s Finance Minister Confers with Canadian Minister of Int’l Development

Minister of Finance, Ahmed Shide discussed with Ahmed Hussen, Minister of International Development of Canada the two countries’ economic cooperation. On the occasion, Finance Minister Ahmed appreciated the Government of Canada’s longstanding and consistent support of Ethiopia’s development effort both through bilateral and multilateral levels, He emphasized boosting the two countries’ cooperation taking into consideration …

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Ethiopia-South Sudan Business Forum Kicks Off In Juba

The Ethiopian Industrial Products Exhibition, a significant platform showcasing the nation’s industrial prowess, has commenced on Monday in Juba, South Sudan, the Ethiopian Embassy in Juba disclosed. The event, graced by the esteemed presence of Dr. Dhieu Mathok Diing Wol, Minister of Investment of the Republic of South Sudan, witnessed the participation of sixteen Ethiopian …

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Ethiopia-Brazil Business Forum Opens In Sao Paulo

The Ethiopia-Brazil Trade and Investment Forum organized by Wafa Marketing and Promotion in collaboration with various stakeholders is being held in Sao Paulo, Brazil. The forum was organized by WAFA in collaboration with the Ministry of Foreign Affairs, the Brazilian Embassy in Ethiopia, and the Ethiopian Embassy in Brazil. The forum was attended by the …

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Ethiopia Extends Investment Visit Invitation To Chinese Investors

The Ethiopian Embassy in Beijing, in cooperation with the Ethio-China Friendship and Cooperation Committee, co-hosted a forum entitled “Light Up Villages Program” at the Ethio-China Business Forum earlier today. The forum aims to promote investment and trade opportunities in Ethiopia for Chinese investors. Ethiopia’s Ambassador to China, Tefera Derbew, delivered a keynote speech to the …

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Oil-Gas Trade Could Strengthen Ethiopia, S. Sudan Economies – VP

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 …

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China’s NTAC Interested In Investing In Ethiopia’s Textile, Apparel Sectors

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 …

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Addis Ababa City Revenue Bureau Surpasses Expectations in Tax Collection

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 …

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Ethio-Djibouti Railway Marks New Era with Handover Ceremony

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 …

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This year’s Aviation Stakeholders Convention Kicks off in Addis Ababa

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 …

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