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EIC Welcomes Algerian Pharmaceutical Firms’ Investment Plan In Ethiopia

The Ethiopian Investment Commission (EIC) hosted delegates from Algerian pharmaceutical companies TOP Gloves and DIAGNOPHARM. During the meeting, discussions were held regarding potential investments in Ethiopia’s pharmaceutical sector. EIC Deputy Commissioner Zeleke Temesgen offered detailed insights into the opportunities available in the sector and relevant policies to the representatives from the Algerian pharmaceutical companies. Deputy …

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Chinese Weihai City Shows Interest In Pharmaceutical and Textile Sectors In Ethiopia

Ambassador Tefera Deribew met with a delegation led by Zhao Baogang, Vice Mayor of Weihai City on Wednesday and discussed bilateral affairs by focusing on further strengthening people-to-people bonds and, enhancing investment and trade cooperation between Ethiopia and Weihai City. Both sides agreed to boost mutual economic cooperation in the fields of pharmaceutical, Textile, and …

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Sri Lanka Desirous to Expand Bilateral Trade, Investment Relations with Ethiopia: Amb. Kumarasiri

Sri Lanka is keen to expand bilateral trade and investment cooperation with Ethiopia, Ambassador K.K Theshantha Kumarasiri said. In an exclusive interview with ENA, the ambassador said there are many Sri Lankan business entrepreneurs interested in investing and doing trade with Ethiopia. Ambassador Kumarasiri stated that Sri Lanka has recently proposed for the first time …

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MInT, Lenovo Discuss Cooperation In AI, Smart Urbanization

Ethiopia’s Minister of Innovation and Technology, Belete Molla, engaged in dialogue with representatives of Lenovo regarding prospective avenues of collaboration. It is learned that the discussion revolved around digital transformation, artificial intelligence technologies, smart urbanization, and analogous endeavors in technology transfer and development. During the meeting, Belete Molla articulated Ethiopia’s endeavors towards formulating a digital …

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Ethiopia Signs A €10.6M Grant Arrangement With The Netherlands

Ethiopia signs a 10.6 million euros (Approximately 647 million Birr) grant arrangement with the Kingdom of the Netherlands for the Cool Port Addis project Phase I. The Cool Port Addis Project I is designed to alleviate bottlenecks hindering Ethiopia’s realization of its horticultural potential. Situated within the Modjo Green Logistics, Cool Port Addis represents an …

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Industry Minister Invited Indian Companies For Long-Term Partnership

During an Interactive session organized by the Embassy of Ethiopia in India, Minister of Industry Mr. Melaku Alebel called for more Indian investors in Ethiopia while highlighting ample investment opportunities in his country by focusing on priority sectors such as agriculture, manufacturing, mining, ICT, and tourism. The Minister elaborated on factors for investment in Ethiopia …

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South Korean-Based Tour Agency Seeking to Send Tourists to Ethiopia

Yellow Balloon Tour Agency, one of the top tour Agencies in South Korea is keen to send tourists to Ethiopia. Ethiopian Ambassador to South Korea, Dessie Dalkie conferred with the CEO of Yellow Balloon Tour Agency, Kim, Jin Kook, according to the Embassy of Ethiopia in Seoul, South Korea. During the discussion, Ambassador Dessie Dalkie …

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RESDAC Systems Plans $60M Oil Refinery In Ethiopia

RESDAC Systems LTD, a leading global energy solutions company, disclosed its plans to establish a crude petroleum oil refinery in Ethiopia with a 60 million USD investment. The company’s intent was disclosed during a discussion between deputy commissioners of the Ethiopian Investment Commission, Dagato Kumbe and Zeleke Temesgen, and the Indian firm’s delegates. During the …

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Registration Process for Foreign Nationals

We inform all concerned parties that our registration process for foreign nationals residing within the nation’s borders without having finalized their immigration status, including individuals who have not duly engaged with the legal immigration system, as well as those who have overstayed their permitted duration without renewing their visas and residence permits, is still ongoing …

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IGAD, EU Sign 4 Mil Euros Financing Agreement to Strengthen Partnership for Regional Dev’t & Peace

The Intergovernmental Authority on Development (IGAD) and the European Union (EU) signed a 4 million Euros financing agreement to enhance the EU-IGAD partnership. The agreement was inked by Deputy Executive Secretary of IGAD, Mohamed Abdi Ware, and European Union (EU) Ambassador to Djibouti and IGAD, Sylvie Tabesse. This financial support highlights the EU’s acknowledgment of …

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