Nexara

Ethio-Djibouti Railway (EDR) disclosed that it has earned close to 3 billion Birr in revenue in the first nine months of the current Ethiopian fiscal year. Approached by the Ethiopian News Agency, the CEO of Ethio-Djibouti Railway, Abdi Zenebe revealed that the income has a 67 million Birr increase compared to the same period last …

Revenue of Ethio-Djibouti Railway Surpasses Target Set for Nine Months  Read More »

Chinese investments have significantly contributed to the advancement of Ethiopia’s manufacturing sector, and industry stakeholders are keen to assist Chinese investors looking to enter the East African country, said Aklilu Tadesse, CEO of the Ethiopian Industrial Parks Development Corporation (IPDC). Chinese investors currently represent the largest group of foreign investors in industrial parks managed by …

Ethiopia Keen On Enhancing Cooperation With China In Manufacturing Sector: IPDC Read More »

 Deputy Commissioner of Ethiopian Investment Commission (EIC), Zeleke Temesgen, engaged in discussions with a delegation from the Chinese Academy of International Business Officials (AIBO), led by Mr. Zhai Junfeng, Vice Director of AIBO, regarding potential areas of collaboration. During the discussion, the delegation expressed a strong interest in enhancing EIC’s capacity-building programs, facilitating joint investment …

EIC, China’s AIBO Discuss Potential Areas Of Collaboration Read More »

The Documents Authentication and Registration Service (DARS) generated Birr 1.8 billion in revenue during the past nine months while serving 1,237,329 customers. The revenue comes from stamp duties and service charges levied on a vast clientele base. The service examined over 715,500 contracts with an average daily client count of 6,400. The authority also confiscated …

Documents Authentication and Registration Service Serves 1.2 Million Customers in Nine Months Read More »

Ethiopia’s leather and leather products industry generated approximately 23.4 million USD in export revenue during the last nine months of the fiscal year, according to the Leather and Leather Products Industry Research and Development Center. The revenue stemmed from exports of shoes, bags, leather gloves, and finished, and semi-finished leather to various international markets. Leather …

Ethiopian Leather Industry Exports Hit USD 23.4 Million Read More »

The Ethiopian delegation led by Finance Minister, Ahmed Shide held strategic discussions with US Assistant Secretary of State for African Affairs Amb. Molly Phee, the Special Envoy for Horn of Africa, Amb. Michael Hammer and Under Secretary for US Treasury for International Affairs, Jay Shambaugh. On the sidelines of the 2024 WB-IMF Spring Meetings, they …

Finance Minister Ahmed Shide Holds Discussions with Assistant Secretary of State for African Affairs, Other US Officials  Read More »

Ethiopian Maintenance, Repair, and Overhaul (MRO) Services, the strategic business unit of Ethiopian Airlines, is ready to cooperate with fellow African Airlines and manufacturers, Ethiopian Airlines CEO Mesfin Tasew said. African Aviation MRO and Aviation Training Conference and Exhibition are underway in Addis Ababa under the theme of “Strengthening Africa’s MRO and Training Capacity for …

Ethiopian MRO Services Ready to Cooperate with Fellow African Airlines, Manufacturers: CEO Read More »

The Prime Minister of Uganda, Robinah Nabbanja, said that her country is keen to work in collaboration with Ethiopia in using industrialization experience accumulated in developing and managing industrial parks. According to the Industrial Parks Development Corporation, the prime minister remarked on her visit to Bole Lemi Industrial Park today. “We will work in cooperation …

PM Nabbanja Says Uganda Keen to Work with Ethiopia in Industrialization Sector Read More »

Ethiopian Airlines, Africa’s largest airline, has announced an upcoming increase in flight frequency to and from Douala, the largest city in Cameroon, with the new service scheduled to commence on June 3. This development will see the airline connecting Cameroon’s commercial and economic capital with a total of 11 weekly flights, reflecting Ethiopian Airlines’ commitment …

Ethiopian Airlines Increases Douala Flights To 11 Times Weekly Read More »

 Ethiopian Airlines announced that it has signed an agreement with Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) at the MRO Africa 2024 in Addis Ababa today. The agreement was signed for component support for the Ethiopian Boeing 777 fleet, at the MRO Africa 2024 in Addis Ababa, the Airline said. It is …

Ethiopian Inks Boeing 777 Fleet Support Agreement With AFI KLM E&M Read More »