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The Ethiopian Coffee and Tea Authority (ECTA) has pocketed more than 356 million dollars from the export of coffee, tea, and spice products in the first quarter of the current fiscal year. Coffee, tea, and spices are among the agricultural export products that Ethiopia obtains foreign currency. The Ethiopian Coffee and Tea Authority asserted that …

Over $356mln Pocketed From Coffee and tea Export Trade In the First Quarter Read More »

Ethiopia substituted import products worth 350 million USD in the first quarter of the current fiscal year, Industry Minister Melaku Alebel said. A half-day consultative discussion with stakeholders on the national import substitution strategy is being undertaken in the capital, Addis Ababa, today. On the occasion, Minister Melaku said Ethiopia’s trade imbalance is very huge …

Some $350mln-Worth Import Substituted In the First Quarter: Ministry Read More »

The Commercial Bank of Ethiopia (CBE) today confirmed that its digital financial transaction has surpassed the 1.3 trillion Birr mark in the first quarter of the current Ethiopian financial year. The Bank is reviewing the 2016 E.C (2023/24) fiscal year first quarter performance. As stated in the conference, encouraging performance of digital banking services has …

CBE Says 1st Quarter Digital Transaction Surpasses 1 Trillion Birr Read More »

Jemal Beker Abdula, Ambassador Extraordinary and Plenipotentiary of Ethiopia, has visited the Islamabad Chamber of Commerce and Industry (ICCI), and highlighted untapped business, trade and investment opportunities in Ethiopia and Africa as well. Addressing the gathering of businessmen, Ambassador Jemal underscored the importance for Pakistan to establish a stronger presence in Africa, a continent with …

Envoy Renews Call To Pakistani Businessmen To Explore Africa Through Ethiopia Read More »

Suhail Industrial Holding Group, Qatar’s corporation of companies specializing in the recycling, production, and export of processed non-ferrous metals and plastics, has confirmed that it is looking to expand its investment engagement in Ethiopia. The Group’s interest was expressed during the meeting between the Ethiopian Ambassador to the State of Qatar, Faisal Ali Ibrahim, and …

Qatari giant Suhail Group has expressed its desire to invest in Ethiopia Read More »