Nexara

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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China Urges WTO Members To Expedite Rules For Multilateral E-Commerce

China calls on World Trade Organization (WTO) members to speed up the formulation of rules for multilateral digital trade, also known as e-commerce, and create new opportunities for sustainable development, Chinese Commerce Minister Wang Wentao said on Tuesday. “Digital trade is now booming, giving new impetus to all countries, especially developing countries. China calls for …

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Japanese Business Federation Ponders Enhanced Trade, Investment Prospects In Ethiopia

The Japanese Business Federation and twelve companies’ representatives led by Ichiro Hara, Managing Director of the federation, discussed with Semereta Sewasew, Minister of State for Finance, to explore opportunities to boost trade and investment ties with Ethiopia. The state minister appreciated the delegation’s intention to participate in development activities in Ethiopia and urged the companies …

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