Nexara

Investing in Ethiopia Ideal as Country Is Gateway to Rest of Africa: Investment Commissioner (msn.com) Investing in Ethiopia is ideal as it is a gateway to the rest of Africa, Investment Commissioner Hanna Arayaselassie said. Opening the Ethio-Turkiye Investment and Trade Promotion Forum, which took place in Addis Ababa today, the commissioner noted that Turkiye …

Investing in Ethiopia Ideal as Country Is Gateway to Rest of Africa: Investment Commissioner Read More »

In a concerted effort to extend financial support during the soybean harvesting season, authorities have initiated a credit scheme for edible oil manufacturers through the Ethiopian Commodity Exchange (ECX) warehouse receipt system. The Ministry of Industry(MoI) was receiving continuous appeals from soya bean processors over financial constraints restricting their operational capacity. This prompted a meeting …

Ministry extends lifeline to struggling edible oil producers Read More »

Participants of International Business Summit briefed on investment opportunities in Ethiopia – Welcome to Fana Broadcasting Corporate S.C (fanabc.com) Ethiopian Ambassador to India, Demeke Atnafu attended the International Business Summit and Expo organized by the Asian African Chamber of Commerce and Industry Odisha Chapter, at Bhubaneswar from 12-14 February 2024 with the theme ‘Opportunities Beyond …

Participants Of International Business Summit Briefed On Investment Opportunities In Ethiopia Read More »

The Ethiopian Customs Commission has officially confirmed a whopping sum of 97.6 billion birr collected during the initial half of the ongoing Ethiopian fiscal year. Mr. Debele Kabeta, the Chief Commissioner of the Commission, disclosed that an ambitious target of 103 billion birr was initially set for collection across various revenue categories during the preceding …

Commission Collects A Mammoth 97.6B Birr In 6 Months Read More »

Ethiopia is revamping its intellectual property laws after three decades of operation through a bill drafted in partnership with the European Patent Office. The draft includes provisions for patents, utility models, and industrial designs, which take into account the originality and applicability of products while also suggesting detailed pre-grant procedures to check the validity of …

Ethiopia dusts off intellectual property bill Read More »

State Minister of Foreign Affairs, Ambassador Mesganu Arga received and discussed with New Zealand’s Ambassador to Ethiopia Michael Upton at his office today. Ambassador Mesganu stressed the need to enhance investment and capacity-building cooperation in realizing agricultural productivity, renewable energy development, and fighting climate change. He also underscored the need to scale up the bilateral …

New Zealand Keen to Increase its Investment in Energy, Agricultural Sectors Read More »

Ms. Semereta Sewasew, State Minister of Finance met with Ms. Carmen Magariños, Director General of Cooperation for Africa & Asia of the Spanish Agency for International Development Cooperation (AECID), and the newly appointed Spanish Ambassador Guillermo Lopez MacLellan, along with other members of the visiting member of the delegation. The Director General affirmed Spain’s commitment …

Spain Reaffirms Commitment To Support Ethiopia’s Dev’t Undertakings Read More »

Mitsubishi Corporation (MC), a giant Japanese multinational integrated business entity, has articulated its keen interest in exploring investment opportunities associated with trading within the Dire-Dawa Free Trade Zone. Mr. Shigeyuki Ikeda, the General Manager of Mitsubishi Corporation, undertook visits to Hawasa, Adama, and Bole Lemi Industrial Parks, as revealed by the Industrial Parks Development Corporation. …

Mitsubishi Keen On Engaging In Dire-Dawa Free Trade Zone Read More »

The Ministry of Finance of Ethiopia and the World Bank Group jointly conducted a workshop on Energy Sector Reform, at Addis Ababa today, the Ministry indicated. The workshop brought together officials from the Ministry of Finance, the World Bank, the Ministry of Water and Energy, Ethiopian Electric Power, Ethiopian Electric Utility, Ethiopian Investment Holdings, and …

Ethiopia, World Bank Conduct Workshop On Energy Sector Reform Read More »

 Ethiopia and Pakistan on Thursday explored different avenues for economic cooperation during a bilateral meeting that took place here in Islamabad at the Finance Ministry of Pakistan. Eyob Tekalign, State Minister of Finance, led the Ethiopian delegation while the Pakistan side was led by Shamshad Akhtar, Finance Minister of the Islamic Republic of Pakistan. Governor …

Ethiopia, Pakistan Discuss Cooperation In Financial Sector Read More »