Nexara

The Development Bank of Ethiopia has set to provide more than 20 billion Birr loans to Small and Medium enterprises (SMEs) during the current Ethiopia fiscal year. In countries such as Germany, South Korea, China, and Japan Small and Medium Enterprises (SMEs) are the starting point of their large economies. According to a study conducted …

Development Bank of Ethiopia Set to Provide 20 Billion Birr Loan for SMEs Read More »

The Ethiopian Forestry Development and China’s Nanjing Forestry University have agreed to strengthen cooperation on the development of the bamboo industry in Ethiopia. The bamboo plant has vital economic value in addition to its contribution to sustainable land management and promoting a green economy. The Chinese are a pioneer in the exploitation of bamboo. In …

Ethiopian Forestry Dev’t, Chinese Forestry University Agree to Develop Bamboo Industry in Ethiopia Read More »

Huawei Kenya, a renowned global leader in information and communication technology (ICT) infrastructure and smart devices, has forged a groundbreaking partnership with MaMa Doing Good, a prominent non-government organization led by First Lady Rachel Ruto. The alliance aims to empower Kenyan women by providing them with essential digital skills and bridging the digital divide that often hampers their economic …

Huawei, MaMa Doing Good Partner To Empower Kenyan Women with Digital Skills Read More »

The Ethio-Djibouti railway, part of the Belt and Road Initiative flagship infrastructure project for the African continent, has been providing economic and social benefits to the people of Ethiopia and Djibouti, Chinese companies stated. The Belt and Road Initiative is a global infrastructure development strategy adopted by the Chinese government in 2013 to connect Asia …

China-Backed Ethio-Djibouti Railway Providing Crucial Economic, Social Benefits: Firms Read More »

 Ethiopian Ambassador to Japan, Dhaba Debele, has invited Japan’s YANMAR Co. Ltd and Osaka Chamber of Commerce and Industry (OCCI) to explore trade and investment opportunities in Ethiopia and closely cooperate with relevant stakeholders from the East African country. Ambassador Dhaba held a discussion with Mr. Akihiko Hiraoka, Chief Marketing Officer of Yanmar Agribusiness Co., …

YANMAR, Osaka CCI Invited To Explore Trade, and Investment Opportunities In Ethiopia Read More »

Addis Ababa, September 22, 2023 – A direct flight between Ethiopia and Algeria has been launched today, the Ethiopian Embassy in Algiers said. The Addis Ababa-Algiers direct flight was inaugurated by Ambassador Extraordinary and Plenipotentiary of Ethiopia to Algeria, Nebiat Getachew, Mr. Youcef Cherfa, Transport Minister of Algeria, and Mr. Yacine Benslimane, on September 22, …

Addis Ababa-Algiers Direct Flight Launched Read More »

Addis Ababa, September 22, 2023 (FBC) – The Ethiopia-Canada Business & Investment Forum in Toronto has ended successfully where dozens of Ethiopian businesses explored market and partnership opportunities, while Canadian businesses sourcing and investment opportunities in agriculture, manufacturing and mining. During the course of the forum, both sides expressed a willingness to follow up through …

Ethiopia-Canada Business, Investment Forum Concludes Read More »

Eastern Corporation, a company with extensive experience in the construction sector in the United States, expressed its desire to engage in the manufacturing sector in Ethiopia. The Corporation expressed its interest in a meeting between IPDC Chief of Staff Mr. Fitsum Ketema, and the CEO of the American Eastern Corporation, David Ham, and his delegation. …

Eastern Corporation Expresses Desire To Engage In Manufacturing Sector In Ethiopia Read More »