Nexara

Ethiopia, China Sign Agreement to Enhance Tourism Cooperation

Ethiopia and China have signed a bilateral agreement to strengthen their cooperation in the tourism sector. Ethiopia’s Tourism Minister Selamawit Kassa and Chinese Ambassador to Ethiopia, Chen Hai signed the agreement today. The agreement aims to enhance collaboration in tourism development, protection of wild animals, and expanding cooperation in cultural exchanges. Minister of Tourism, Selamawit …

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Ethiopian Airlines Adds Flights to Rome from 1st December 2024

Ethiopian Airlines, Africa’s largest and most successful carrier, announced the addition of three weekly midday flights to Rome effective December 1, 2024, for a seamless journey between Africa and Italy. In its social media post the Ethiopian Airlines Group, they have stated that it has continued to unlock new possibilities with better connections.

Embassy, BWA discuss ways to attract German businesses to Ethiopia

Ethiopia’s ambassador, Eskindir Yirga, met with Mr. Urs Unkauf, the Federal Managing Director at the Federal Association for Economic Development and Foreign Trade (BWA) of Germany. The discussions between the two sides focused on strengthening the collaboration between the Embassy and BWA in promoting Ethiopia’s economic potential to German Businesses. BWA Global Economic Network is …

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Ethiopian industrial parks emerge as key investment destinations for Chinese investors

Ethiopian industrial parks have become a focal point for Chinese investors, as highlighted by Yang Yihang, Economic and Commerce Minister Counselor at the Chinese Embassy in Addis Ababa. In a meeting with Fiseha Yitagesu, CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), discussions centered around enhancing direct investments from China into the country’s industrial …

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Ethio-China Friendship and Cooperation Committee Pledges to Promote Ethiopia’s Coffee Globally  

The Ethio-China Friendship and Cooperation Committee has vowed to work on various initiatives, including promoting Ethiopia’s coffee on the global stage, according to the Ministry of Foreign Affairs. State Minister of Foreign Affairs, Ambassador Mesganu Arga, held discussions with senior members of the Ethio-China Friendship and Cooperation Committee. Betty Xu, Chairperson of the Ethio-China Friendship …

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India Eager to Boost Cooperation with Ethiopia in Mining, Construction & Infrastructure Sectors

Indian Ambassador to Ethiopia, Anil Kumar Rai expressed India’s keen interest in boosting economic cooperation with Ethiopia, particularly in the mining, construction, and infrastructure sectors. Speaking to ENA, the ambassador reaffirmed India’s longstanding partnership with Ethiopia, emphasizing a shared commitment to development and economic cooperation between the two countries. India is one of its old …

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Ethiopia Launches National Coffee Stakeholder Engagement Platform

Ethiopia has launched a National Coffee Stakeholder Engagement Platform to properly utilize the resources of the sector by addressing the existing challenges. Speaking during the occasion, Ethiopian Coffee and Tea Authority Director-General Adugna Debela said the platform will have immense importance in addressing challenges in the sector and utilizing opportunities effectively. According to him, the …

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Ethiopia’s Emerging Textile Industry Offering Numerous Opportunities for Global Investors

Ethiopian Investment Commissioner Zeleke Temesgen underscored that Ethiopia’s vast potential for companies in the textiles and garments industry has been steadily growing. The Global Linen Textile Forum 2024 held in Addis Ababa today organized by the Ethiopian Investment Commission and key partners brought together participants from 15 countries. Co-hosted by Kingdom (Ethiopia) Linen PLC, Kingdom …

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Benishangul Gumuz Deposits 548kg of Gold into National Bank in Three Months

The Benishangul Gumuz Regional State has achieved a milestone in gold production, depositing 548 kilograms of gold into the National Bank of Ethiopia (NBE) in the first quarter of this fiscal year. This figure not only exceeds the region’s quarterly target of 413 kilograms but also doubles last year’s total annual deposit of 274 kilograms. …

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Korangi’s traders and industrialists express keen interest to explore Ethiopian market

The Korangi Association of Trade and Industry (KATI) on Wednesday showed keen interest in visiting the Federal Democratic Republic of Ethiopia (FDRE) to explore business, trade, and investment opportunities in diverse sectors of its growing economy, the Ethiopian Embassy in Islamabad confirmed in a press note sent to Fana Broadcasting Corporate. The trade and industrials …

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