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The High-level Ethiopia-China Investment Forum held in Beijing

On February 25,2023, the High-level Ethiopia-China Investment Forum co- organized by Ethiopian Embassy and Chinese Investment Promotion Agency (CIPA) held in Beijing. In the forum the Delegation led by H.E. Ahmed Shide, the Director General of CIPA and more than 180 CEOs, General Managers & Professionals from 62 Chinese anchor companies are participated. Speaking on …

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H.E. Ahmed Shide met with Chinese Finance Minister, H.E. Liu Kun in Beijing

Ethiopian high level delegation led by H.E. Ahmed Shide, Finance Minister of the Federal Democratic Republic of Ethiopia, had a fruitful discussion with his counterpart of the People’s Republic of China, H.E. Liu Kun in Beijing, on ways of strengthening economic partnership between the two countries. H.E. Ahmed Shide commended for China’s unwavering support to …

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EIC and East African industrial park signed an industrial park development agreement at Skylight hotel.

The signing ceremony was held to commence the development of an East African industrial park over 100.6 ha of land in Bishoftu, Oromia National Regional State.Upon completion, the park is expected to accommodate mixed manufacturing plants across various industries.The park is also believed to play a greater role in creating more jobs, capitalizing on skills …

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His Excellency Mr. Mamo Mihretu has discussed with the Director General of the Central Bank of China.

The Governor of the National Bank of Ethiopia, Mamo Mehretu, met with the Director General of the Central Bank of China, Jin Zhongxia, in Beijing, China.His Excellency Mr. Mamo Mehretu held a productive discussion with the Director General of the People’s Bank of China, Mr. Jin Zhongxia, on February 23, 2023, in Beijing on how …

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Ethiopia: Telebirr Registers 189,698 Vehicles for Fuel Subsidies

The first half of the current fiscal year saw the registration of 189,698 vehicles on Telebirr. According to the announcement of the Ministry of Trade and Regional Integration (MoTRI), the vehicles were registered on the digital cash platform to access fuel subsidies after the Government began implementing fuel supply reform measures and the Ministry and …

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Ministry calls on financial institutions to support manufacturing industries. (e P A)

Ministry of Industry (MoI) called up on financial institutions to bridge the wide gap of financial glitches in the manufacturing industries to make them competent in the years to come. Speaking at discussion forum yesterday, MoI Minister Melaku Alebel said that the manufacturing sector is playing a crucial role in transforming economic and structural changes …

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Action has been taken on 44 companies that were working without their business license.

Addis Ababa February 16/2015 The Ministry of Trade and Regional Relations has taken action on 44 companies out of the 500 companies that were inspected for business license for six months during the fiscal year. The business organizations that have been taken action according to the proclamation, businesses that had a business license, businesses that …

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The Ethiopian miracle national movement was started to create comfortable conditions for the manufacturing industry.

February 16/2015 M (IMI) Ministry of Industry has held a wide discussion with financial institutions to solve problems in the manufacturing industry. In the discussion, lack of clarity regarding foreign balance and loan supply and issuance, coordination problems between financial institutions and manufacturing industries, absence of an independent body to check whether borrowers are eligible …

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