Nexara

Ethiopian Airlines To Resume Four Weekly Services To Madrid

Ethiopian Airlines Group, the fastest-growing global airline brand and the continent’s largest airline, is pleased to announce that it will resume four weekly passenger services to Madrid, Spain’s capital and a city of elegant boulevards and extensive, starting from December 9, 2023. The four-time weekly services will be operated per the below schedule on Tuesday, …

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Ethiopia is improving its export business through the Ethio-Djibouti railway service, which is part of the “Belt and Road Project”

It is stated that the Ethio-Djibouti railway service is playing a major role in delivering Ethiopia’s selected coffee and leather from Addis Ababa to Djibouti port. The CGTN report recalled that before the implementation of the “Belt and Road Project” announced by China, Ethiopia used to take at least three days to deliver its exports …

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HBM Group To Build Syringe Manufacturing Plant In Ethiopia

HBM Group is going to build the first company in Africa that will produce one million syringes per day in Kilinto Industrial Park in Ethiopia. HBM Group, a pharmaceutical company, has informed Ethiopia’s Industrial Parks Development Corporation (IPDC) that it has decided to manufacture one million syringes per day at Kilinto Industrial Park. IPDC CEO, …

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Ethiopia’s Economic Growth Holding Well Despite A Limping Global Economy – IMF

Ethiopia’s economic growth is holding relatively well unlike the lingering global growth due to multiple shocks, the International Monetary Fund (IMF) said. The NBE hosted today the IMF research team that prepared this year’s World Economic Outlook. The WEO report finds that while the global economy is recovering from multiple shocks, it is just “limping …

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Ethiopia-China Investment Forum Held In Shanghai

The Ethiopia-China Investment Forum was held in Shanghai City with the participation of more than 300 Chinese companies. During the Forum, Ministers of the Ministries of Finance and Mines Ahmed Shide and Habtamu Tegegn as well as the Investment Commissioner Lelise Neme briefed the company representatives on potentials and opportunities in priority investment areas of …

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Ethiopia Expects to Generate USD 500 Million this Year from Mining

The mining sector in Ethiopia is expected to generate more than USD 500 million in revenue during the current fiscal year, according to the Ministry of mines. The utilization of the nation’s enormous mineral resources has not yet reached its full potential. The mining industry has been given priority by the government, which intends to …

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Africa Trade and Investment Summit to Take Place in Ethiopia

Ethiopia will host the second Africa Trade and Investment Summit (ATIS) on 4th December 2023. According to a press release sent to ENA by the Investment Center of Africa (ICOA), the summit aims to showcase success stories and best practices from entrepreneurs and investors who are making a positive impact in Africa. The summit will …

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