Ethiopia- China business cooperation promotion conference was held Friday in Addis Ababa with a call to further augment trade and investment ties between the two countries. The conference, which gathered leaders of hundreds of Chinese and Ethiopian enterprises, served as a platform to look into the extensive potential for trade and investment cooperation between the …
Minister of Finance Ahmed Shide held talks with the European Union (EU) Commissioner for International Partnerships Jutta Urpilainen. The two discussed Ethiopia’s economic and political situation and regional developments and cooperation under the Horn of Africa Initiative. “During a recent stop-over in Addis Abeba, Commissioner Jutta Urpilainen held constructive discussions on the economic and political …
Ethiopian Finance Minister Confers with EU Commissioner for Int’l Partnerships Read More »
The Ethiopian Embassy in Beijing hosted the Ethiopian Livestock Value Chains Experience Sharing and Business Dialogue Forum today. The forum aimed to bolster bilateral cooperation and investment in Ethiopia’s thriving livestock sector, according to the Ethiopian Embassy in Beijing. Ambassador Tefera Derbew in his keynote speech highlighted the sector’s important role in Ethiopia’s national economy …
A recently submitted draft proclamation for the formation of the National Bank of Ethiopia (NBE) has revoked the Ministry of Finance’s (MoF) authority to allow franco-valuta imports, transferring this responsibility solely to the central bank. According to the draft bill, the NBE will now be in charge of overseeing franco-valuta imports, with the amended Regulation …
NBE granted sole authority over franco-valuta imports Read More »
Jiji, a leading African classifieds platform, has announced the launch of its premium services in Ethiopia, aiming to empower businesses and spur economic growth in the country’s burgeoning e-commerce sector. The introduction of Jiji Premium Services in Ethiopia comes at a pivotal time, as the East African nation’s e-commerce market is projected to reach a …
Officials from Ethiopia and China have outlined great potential for economic cooperation between the two countries’ business communities. The Ethio-China Business Cooperation Promotion Conference in Addis Ababa today underscored the vast potential for economic collaboration between Ethiopia and China. It was indicated that the conference brought together over 200 participants, representing businesses from both nations …
Ethiopia, China Seeking Further Potential of Economic Cooperation Read More »
Mines Minister Habtamu Tegegn underscored that Ethiopia has given greater attention to value-added minerals to maximize foreign currency revenue. The minister has paid a working visit to witness activities of the World Precious Minerals Association in Ethiopia as well as orbit Ethiopia’s engagement on value-added precious mineral outputs. During the visit, the minister witnessed the …
Value-added Minerals Prioritized to Maximize Ethiopia’s Export Earnings: Mines Minister Read More »
Ethiopia and China are holding a Trade and Investment Forum in Addis Ababa with the participation of government officials and business representatives of both countries. Ethiopian State Minister for Industry, Hassen Mohammed, State Minister for Finance, Semereta Sewasew, Director General of the Middle East, Assia and Pacific at the Foreign Ministry of Foreign Affairs, Ambassador …
Ethiopia – China Trade & Investment Forum Underway In Addis Ababa Read More »
House of Peoples’ Representatives approved a 275 million USD loan agreement made between the government of Ethiopia and the International Development Association (IDA) during its 33rd regular meeting today. The loan is dedicated to the second Phase of the Water Supply and Sanitation Program that will be implemented in selected towns over the next three …
House Approves 275 Million USD Loan Agreement With IDA Read More »
China’s prominent automotive manufacturer, Foton Motor Group, has expressed a keen interest in participating in the supply of electric vehicles in Ethiopia. This announcement was made following a meeting between the Minister of State for Transport and Logistics, Mr. Denge Boru, and a delegation from Foton Motor Group, led by the CEO of the company …
Foton Motor Group Seeks To Engage In Ethiopia’s EV Market Read More »