News

Ethiopian Officially Launches Three Times A Week Flights To Botswana’s Maun City

 Ethiopian Airlines launched three times a week flights from its hub Addis Ababa Bole International Airport to Maun, a tourist destination in Botswana. It is stated that the new route will provide convenient and seamless connectivity for travelers from Ethiopia and other parts of Africa to the popular tourist destination of Maun, which is the …

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Private Sector Investment, Participation in Africa’s Electricity Markets Key for Sustainable Financing

Enabling greater private sector investment and participation in Africa’s electricity markets through policy and regulatory enhancements is crucial for sustainable financing, Energy Policy Expert at the Economic Commission for Africa (ECA) underscored. On Friday, ECA, RES4Africa Foundation, and Gestore dei Servizi Energetici (GSE) successfully concluded a High-Level Policy and Regulatory Training on Electricity Market Design …

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Ethiopian Airlines Officially Resumes Daily Flights To Historical City Of Axum

The Ethiopian Airlines has officially resumed flights to the historical city of Axum, a UNESCO World Heritage Site renowned for its cultural significance. In tandem with other federal and regional officials, the CEO of Ethiopian Airlines, Mesfin Tassew, and President of the Interim Administration of Tigray Region, Getachew Reda, attended the inaugural ceremony. According to …

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AMOYTA, A Djibouti Based Company, Keen On Investing In Ethiopia

Ethiopia’s Ambassador to Djibouti, Berhanu Tsegaye, met with Datoo Gaas Ali, CEO of AMOYTA, a company with a plan to open an industry in Ethiopia. In light of our specific support for the industry sector, the Ambassador and the AMOYTA CEO discussed potential markets and how to develop a cooperative strategy for effectively introducing the …

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Indian Company Presents Four Proposals For EVs, IT Services In Ethiopia

Ambassador Demeke Atnafu of Ethiopia to India met with Dr. Vishal Kalra, the Managing Director of India’s Designistic World Limited, to discuss potential investment opportunities in Ethiopia. During their meeting, Dr. Vishal Kalra presented Ambassador Demeke with four proposals, including for the manufacturing of electric vehicles, the production of lithium batteries, the conversion of internal …

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Ethiopian Transacts 150 Million USD with French Companies In Year: CEO 

Ethiopian Airlines Group and a French business delegation are discussing bolstering the existing spirit of cooperation between Ethiopian Airlines and various French companies engaged in the aerospace and aviation sector. Speaking during the opening, Ethiopian Airlines Group CEO Mesfin Tasew said the airline has excellent business relationships with many French companies engaged in aerospace and …

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Ethiopia Sees Surge In Foreign Investment Interest – MFA

The Ministry of Foreign Affairs stated that the number of countries and investors that prefer Ethiopia for investment has increased. This was announced by the Spokesperson of the Ministry of Foreign Affairs, Ambassador Nebiyu Tedla, today during a press briefing to the media. About this, the visit of the seventy-nine (79) members of Saudi Arabia’s …

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Ministry Of Finance, EU Hold Individual Measures Projects Review Meeting

 The individual measures projects review meeting on the EU support to Ethiopia in the period 2021-2023 with a resource allocation of €339 million was held today, the Ministry of Finance stated. The meeting has focused on interventions in the areas of health, education, food security, social protection, reconciliation, peacebuilding, agriculture, response to climate shocks, support …

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Ethio-Engineering Group, Faresin Formwork Sign Agreement

Ethio-Engineering Group and Faresin Formwork, a leading Italian company specializing in formwork systems for the construction industry, have signed a 3 million euro contract agreement in Rome, Italy. This agreement will enable Ethio-Engineering Group to exclusively produce aluminum formwork within the country, thereby advancing the construction machinery manufacturing industry under the group. The contract was …

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Conceptos Plasticos To Engage In Waste – To- Construction Materials Business In Ethiopia’s Industrial Parks

CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), Aklilu Tadesse, received representatives of a Colombian Company, Conceptos Plasticos, at his office. The delegation of Conceptos Plasticos presented a detailed explanation of their interest and strategy for their future engagement in Ethiopia. The delegation stated that thier business transforms plastic waste into alternative construction materials …

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