News

In an official press statement released today, the government of the UK announced that it has temporarily removed export tariffs for cut flowers, with the aim of making trade with the UK easier and cheaper for growers in East Africa – including Ethiopia – and beyond. Ethiopia is said to be the second largest cut …

UK Temporarily Halts Flower Export Tariffs Read More »

Merchants’ Chamber of Commerce and Industry (MCCI) organized a Special Session with the Ambassador of Ethiopia to India, Demeke Atnafu Ambulo, on ‘India-Ethiopia Bilateral Ties and Trade’ today at MCCI Conference Hall. While welcoming the guests, Mr. Rishabh C. Kothari, Immediate Past President, MCCI in his address highlighted that “India is the second largest trading …

Ethiopia, India Explore Ways To Expand Trade, Investment Ties Read More »

The Ministry of Trade and Regional Integration of Ethiopia (MoTRI) has disclosed a significant milestone in export revenue generation, announcing that a total of 617 million US dollars has been accrued from export products within the first 8 months of the current fiscal year. This achievement represents 87.51 percent of the targeted revenue goal of …

Export Products Generate $617M Income In Eight Months Read More »

Ethiopia’s Deputy Prime Minister, Temesgen Tiruneh, announced a significant shift for the Ethio-Engineering Group, revealing their upcoming transition to assembling electric vehicles and machinery. The government sees Ethio-Engineering Group, with its established capacity and expertise, as a critical player in achieving its goal of phasing out imported petrol and diesel cars. The company’s CEO, Suleiman …

Ethio-Engineering Group to Shift Focus to Electric Vehicles and Machinery with Government Backing Read More »

Ethiopian Airlines Group has been striving for excellent customer service delivery that would help it lift the ongoing growth to a higher level, said CEO Mesfin Tassew. In connection with its 78th anniversary, Ethiopia has made a special flight to Cairo, Egypt on Sunday. During the occasion, the CEO said that the Ethiopian is working …

Ethiopian Prioritizes Customer Service Excellence: CEO Read More »

 More than 60 local companies are operating in various investment sectors at Industrial Parks, according to the Industrial Parks Development Corporation (IPDC). Investment Promotion and Marketing sector Deputy CEO at IPDC Zemen Junedin said the participation of local companies in industrial parks has been increasing. He added that the presence of local companies has exceeded …

Presence Of Local Companies In Industrial Parks On The Rise: IPDC Read More »

China’s Wuxi No.1 Cotton Textile Company shareholders along with the esteemed Guolian Group, Guolian Group, a large-scale comprehensive state-owned enterprise group, expressed a profound interest in furthering their ventures within the Dire Dawa Free Trade Zone. The Chinese companies’ interest was disclosed during a meeting between the Deputy Commissioner of the Ethiopian Investment Commission, Mr. …

China’s Wuxi No. 1, Guolian Group Interested In Expanding Ventures In Dire Dawa FTZ Read More »

Ethiopia’s Minister of Industry, Melaku Alebel, engaged in consultations with Albert Muchanga, Commissioner for Trade and Industry African Union Commission, regarding avenues for collaboration in the industry sector. It was stated that the deliberations centered on strategies to advance industrial modernization through symbiotic relations of agriculture and industry as key drivers of economic growth. Mr. …

AU Commission Commits To Supporting Ethiopia’s Industrial Advancement Read More »

 Ethiopian Airlines, the biggest African carrier, has celebrated its 78th anniversary with a special flight to Cairo, Egypt. Senior management and staff of the airline, including Group CEO Mr. Mesfin Tasew and Chief Commercial Officer Lemma Yadecha, provided special hospitality services for customers aboard. In line with Ethiopia’s values of community engagement, passengers received Seasons Greeting …

Ethiopian Marks 78th Anniversary With A Special Flight To Cairo Read More »

The Governor of the National Bank of Ethiopia, Mamo Mihretu underscored that Ethiopia’s digital payment system service has been witnessing substantial growth over the past years. In his remarks on the Ethiopia Digital Payment Conference held today, Mamo said a significant amount of Ethiopian Birr has been transacted through the digital payment system. A report …

Ethiopia’s Digital Finance Payment Service Sees Substantial Progress: NBE Governor Read More »