bussines news

China Urges WTO Members To Expedite Rules For Multilateral E-Commerce

China calls on World Trade Organization (WTO) members to speed up the formulation of rules for multilateral digital trade, also known as e-commerce, and create new opportunities for sustainable development, Chinese Commerce Minister Wang Wentao said on Tuesday. “Digital trade is now booming, giving new impetus to all countries, especially developing countries. China calls for …

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Japanese Business Federation Ponders Enhanced Trade, Investment Prospects In Ethiopia

The Japanese Business Federation and twelve companies’ representatives led by Ichiro Hara, Managing Director of the federation, discussed with Semereta Sewasew, Minister of State for Finance, to explore opportunities to boost trade and investment ties with Ethiopia. The state minister appreciated the delegation’s intention to participate in development activities in Ethiopia and urged the companies …

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Finance Minister Discusses With The Executive Director Of AfDB

The Finance Minister, Mr. Ahmed Shide, held a consultative meeting with Mr. Jonathan Nzayikorera, Executive Director of the African Development Bank at the Ministry of Finance. The Executive Director highlighted the support the Bank is providing to Ethiopia for different projects across different sectors such as Infrastructure, Agriculture, Water, and Agro-Industrial value chains. Moreover, he …

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ESL Striving to Make Ethiopia East Africa’s Leading Shipping and Logistics Service Provider

A real capacity that makes Ethiopia a leading country in shipping and logistics services in East Africa is being created, according to the Ethiopian Shipping and Logistics Enterprise (ESL). Ethiopian Shipping and Logistics Enterprise CEO, Beriso Amelo, told ENA that the enterprise has generated over 27 billion Birr in revenue by transporting 400,000 tons of …

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MIICCIA Vows To Promote Investment Ties Between Ethiopia And India

A delegation of the Millennial India International Chamber of Commerce Industry and Agriculture (MIICCIA) led by Director General Dilbag Singh and Ambassador Bizunesh Meseret, Deputy Head of Mission at the Ethiopian Embassy in India, engaged in fruitful discussions with Hanna Arayaselassie, Commissioner of Ethiopian Investment Commission (EIC). Hanna provided the delegation with valuable insights into …

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Ethiopian Industrial Parks Win Acclaim For Creating Thousands Of Jobs

The UN Resident and Humanitarian Coordinator in Ethiopia Dr. Ramiz Alakbarov has lauded the impressive Ethiopian industrial parks for creating thousands of job opportunities for citizens. Dr. Ramiz Alakbarov’s comments emerged after he visited Adama Industrial Park together with Mr. Aklilu Taddese, CEO of the Industrial Parks Development Corporation of Ethiopia (IPDC) on Thursday (February …

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ROK’s Giant POSCO Int’l Invited To Seize Investment Opportunities In Ethiopia

 POSCO International Corporation, the Republic of Korea’s largest trading company, has been invited to tap the enticing investment opportunities in Ethiopia. The invitation to the Korean giant corporation was made during the meeting between Ethiopia’s Ambassador to the Republic of Korea Dessie Dalkie and Mr. Kim Dae Young, head of the East-South Africa Regional Office …

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Chinese Language Training Launched To Enhance Police Capacity In Ethiopia

The Confucius Institute of Addis Ababa University launched Chinese language training for law enforcement personnel in Addis Ababa, the capital of Ethiopia, Wednesday, aiming to enhance cultural exchanges and collaborate on security matters with the East African country. Organized by the Ethiopian Police University, the language proficiency training will run for three months with about …

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Morocco-Ethiopia Relationship Showing Progress in Past Few Years: Ambassador M’hammdi

The bilateral cooperation between Ethiopia and Morocco has been showing progress, especially in the past few years, Ambassador Nezha Alaoui M’hammdi told ENA. Morocco Ambassador to Ethiopia, Nezha Alaoui M’hammdi said that the agreements signed to strengthen the relationship between the two countries in 2016 were among the engines that strengthened bilateral relations between the …

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Indian Pharmaceutical, and Textile Companies Show Interest To Invest In Ethiopia

An Indian trade and investment delegation paid a working visit to Ethiopia and held consultations with high-level government officials. The Indian delegation held a meeting with Deputy Commissioners of the Ethiopian Investment Commission, Dagato Kumbe and Zeleke Temesgen (PhD) on how to enter the Ethiopian market. Members of the delegation who represented companies engaged in …

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