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Ms. Semereta Sewasew, State Minister of Finance met with Ms. Carmen Magariños, Director General of Cooperation for Africa & Asia of the Spanish Agency for International Development Cooperation (AECID), and the newly appointed Spanish Ambassador Guillermo Lopez MacLellan, along with other members of the visiting member of the delegation. The Director General affirmed Spain’s commitment …

Spain Reaffirms Commitment To Support Ethiopia’s Dev’t Undertakings Read More »

Mitsubishi Corporation (MC), a giant Japanese multinational integrated business entity, has articulated its keen interest in exploring investment opportunities associated with trading within the Dire-Dawa Free Trade Zone. Mr. Shigeyuki Ikeda, the General Manager of Mitsubishi Corporation, undertook visits to Hawasa, Adama, and Bole Lemi Industrial Parks, as revealed by the Industrial Parks Development Corporation. …

Mitsubishi Keen On Engaging In Dire-Dawa Free Trade Zone Read More »

The Ministry of Finance of Ethiopia and the World Bank Group jointly conducted a workshop on Energy Sector Reform, at Addis Ababa today, the Ministry indicated. The workshop brought together officials from the Ministry of Finance, the World Bank, the Ministry of Water and Energy, Ethiopian Electric Power, Ethiopian Electric Utility, Ethiopian Investment Holdings, and …

Ethiopia, World Bank Conduct Workshop On Energy Sector Reform Read More »

 Ethiopia and Pakistan on Thursday explored different avenues for economic cooperation during a bilateral meeting that took place here in Islamabad at the Finance Ministry of Pakistan. Eyob Tekalign, State Minister of Finance, led the Ethiopian delegation while the Pakistan side was led by Shamshad Akhtar, Finance Minister of the Islamic Republic of Pakistan. Governor …

Ethiopia, Pakistan Discuss Cooperation In Financial Sector Read More »

The Ethiopian Sugar Industry Group has entered into a memorandum of understanding to collaborate with its Cuban counterpart, Grupo Azucarero Azcuba, a state-owned sugar-producing entity. This development follows the directives ensuing from a recent discourse between Prime Minister Abiy Ahmed (PhD) and the Vice President of the Republic of Cuba, Salvador Valdes Mesa. The signing …

Ethiopian Sugar Industry Group Inks MoU With Its Cuban Counterpart Read More »

Ethiopia signed a 28 million USD project agreement with the United Nations Industrial Development Organization (UNIDO) to enhance the growth of the textile and garments industry in Ethiopia. State Minister of Finance, Semereta Sewasew, and UNIDO representative in Ethiopia, Calabro Aurelia Patrizia signed the agreement with the attendance of State Minister of Industry, Hassan Mohammed. …

Ethiopia, UNIDO  Sign 28 Mil USD Project Agreement to Bolster Textile, Garments Industry Read More »

The first BRICS Sherpa and Sous-Sherpa meeting held in Moscow, Russia, according to Ministry of Foreign Affairs.The Ethiopian delegation headed by Governor of the National Bank of Ethiopia and Ethiopia’s BRICS Sherpa, Mamo Esmelealem Mihretu, participated at the meeting. The delegation has also held fruitful discussions with Sergey Ryabkov, Sherpa of the Russian Federation, Professor …

Ethiopia to Further Strengthen Economic Ties With Other BRICS Members Read More »

Efforts are underway to engage widely Benelux investors in horticulture, the pharmaceuticals industry, and other fields in Ethiopia, according to Ambassador Hirut Zamene. Ethiopia’s ambassador to Belgium, the Netherlands, Luxembourg, and the European Union, Hirut Zamene said that efforts are underway to widely involve investors in exploiting the huge potential of Ethiopia’s tourism, horticulture, and …

Efforts Underway To Attract Benelux Investors To Ethiopia – Envoy Read More »

20ኛው የአፍሪካ የባለ ልዩ ጣዕም ቡናዎች ሳምንትና ኤግዚቢሽን ከጥር 28 ጀምሮ ለአምስት ቀናት በአዲስ አበባ ሚሊኒየም አዳራሽ እንደሚካሄድ ተገለጸ። የኢትዮጵያ ቡናና ሻይ ባለስልጣን ዋና ዳይሬክተር አዱኛ ደበላ (ዶ/ር) እንዳሉት÷ በመርሐ-ግብሩ ከ25 ሀገራት የተውጣጡ 800 ቡና አምራችና ገዥ ድርጅቶች ይሳተፋሉ። መርሐ-ግብሩ ኢትዮጵያ የቡና ሃብቷን የምታስተዋውቅበት፣ ቡና አምራች አርሶ አደሮች ምርታቸውን በማስተዋወቅ ለውጪ ገበያ እንዲያቀርቡ የገበያ ትስስር …

የአፍሪካ ባለ ልዩ ጣዕም የቡናዎች ጉባዔና ኤግዚቢሽን ሊካሄድ ነው Read More »

በበጀት ዓመቱ ስድስት ወራት 23 ነጥብ 45 ቢሊየን ብር ገቢ ማግኘቱን የኢትዮጵያ የባሕር ትራንስፖርትና ሎጅስቲክስ አስታወቀ። የባሕር ትራንስፖርትና ሎጅስቲክስ የግማሽ አመት ዕቅድ አፈፃፀሙን እየገመገመ ሲሆን÷የስድስት ወራት የኦፕሬሽን፣ የፋይናንሺያል እና የካፒታል ፕሮጀክት ሥራዎች ዕቅድ አፈፃፀም ላይ ውይይት ተደርጓል። በግማሽ ዓመቱ አጠቃላይ የድርጅቱን የኦፕሬሽን አገልግሎት መጠን 2 ሚሊየን 544 ሺህ 810 ቶን ለማድረስ ታቅዶ ወደ 3 ሚሊየን …

ከ23 ነጥብ 4 ቢሊየን ብር በላይ ገቢ ማግኘቱን የባሕር ትራንስፖርትና ሎጅስቲክስ አስታወቀ Read More »