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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 »

Officials of the Ethiopian Sugar Industry Group discussed with the officials of Cuba’s Azcuba Grupo Azucarrero sugar production company about possible cooperation issues. During the meeting, the CEO of Ethiopian Sugar Industry Group, Mr. Wayo Roba, asserted that there is an interest in cooperating with their Cuban counterpart in sugarcane biotechnology, development of various products, …

Ethiopian, Cuban Sugar Industry Groups Discuss Prospect Of Cooperation Read More »

A discussion forum was held in Italy on the sidelines of the Italy- Africa Summit to promote the existing investment opportunities in Ethiopia. New and prominent Italian companies that have a great desire to invest in Ethiopia have participated in the discussion forum organized by the Ethiopian Embassy in Italy. Ethiopian ambassador to Italy, Demity …

Discussion Forum Held in Italy to Promote Ethiopia’s Investment Potential  Read More »

Ethiopian Capital Markets Authority Set to Accept Applications for Investment Bank Operation License. The Ethiopian Capital Markets Authority has unveiled an opportunity for investors and financial institutions alike as it gears up to accept applications for Investment Bank Operation Licenses. In line with the implementation of the Capital Market Service Providers Licensing and Supervision Directive …

In Two Weeks, You Can Apply for An Investment Bank Operation License. Read More »

The global GDP growth is projected to slow from 2.7 percent in 2023 to 2.4 percent in 2024,  according to the World Economic Situation and Prospects (WESP) 2024 launched by the Economic Commission for Africa (ECA) in Addis Ababa, Ethiopia. Growth is forecast to improve moderately to 2.7 percent in 2025 but will remain below …

Global Economic Growth To Slow Despite Falling Inflation – UN Report Read More »

Ethiopian Airlines and Safaricom Ethiopia today announced the launch of M-PESA Wallet as a payment option. Ethiopian Holiday (ET-Holiday) Vice President Hailemelekot Mamo and Safaricom Ethiopia Chief Financial Services Officer, Paul Kavavu announced the launching. The M-PESA Wallet is an online mobile payment option that facilitates the booking process of Ethiopian and cross-border customers. With …

Ethiopian, Safaricom Launch M-PESA Wallet Payment Option Read More »