bussines news

ECCSA, GIZ Unveil A Project To Back Private Companies In The Manufacturing Industry

Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) in partnership with the German Agency for International Cooperation (GIZ) has unveiled a project tailored to capacitate some 1,000 private companies in the manufacturing industry. The beneficiary companies are operating in Oromia, Amhara, and Sidama regions. The project is said to enhance the capacity of the council …

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China has become the first country to have over 4 million domestic patents by the end of 2023.

China has announced that it will become the first country to have over 4 million domestic patents by the end of 2023. This follows an annual increase of 22% and 4%, making it the first country in the world to have achieved this, according to the country’s National Intellectual Property Administration. The deputy head of …

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Ethio Telecom-Huawei Broadband Dev’t Summit Held

Huawei Ethiopia, in collaboration with Ethio Telecom and the Ministry of Urban and Infrastructure, held a summit that focused on broadband development, Fiber to the Home, Huawei Ethiopia said in a press statement sent to FBC. Mr. Fenta Dejen, the Minister of State for Urban and Infrastructure, acknowledges a global transformation driven by advanced technologies …

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Industrial Parks Dev’t Corporation Inks Agreement With 11 Local And Foreign Companies

Industrial Parks Development Corporation (IPDC), has signed an agreement with 11 local and foreign companies that have shown interest in investing in industrial parks across Ethiopia. CEO of the IPDC, Aklilu Tadesse, has signed the agreement with representatives of the respected companies. According to the agreement, the companies will engage in production activities in parks …

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Industrial Parks Development Corporation has signed a contract with investors who have registered an investment of more than 100 million US dollars.

Industrial Parks Development Corporation has signed a contract with investors who have registered an investment of more than 100 million US dollars. According to the information obtained by the corporation, the contract signing ceremony is taking place between the CEO of Industrial Parks Development Corporation Mr. Aklilu Tadese and the investors.

Nation Prepares Logistics Master Plan To Transform Sector

Ethiopia has prepared a logistics master plan intending to transform and build a strong logistics system. A half-day validation workshop on Ethiopia’s Logistics Masterplan Phase I Diagnostic was held today. Speaking at the workshop, hosted by Ethiopian Maritime Authority, State Minister of Transport and Logistics, Denge Boru said logistics is the backbone of all economic …

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Korean Company to Establish Land Information Management System in 4 Cities

Ministry of Urban and Infrastructure and the Korean Wavus Jv Company have signed a contract agreement for the establishment of a Land Information Management System in cities of 4 regional states. Speaking during the contract signing ceremony, Urban and Infrastructure Minister Chaltu Sani said the main aim of the agreement is to bring about change …

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Ethiopia Working to Build Strong, Sustainable Logistics System

A half-day validation workshop on Ethiopia’s Logistics Masterplan Phase I Diagnostic hosted by the Ethiopian Maritime Authority is underway. Speaking at the validation workshop held today, State Minister of Transport and Logistics, Denge Boru said the government is working hard to build a strong and sustainable logistics system. He pointed out that the Masterplan will …

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Launching Of Freighter Services To Casablanca Opens A New Chapter: Group CEO

Launching of freighter services to Casablanca, Morocco, opens a new chapter as it is Ethiopian Airlines’ maiden venture into the Maghreb region as part of its global freighter network, Ethiopian Airlines Group CEO, Mr. Mesfin Tasew said. Ethiopian Cargo & Logistics Services confirmed that it has finalized preparations to launch freighter services to Casablanca, Morocco, …

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Ambassador Lauds Companies From Hubei Province Of China For Fruitful Investments In Ethiopia

at the first conference of the “Hubei Province “Go Global” Enterprise Strategic Cooperation Service Alliance” on Monday, Ethiopian Ambassador to China, Tefera Deribew commended significance of such platform in enhancing trade, economic relations between Ethiopia and China. Ambassador Tefera stated that the conference lauded the conference as an ideal platform to enhance the economic relationship …

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