bussines news

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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Addis Ababa, Chongqing City of China Agree to Strengthen Bilateral Relations

Mayor of Addis Ababa City, Adanech Abiebie discussed with the delegation from Chongqing City, China, led by the vice chairman of the People’s Congress, ChinZhao Shiqing. “We had a fruitful meeting with the delegation from Chongqing City, China, led by the vice chairman of the People’s Congress, ChinZhao Shiqing,” the mayor said on X. She …

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It has been announced that foreigners in Ethiopia who do not have legal documents should obtain them within a month.

The Immigration and Nationality Service has urged foreigners living in Ethiopia without legal documents to come to the agency within a month and register for legal documents. The Immigration and Nationality Service, in its announcement, revealed that there are foreigners living in Ethiopia without legal documents, including fake permanent and temporary residence permits, fake passports …

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Ethiopian Launches New Domestic Routes On Forthcoming Festivals In Amhara Region

The Head of the Tourism Bureau of the Amahra Regional State, Tahir Mohammed, announced that Ethiopian Airlines launched new domestic routes in connection with the forthcoming major festivals; Timket (Epiphany) and Genna holidays to be celebrated in the region with unique religious and traditional rituals. Tahir exclusively told FBC that ample preparations have been made …

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Ethiopia signs ‘historic’ port agreement with Somaliland for sea access

The deal on Somaliland‘s Berbera port comes months after Ethiopian Prime Minister Abiy Ahmed said his country, Africa’s second most populous, would assert its right to access the Red Sea, sparking concerns among its neighbours. On the southern coast of the Gulf of Aden, Berbera offers an African base at the gateway to the Red Sea and further north …

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Ethiopian Airlines Announces Discounted Fare For Second-Generation Diaspora

Ethiopian Airlines, following Prime Minister Abiy Ahmed’s invitation, has reduced the price of plane tickets and hotel accommodation for those second-generation diaspora coming home. The premier called on the second-generation members of the diaspora to come to Ethiopia in three rounds last week while inaugurating the Chebera Elephant Paw Lodge. Following the call, a main …

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Deloitte Bets Big on Ethiopia’s Tourism, Finance, and Energy Trio in 2024 

Despite ongoing economic turbulence, East Africa Macroeconomic Outlook, Volume IV by Deloitte, paints a cautiously optimistic picture for the region. At a closer look at Ethiopia, although inflation remains a significant concern, projected at 30.8% in 2023, the report highlights promising signs of progress.   The overall economy is expected to expand by 6.0% this year, followed by further growth of 6.2% in …

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French Dev’t Agency Reaffirms Commitment to Strengthen Partnership with Ethiopia

The French Development Agency (AFD) has reaffirmed its dedication to strengthening its comprehensive development collaboration with the Ethiopian government. Minister of Planning and Development, Fitsum Assefa, and State Minister, Nemera Gebeyehu exchanged views with the Director of AFD for Ethiopia, Louis Anthony Sochet on the ongoing collaboration. On the occasion Fitsum, highlighting the enduring cooperative …

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