bussines news

China’s Kun Huang Industrial Co. Ltd disclosed that it is planning to set up a household and sanitary appliances manufacturing plant in Ethiopia, according to the Ethiopian Investment Commission (EIC). The Kun Huang Group’s keen interest was revealed during a meeting between the EIC leadership and the Group’s owners and their delegation. During the discussion, …

China’s Kun Huang Group Eyes An $80mln Investment In Ethiopia Read More »

Speaker of the House of Peoples Representatives of Ethiopia, Tagesse Chaffo received a delegation of the Chinese National Academy of Governance led by Professor Gong Weibin. On the occasion, Professor Gong Weibin affirmed the commitment of the National Academy of Governance of China to share its experiences with Ethiopian higher institutions in the fields of …

Chinese Academy Of Governance Commits Technical Assistance To Ethiopia Read More »

Ethiopian Cargo and Logistics Services is set to put into operation an e-commerce cargo center, Ethiopian Airlines Group CEO, Mr. Mesfin Tassew said. The Cargo and Logistics Services constitute about 35 percent of the Ethiopian Airlines Group’s total revenues, Mesfin disclosed. The group CEO said that Ethiopian currently has 16 fully dedicated cargo freighter aircraft …

Ethiopian To Launch E-Commerce Cargo Facility Next Month: Group CEO Read More »

 Ethiopian Shipping and Logistics (ESL) announced that it has earned more than 13 billion birr in the first quarter of the current Ethiopian fiscal year. ESL confirmed that it transported some 971 thousand 438 tons of import cargo and more than 200 thousand tons of export cargo by sea during the quarter. It was also …

ESL Pockets Over 13 Billion ETB In First Quarter Read More »

The Ethiopian Youth Entrepreneurs Association (EYEA) and Ethiopia-China Friendship & Cooperation Committee signed a Memorandum of Understanding (MoU) on Thursday in Beijing, the Ethiopian Embassy in the Chinese capital confirmed. Ethiopian Ambassador to China, Tefera Derbew, in his speech at the signing ceremony, appreciated the young entrepreneur and president of EYEA, Ms. Samya Abdulkadir, and …

Ethiopia-China Cooperation Committee, EYEA Ink MOU Read More »

 The World Bank and the Government of Ethiopia completed a Joint Country Portfolio Performance Review (CPPR) on Thursday, the Ministry of Finance (MoF) announced in an official press release. The Ministry indicated that the CPPR aimed to assess the progress of the ongoing projects supported by the World Bank, identify implementation challenges, and address issues …

Gov’t Of Ethiopia, World Bank Conclude Joint Country Portfolio Performance Review Read More »