bussines news

 The Ethiopian Embassy in China attended the Global Forum on Soil Health held in Yangling, Shaanxi, China on September 19 and 20. It is noted that the forum brought together about 160 delegates from 32 countries including representatives from the Horn of African countries, international organizations, the private sector, and non-governmental organizations. Focusing on“Soil Health …

Ethiopian Delegation Attends China-HOA Agricultural Cooperation Global Forum Read More »

The National Bank of Ethiopia (NBE) is committed to offering the much-anticipated guarantee of converting local currency funds to hard currencies for foreign investments deemed “strategic.” In its latest directive issued a week ago, the NBE allowed the opening and operation of offshore accounts for strategic foreign direct investment projects, mainly mining and Public-Private Partnership …

Central Bank nods to long-awaited currency convertibility assurance   Read More »

The general director of the organization, Gerd Muller, announced that the United Nations Industrial Development Organization (UNIDO) wants to strengthen its relationship with Ethiopia.The 78th United Nations General Assembly is being held in New York.Deputy Prime Minister and Minister of Foreign Affairs Demeke Mekonon discussed with United Nations Industrial Development Organization (UNIDO) Director General Gerd …

The United Nations Industrial Development Organization wants to strengthen its cooperation with Ethiopia. Read More »

The Ethiopian Embassy in New Delhi has encouraged Indian companies to explore untapped investment potentials of the renewable energy sector in Ethiopia. That was said during a meeting between the Ethiopian Ambassador to India, Demeke Atnafu, and Mr. R.P. Gupta, Chairman and Managing Director of Solar Energy Corporation of India Ltd (SECI). At the meeting, …

Indian Companies Encouraged To Explore Untapped Renewable Energy Sector In Ethiopia Read More »

 Ethiopian Airlines eyes tapping the surging market in China via opening new flights, using Addis Ababa, the capital of Ethiopia, as a gateway to Africa, CEO of Ethiopian Airlines Group, Mesfin Tasew has said. “China is a very important market for Ethiopian Airlines. We have been connecting China with Africa for the last 50 years …

Ethiopian Airlines Eyes Tapping Surging Market In China: CEO Read More »

Addis Ababa, September 18, 2023 – Ethiopia’s export trade has recorded an average growth of 7% in the last 4 years, the Ministry of Planning and Development (MoPD) has stated. Stating that the agriculture sector takes the highest share among export trade areas, the Ministry revealed that coffee, oilseeds, flowers, and chaat are the major …

Export Trade Recorded Average Growth Of 7% In The Past 4 Years In Ethiopia Read More »