bussines news

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 »

Ethiopia will host the 20th African Fine Coffees Conference and Exhibition and the first African Coffee Week from February 5th to 9th, 2024 in Addis Ababa. The conference and African Coffee Week are organized by 3 African organizations, it was learned. Briefing the media, Ethiopian Coffee and Tea Authority Deputy Director-General Shafi Umer said coffee …

Ethiopia To Host First African Coffee Week, 20th African Fine Coffee Conference Read More »

The Group 77+ China Summit aimed at ensuring technology works for all humanity and accelerating Sustainable Development was concluded on Saturday. Deputy Prime Minister and Foreign Minister Demeke Mekonnen participated at the Heads of State and Government Summit of the Group of 77 + China that took place in Cuba from 15 to 16 September …

The 2023 G77+China Summit Concludes Read More »

Ethiopian Investment Commission (EIC) reassured commitment to providing necessary support to strengthen Chinese investments in Ethiopia. The commitment was reaffirmed during a discussion between the Deputy Commissioner of the Ethiopian Investment Commission (EIC) Mr. Daniel Terresa and the Vice President of the China-Africa Development Fund (CADFund), Mr. Lou Wenjian. According to EIC, the meeting focused …

EIC Reiterates Commitment To Supporting Chinese Investments In Ethiopia Read More »

The National Bank of Ethiopia has enacted the Offshore Account Opening and Operations for Strategic Foreign Direct Investment (FDI) Projects directive to allow certain strategic investment projects preferential treatment to Open Offshore accounts, to provide convertibility guarantees, and to benefit from an increased debt-to-equity ratio. The preferential treatment will only extend to eligible PPP investments …

NBE gives the go-ahead for strategic FDI’s to open offshore accounts Read More »

Ethiopia is actively participating in the International Specialty Coffee Fair taking place in Doha, Qatar. The event spans three days, including today. Faisal Ali, Ethiopia’s Special Envoy, and Ambassador Plenipotentiary to Qatar, expressed the significance of the fair as a valuable platform for direct connections between coffee producers and buyers. He highlighted the opportunity for …

Ethiopia Participates in Qatar’s Coffee Expo Read More »