Chinese firm begins drilling 6th petroleum, natural gas well in Ethiopian...
A Chinese firm, Poly-GCL, began drilling the 6th petroleum and natural gas well at Hilal- 7 gas field in Ethiopian Somali regional state. Poly-GCL, one of the companies engaged in natural gas...
View ArticleEthiopia to host International sugar organization summit
The International Sugar Organization plays a pivotal role in the market of sugar at the international level. The International Sugar Organization (ISO) had recently nominated Ethiopia to host the...
View ArticleEthiopia to host African fine coffee conference
The 15th African Fine Coffee Association annual conference and exhibition to be held here from February 15-17, 2017. Briefing journalists in connection with the event, Trade State Minister Ayana Zewdie...
View ArticleFive month export trade generates $1 billion
Ethiopia has secured over one billion US dollars from foreign trade during the first five months of the current fiscal year, the Ministry of Trade announced. The plan was to secure 1.7 billion US...
View ArticleEthiopia to host 5th edition of Africa Business Forum
The 5th edition of the Africa Business Forum will be held for the second time in Ethiopia on the 1st of March 2017 in Sheraton Addis Hotel. Prior to the conference, the Africa Business Forum B2B...
View ArticleAuthority working to ensure fair trade system
Trade Competition and Consumer Protection Authority Director General Merkebu Zeleke (Photo Authority) Strengthening consumer bargaining power and securing fair trade practices would help ensure...
View ArticleEthiopia bids to host 2018 World Economic Forum on Africa
Ethiopia officially bids to host the 2018 World Economic Forum (WEF) on Africa. Prime Minister Hailemariam Desalegn held discussion with Professor Klaus Schwab, Founder and Executive Chairman of the...
View ArticleAuthority to launch electronic coffee trading in three towns
Ethiopian Coffee and Tea Marketing Development Authority is set to start electronic coffee trading in three towns as of the end of this Ethiopian fiscal year. Preparations are underway to launch the...
View ArticleEthiopia considering partial privatization for Shipping Enterprise
During his latest press conference Prime Minister Hailemariam Desalegn confirmed that his government is in the process of selling shares of the Ethiopian Shipping and Logistics Services Enterprise...
View ArticleGermany-Africa Business Forum to strengthen trade, investment ties
This year, Germany will host the first ever privately held event exclusively dedicated to strengthening trade and investment ties between Germany and the African continent. The Germany-Africa Business...
View ArticleAwash-Kombolcha railway line to start test run in August
Awash-Kombolcha segment of the Awash-Kombolch-Woldia electrified railway line project will start a test run in August. The construction of Awash-Kombolch-Woldia, the line which represents an extension...
View ArticleChinese Governor Held Talks with Ethiopian Officials
A delegation led by the governor of Guangdong Province Zhu Xiao Dan has met with top government officials. The companies who accompanied the governor have agreed to invest in the Huajian Group Industry...
View ArticleMETEC finalizing two radial gates for GERD
Metals and Engineering Corporation (METEC) said it is finalizing the manufacturing of two radial gates for the Grand Ethiopian Renaissance Dam (GERD). The radial gates, each with 137 tons of weight,...
View ArticleTwo tunnels holed through on Mekelle-Woldia railway project
Of the 8 tunnels being drilled on the Mekelle-Woldia/ Hara Gebeya railway project, 2km-long two tunnels have been holed through, said Gebremedhin Gebrealif, head of the project. The 3.6 km long Myselfi...
View ArticleOn the Path to Industrialization
Gov’t awards 3 industrial parks construction projects to Chinese firms The Ethiopian Industrial Parks Development Corporation (IPDC) awarded the construction of three industrial parks in Addis Ababa...
View ArticleJapanese business delegation keen to invest in Ethiopia
State Minister of Foreign Affairs, Dr. Aklilu Hailemichael met with Japanese Business Delegation led by Yoshiaki Kobayashi, Honorary Consul of Ethiopia in Osaka, Japan on January 25, 2017. State...
View Article30th ordinary session of AU Executive Council opens in Addis Ababa
The 30th ordinary session of the African Union (AU) Executive Council opened in Addis Ababa, Ethiopia, on January 25, 2017. The session was officially opened with a remark by Chairperson of the African...
View ArticleRoad projects expanding, Authority awards billions
Six new roads are in the works in the Southern Nation Nationalities & Peoples’ regional state, Somali regional state, Oromia regional state and Benishangul Gumuz regional state. The projects were...
View ArticleLocal shoemakers lure major global sourcing brands
Having received positive nods from major global brands in the footwear industry, local shoemakers are propping up business relationships with renowned international brands that are eyeing to source...
View ArticleEthiopia 5th largest investor in renewable energy in Africa
Ethiopia is the 5th largest investor in renewable energy at 100 million US dollars, according to the Renewable, Global Status Report. South Africa leads in renewable energy investment followed by...
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