Alibaba to Open E-World Trade Platform in Ethiopia
Alibaba Group, the Chinese e-commerce giant, signed a memorandum of understanding (MoU) with Ethiopia, following the visit of its chairman Jack Ma in Ethiopia. The MoU is for Alibaba to establish an Electronic World Trade Platform (eWTP) hub in Ethiopia. The hub aims to facilitate cross-border trade, provide smart logistics and fulfillment services, assist Ethiopian small and micro enterprises (SMEs) reach global markets by providing smart logistics and services, and provide talent training.
The Commercial Bank of Ethiopia (CBE) opened three new branches that give full-fledged interest-free banking services.
The 2019 Ethiopian International Mining Conference and Exhibition (EIMC 2019) is underway in Addis Ababa, Ethiopia. The two-day event which started yesterday (25th November), is on its second edition this year and will be concluded today.
Radisson Hotel Group announced it will open its first own-branded hotel in Ethiopia, in the city of Bahir Dar, in mid-2021.
