Ethiopia-Sudan Business Forum Underway in Addis Ababa
Ethiopia-Sudan Business Forum, aimed at reinforcing business relations between the two countries, is underway in Addis Ababa. The two-day forum, which started yesterday, will conclude today.
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The Ethiopian Investment Commission (EIC) signed memoranda of understanding (MoUs) with four Chinese companies on the margins of the Belt and Road Forum (BRF) in Beijing, China.
Ethiopia and China signed a $1.8 billion investment agreement. The agreement covers provision of electric power transmission and distribution lines. The signing of the agreement came following Ethiopian Prime Minister Abiy Ahmed meeting officials of State Grid Corporation of China in Beijing. On Ethiopia's part, Ahmed Shide, Minister of Finance and Economic Cooperation inked the agreement.
Ethiopian Airlines announced that it has finalized all preparations to launch a thrice weekly flight to Marseille, France as of July 02, 2019.
