Addis Ababa – Djibouti railway line, which will connect Ethiopia with Djibouti, is said to commence trial service by the first week of October. The railway will connect the landlocked Ethiopia with Port Djibouti.
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As part of its quest to make economic inroads in investment in Africa, the Dubai Chamber of Commerce and Industry has embarked on a four-day trade mission to Nairobi and Addis Ababa to highlight its strategy for the continent.
Belayab Motors PLC, one of Ethiopia’s leading vehicle assembly companies, has announced that it has signed a local assembly partnership agreement with KIA Motors Corporation (KMC), world’s fastest-growing car manufacturing company.
Add a comment Add a commentRemittance service launched with CBE signals evolution of Ethiopian payment ecosystem
Addis Ababa, Ethiopia – September 21, 2016 – HomeSend and the Commercial Bank of Ethiopia (CBE) today announced a new remittance service at the US-Africa Business Forum, that will allow more than 100 million Ethiopians to send funds directly to any mobile number in the East African country.
Ethiopian Sugar Corporation (ESC) has announced the 2 Omo Kuraz sugar factories are set to commence production by the coming January.
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