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Ethiopian Airlines, the fastest growing carrier in Africa, said it’s planning to add a hub in the Democratic Republic of Congo to secure transfer traffic amid growing competition from Middle Eastern operators.

“We’re planning to cover the continent,” Chief Executive Officer of Ethiopian Tewolde GebreMariam said in an interview, where he was attending the International Air Transport Association annual meeting. Add a comment Add a comment

The Ethiopian Minerals Development Enterprise S.C. has shelved it construction material plant project proposed in the Afar Regional State due to lack of finance.

The Ethiopian Privatization and Public Enterprises Agency (PPESA) passed its decision to suspend the project as the enterprise is planning to build a tantalum manufacturing plant at the Kenticha tantalum mine and it would be difficult to undergo the two projects together. Add a comment Add a comment

Huajian, one of the largest shoe exporters in China, is planning a multi-million-dollar factory expansion in Ethiopia  to benefit from preferential trade tariffs and lower labor costs.

The company, which makes women shoes for global brands such as, Tommy Hilfiger, Guess, Naturalizer, Clarkes and others opened its factory at a purpose-built industrial zone on the outskirts of Addis Ababa a year ago. Add a comment Add a comment

An aquaculture workshop organised by Wageningen UR, a Dutch university and the Food and Agriculture Organisation of the United Nations (FAO) in Addis Ababa has established a multi-stakeholder platform aimed at developing aquaculture in Ethiopia.

IMARES and LEI, both part of Wageningen UR, will provide technical and economic knowledge and market intelligence. Add a comment Add a comment