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Ethiopian Ministries Requests Major Businesses to Use Desired Mode of Transport

The Ethiopian Ministries of Industry and Transport requested that the Ethiopian Shipping and Logistics Enterprise and the National Bank allow 164 businesses to use desired mode of transport following challenges faced in the newly established multimodal transportation system according to sources.

The Ministry of Transport requested the National Bank of Ethiopia to exempt significant industries from the application of the multimodal system and to allow them to choose their own alternative transport according to a letter sent to the bank by Diriba Kuma, Minister of Transport.

The ministry of industry sent a similar correspondence to the CEO of the ELSE, Ahmed Tusa requesting 13 manufacturing industries to be exempt from the system.

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Ethiopian Airlines Bids for Stake in Air Malawi

Ethiopian Airlines has put in a bid to acquire shares in Air Malawi in response from a recent request for expressions of interest for partial acquisition put out by the Government of Malawi.

Companies interested in the offer were to submit their proposals to the Malawi Privatization Authority had explained Patrick E. Chilambe, CEO of Air Malawi speaking at  44th General Assembly of the African Airlines Association, held in Johannesburg last week.

The government of Malawi expects to establish a consortium with the new parties acquiring a 49 percent stake while it retains a 51 percent interest.

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Ethiopia Earns $39 Million from Conference Tourism

Ethiopia earned more than 39 million US dollars from conference tourism in the past financial year announced the Ministry of Culture and Tourism.

The revenue was earned from regional, continental and international conferences hosted by the country over the course of the year according to Awoke Tenaw, Director of the Public Relations Directorate of the ministry.

An estimated 49,685 participants attended conferences held in Ethiopia with most held in the capital said Awoke.

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ESLE to Restructure

The Ethiopian Shipping and Logistics Enterprise is planning to implement a restructure to split is services into four divisions following its recent amalgamation according to sources.

The restructure is in the process of implementation in the dry port, transport and shipping sectors said sources within the enterprise.

The four divisions that the new structure will implement will include logistics, shipping, terminal and supportive in a bid to speed up the services offered by the enterprise. It is expected that management for the logistics and terminal divisions will be externally appointed while the other two divisions, shipping and supportive will be handled by existing staff said sources.

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Ethiopia to Host Second Conference on Pulses, Oilseeds and Spices

Ethiopia is to host the second International Conference on Pulses, Oilseeds and Spices, in Addis Ababa from the 28th to the 29th of November according to sources.

The conference will be held under the theme: ‘Agri-Commodity Trade: Challenges & Opportunities’. It is expected that more than 150 domestic exporters and over 100 notable international buyers will attend the conference.

The conference will be organized through the collaborative efforts of the Ethiopian Pulses, Oilseeds and Spices Processors-Exporters Association and the Ethiopian Ministry of trade. It is aimed that the conference will offer participants to identify trade opportunities, to network and to make deals towards developing the sector further.

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