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Zemen Development and Management Institute, Ethiopia is to graduate its first batch of candidates for the Master of Business Administration and candidates for the International Diploma in Project Management in November.

The programs were offered in a joint effort between ZDMI and Cambridge International College and Castle College in the UK.

The MBA program is a two year program of full time study but students are allowed to extend the time required to up to three years if necessary.

The 2nd African Trade Forum was held in Ethiopia under the theme of ‘“build on the political expression of support for the continental trade agenda and mobilize broad-based support for actualizing this vision.”

Agriculture and natural resources are significant points of departure in constructing regional value chains and proper management according to Carlos Lopes, Under Secretary-General and Executive Secretary of the UNECA.

The forum concentrated on boosting intra-African trade and means of establishing Continental Free Trade Area agreements to develop the continents capacity for production and enhance industrial performance.

The Ethiopian Shipping and Logistics Services Enterprise is to take charge of two tanker ships in October according to sources.

The ELSE ordered the two tankers along with seven multi-purpose ships in deals that total 293.5 million US dollars. 80 percent of the financing for the acquisition of the ships was covered by the Export-Import Bank of China.

The two tankers cost 37 million US dollars each while the 28 thousand ton multi-purpose ship where each purchased for 32.5 million US dollars according to sources.

Indonesia is interested in increasing ties with Ethiopia in a range of investment sectors. The strong and friendly ties between the two countries can serve as basis of increasing economic ties in spite of the poor global economic situation said Ramli Saud,

Indonesian Ambassador to Ethiopia speaking at the event held to commemorate the 67th Independence of the country held at the Ambassadorial residence.

The relationship between the two countries is based on three pillars that of government to government, business to business and people to people he said.