Latest Business Alerts

2nd Ethio-German Forum Opens

Konnect, an Ethio-German forum aimed at creating business networking and collaboration between Ethiopia and Germany is being held in Addis Ababa for the second time.

The forum is taking place at the offices of the German Development Cooperation under the motto of "Innovation through Migration".

The two days forum is expected to offer opportunities for both experts and companies to create links and promote collaboration to enhance the transfer of technology said Kokebe Haile-Gabriel, Coordinator of the Migration and Diaspora Program of the CIM.

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MetEC to Train Homeless People


The Ethiopian Metal & Engineering Corporation (MetEC) has announced a four year plan to train 80,000 street people in various fields at an estimated cost of 30 million Birr. The project is expected to reduce the number of homeless adults in Ethiopian streets.

Elshadai Relief and Development Association has taken on the task of recruiting homeless adults from the streets of the country. The local NGO will announce the registration process in all towns through notifications posted around towns where the people targeted are said to live. It is expected that a majority of the recruits will be women.

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Access Survey On Inflation Released

Inflation rates for food items were mixed in the last quarter of the financial year according to a research released by Access Capital.

The inflation on important food items showed some increases compared to the last financial year according to the report. Some improvement however was observed in the price of other food items like cooking oil.

Items that showed a double digit increase in this quarter of the year were teff, table salt, green pepper, and onion while Broccoli showed a 200 percent increment. On the other hand a price decrease was seen on the price of some construction materials like iron, cement, and cables while wood materials have also increased in double digits. 

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DP World to Launch Operations in Ethiopia

DP World is interested in launching operation in Ethiopia to build dry port facility near Addis Ababa and managing logistics with the Ethio-Djibouti corridor according to a senior manager.

Back in October the senior official of DP world, Joost Kruijning, Vice president and managing director for Middle East & Africa, and Hans de Jong, regional commercial director for the same region, were in Addis Ababa to speak with the Ethiopian officials.

They presented their proposal to Ahmed Tusa, managing director of Ethiopian Shipping & Logistics Services Enterprise (ESLSE), and his deputy, Alemu Ambaye.

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Ethiopian Quality Awards Registering for Third National Awards

The Ethiopian Quality Award announced that it has finished its preparations to start the registration of organizations for the third national quality award at the end of the year.

The registration will start in the mid of December 2012 according to Michael Melaku, managing director of EQA.

Manufacturers, constriction companies, service providers, profit making and non-profit making organizations are all invited to compete. EQA has also prepared a self assessment manual for competitors for the first time this year according to the announcement.

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