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The 5th Ethio Chamber International Trade Fair will be launched this week according to the Ethiopian Chamber of Commerce and Sectoral Associations.  The fair will be held under theme ‘‘Buy Ethiopian.”

The event is expected to help promote local goods and to encourage experience sharing according  to Gashaw Debebe, Secretary-General of Ethiopian Chamber of Commerce and Sectoral Associations.

Domestic producers can become more competitive in the global market. He said it will also contribute to import substitutions as well added Gashaw.

The Ethiopian Ministry of Agriculture is to provide 130 thousand hectares of land to Saudi Star Agricultural Development plc pending discussions that are currently underway between the two parties according to Haile Assegide, Chief Executive of Saudi Star sister company Derba MIDROC.

Saudi Star is currently raising rice in Gambella Regional State on 10 thousand hectares that it previously acquired. The company was established by the Ethiopian born Saudi billionaire Sheik Mohammed Ali al Amoudi with an initial capital of half a billion birr.

The company is also in the process of acquiring 300 hectares in Gambella and 200 hecatres in Amhara and Benishangul Regional States according to sources.

Ethiopian Airlines is seeking to establish regional hubs in Southern and central Africa according to Tewolde Gebremariam, Chief Executive of the airline.

The airline management is in the process of holding talks with the governments of Zambia, Tanzania and the Democratic Republic of Congo to assess the possibilities of setting up  regional hubs in these countries.

A delegation from Ethiopia traveled to Zambia last week to hold discussion with officials in Zambia on the possibility of establishing a hub in Lusaka. Ethiopia expects the Zambian capital to become its Southern hub particularly since that nation does not currently have a national flag carrier according to Tewolde.

A conference under the theme of ‘Making the Connection: Value Chains for Transforming Small holder Agriculture’ was held at the UNECA late last week.

The conference hosted by the ACP-EU, Technical Center for Agricultural and Rural Cooperation and the African Economic  Commission was attended by delegates from various countries in Africa, the Caribbean and the Pacific.

The conference was organized to encourage action on the issue of value chain which has been a focus of discussion for a long time with the view of creating connections between resource constrained farmers and large corporations said Micheal Hailu, Director of the CTA.