Latest Business Alerts

South African Delegation Visits Ethiopia

A business delegation from South Africa visited Ethiopia this month according to Yayheyrad Abate Deputy Director of the Addis Ababa Chamber of Commerce and Sectoral Associations.

The delegation is part of a series of bilateral agreements to enhance relations he said. The areas of agricultural, education, human resources and tourism were discussed as potential areas of cooperation he noted.

The Johannesburg Chamber of Commerce was represented by the delegation along with companies from the construction sector and a supplier of crushing equipment and an agricultural company.

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Hilton Worldwide Contemplating Expansion in Ethiopia

Hilton Worldwide is focusing on the travel and tourism sectors as part of its expansion in Africa said Christopher J. Nasseta, President and Chief Executive of Hilton Worldwide on a visit to Ethiopia.

The CEO held talks on the company’s expansion plans with Prime Minister Hailemariam Desalegn on his first visit to Ethiopia last week.

Hilton has been in operation in Ethiopia for more than 50 years and the arrangement has been mutually beneficial to the hotel chain and to the country noted to Nasseta speaking to journalists after his meeting with the Prime Minister.

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EIAR Inaugurates Quality Research Lab

The Ethiopian Institute of Agricultural Research inaugurated the Agricultural Quality Research Laboratory. The crop testing laboratory is expected to help enhance the quality of national agricultural products to become more competitive on the international market.

The Ministry of Agriculture launched the first agricultural products quality monitoring and testing laboratory to serve as the main national quality monitoring unit for coffee and other agricultural products, about two years ago noted Tefera Deribaw, Minister of Agriculture speaking  at the inauguration ceremony.

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Ethiopian Airlines Takes Charge of First Boeing 777

Ethiopian Airlines took charge of its first B 777 Freighter this week. The airline is the first operator to take charge of and operate the new aircraft on the African Continent.

The B777 Freighter aircraft is unique for its performance in its category of aircraft with notable long-range capability, special capabilities in temperature control for fresh produce and life science materials, exceptional cargo capacity and fuel efficiency according to Tewolde Gebremariam, CEO of Ethiopian Airlines.

The airline intends to deploy this aircraft on longer routes to transport fruits and vegetables and flowers to expand and improve the cargo services it offers as well as supporting the fast growing export sector in the country he said.

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Addis Ababa to Host CODATU Conference

Addis Ababa, Ethiopia is to host the 15th Cooperation for urban Mobility in the Developing World Conference. The conference will be held from the 22-26th of October under the theme of ‘Urban Mobility for (Re) Shaping Cities’ according to the organizing committee.

The conference is intended to facilitate the exchange of ideas on policy, research and coordinated transport management explained Bedilu Assefa, Chairperson of the organizing committee.

The conference will also create an opportunity to learn from the best practices of different countries and promote unexploited investment opportunities in Ethiopia and create trade links in line with national development goals he said.

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