Latest Business Alerts

Ethiopia Negotiating with Walmart

Ethiopia is in the process of negotiations with multinational retailer Walmart to facilitate the entry of the corporation in the Ethiopian market.

A delegation sent by the Ethiopian government met with officials from the US based corporation last week according to sources.

The Ethiopian government is considering the move to invite Walmart as part of ongoing efforts to curb the surge of commodity prices.

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Ethiopian Airlines to Fly to Benin

Ethiopian Airlines, Ethiopia’s flag carrier, has announced plans to fly to the Republic of Benin beginning on the 15th of June.

Ethiopian will operate non stop flights between Addis Ababa and the economic capital of Benin, Cotonou every Monday, Wednesday, and Friday, with return flights from Cotonou to Addis Ababa scheduled for Tuesdays Thursdays and Saturdays.

Ethiopian offers accessible and convenient contact between Eastern-Western parts of Africa as well as between destinations in the North and South of the continent through its strategically located hub in Addis Ababa according to Tewolde Gebremariam, Chief Executive Officer of the airline.

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Representatives of London Chamber to visit Ethiopia

A delegation from the London Chamber of Commerce and Industry is expected to visit Ethiopia between the 26th and 28th of March according to the British Embassy in Ethiopia.

The delegation will be meeting with representatives from the local business community to assess opportunities for collaboration explained the press release sent out by the Embassy.

The delegation from England will consist of 17 business people who plan to promote various products and services.

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World Economic Forum to Be Held in Ethiopia

The annual World Economic Forum will be held in Ethiopia in May. The forum is expected to be attended by 1000 influential world leaders according to Precise Consulting International, organizers.

The forum will create a unique opportunity for Ethiopian business people to engage with global multi national corporations and international investors said Henock Assefa, Manging Partner of Precise.

The forum will be attended by 400 senior business executives and senior government officials and Ethiopian business people can best take advantage of the opportunity by doing their homework and attending with short pitches to address the influential international business representatives in attendance explained Henock.

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Ethiopian Airlines to Sign Postal Service Agreement with South Sudan

Ethiopian Airlines, Ethiopia’s flag carrier, along side Kenyan Airlines is to sign an agreement South Sudan to provide postal services according to an official source.

The contracts with Ethiopian and Kenyan airlines will be signed in the near future according to Juma Stephen, Under-Secretary with the South Sudanese Ministry of Telecommunications and Postal Services.

The templates for the contracts are already in place and the signing can happen in a month’s time he said.

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