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There are significant trade opportunities between Ethiopia and Ghana said Gifty Abassiya, Ethiopian Ambassador to Ghana.  The business prospects can be translated into mutual benefits for both countries said the Ethiopian Ambassador to the Ghanaian Daily Graphic.

Ethiopian exports such as leather products, flowers, fruits, vegetables and other agricultural products can easily be exported to Ghana through Ethiopian Airways Cargo along well established lines said Gifty.

Ethiopian contractors, Kassa and Sons Consulting were awarded the civil work for Total Ethiopia’s depot at Dukem. Total Ethiopia is expected to put out further tenders for mechanical and electrical work.  

Kassa and Sons secured the contract after a limited invitation made to eight companies to present engineering estimates along with proof of having the necessary equipment and personnel to realize the design for the depot executed by Ultimate Plan plc.

Ethiopia has entered into loan agreements adding up to more than 1 billion US dollars in the last few months according to Hailemariam Desalegn Foreign Minister and Deputy Prime Minister of Ethiopia.

The loan agreements Ethiopia signed include arrangements with China for 612 million US dollars, with the United States for 52 million US dollars, with Saudi Arabia for 25 million US dollars, with the World Bank for 210 million US dollars and 1.4 million US dollars from the Czech Republic.

Ethiopia earned an estimated 1.1 billion US dollars from the export of various items over the past five months announced the Ethiopian Ministry of Trade.The revenue earned from exports, in Ethiopia, is 227.5 million US dollars higher than the same period last financial year said Amakele Yemam Public Relations Director for the Ministry of Trade.

During this period, Ethiopia, exported no less than 35 types of agricultural produce and industrial products to about 120 countries across the globe according to Amakele.