Latest Business Alerts

Ethiopian Chamber Elects Female President

The Ethiopian Chamber of Commerce and Sectorial Association elected Mulu Solomon as president on the 17th of December. Mulu was elected as head of the chamber in Ethiopia after acquiring 112 votes out of a possible of 187.

Mulu was nominated as a presidential candidate for the ECCSA by the 7th General Assembly of the Addis Ababa Chamber of Commerce and Sectorial Association held last week.

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Total Ethiopia Inaugurates First Solar Powered Station

Total Ethiopia inaugurated its first solar powered fuel station in Ethiopia on the 17th of December. The fuel station, found in Afar Regional Station, Djibouti Corridor, was refurbished for solar power use.

Total has been testing the fuel station after completing the outfitting of the fuel station for solar use. Tenesol, a subsidiary of the Total Group was charged with supplying the photovoltaic technology. The project was finalized by local partner, Vera International Business plc, at a cost of an estimated 1 million birr.

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Ethiopia to Develop Fish Industry

The Ministry of Agriculture plans to promote Ethiopia’s fish industry on the international market. Establishing a commercial aquaculture will require focused research and development, increased partnerships between hatcheries, feed suppliers, producers and researchers as well as more significant investment by the private sector said Dr. Harrison Charo-Karisa Director of the National Aquaculture Research Development Training Center.

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Addis Ababa, Ethiopia, Trade Chamber Re-elects President

The Addis Ababa  Chamber of Commerce and Sectoral Associations, the powerful trade chamber in Ethiopia, re-elected Ayalew Zegeye as President of the Board of Directors. Vice President Abebaw Mekonnen was also reelected.

Ayalew Zegeye was re-elected as the only finalist left in the final round. The committee in charge of the nomination process started out with a field of 19 prospective presidential candidates.

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Airbus Promoting A330 to Ethiopia's Flag Carrier

A team from Airbus led by Mr. Francois Cognard, Vice President for sales, Middle East and North Africa, said to be promoting the Airbus A330 aircraft to Ethiopian Airlines, the flag carrier of Ethiopia, according to sources.

Aircraft manufacturers hold discussions with carriers as a matter of course said Cognard declining to comment on any ongoing negotiations between Airbus and Ethiopian Airlines.

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