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Ethio-Engineering Group (EEG) and China Railway Rolling S.C. recently held discussions regarding the potential for producing electric buses in Ethiopia. The two parties reached a mutual understanding to establish an electric bus factory in the country.

Participants from various sectors, including Ethiopian coffee exporters, farmers, and roasters, took part in the 2023 Oregon, Portland Specialty Coffee Expo. The Ethiopian Coffee Association, in collaboration with officials from the Ministry of Agriculture and the Ethiopian Coffee and Tea Authority, opened a specialty coffee exhibition booth at the event which attracted thousands of coffee buyers, roasters, technology companies, and other industry professionals who expressed a strong interest in establishing lasting partnerships.

The Ethiopian Investment Commission (EIC) signed investment agreements worth over USD 1.6 billion with various foreign companies during the International Investment Forum – Invest Ethiopia 2023 – which was held for three days under the theme “Invest and Grow in Ethiopia”.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 28 April 2023.

Ethiopia gained USD 907.56 million in nine months by exporting more than 169 thousand tons of coffee, tea, and spices. Germany, Saudi Arabia, the United State, Kenya, the United Kingdom, China, and India were the major export destinations.

Ethiopian Embassy in Islamabad announced that Ethiopia-Pakistan Business Forum would be held in Karachi during the second week of May. The forum has a goal of enhancing bilateral trade between Ethiopia and Pakistan.

British earthmoving construction firm PW Mining and Australian process plant construction company Lycopodium, have signed the Final Umbrella Agreement with Tulu Kapi Gold Mines (TKGM), a gold and copper exploration and development company. The companies need to finalize all arrangements in the community before starting construction and gold production. The two companies have hired British and Australian contractors that specialize in mining.

Here is the daily commodity trade data from Ethiopia Commodity Exchange (ECX) for items traded on 27 April 2023.

With a goal of increasing the island nation’s visibility as a tourist destination, Ethiopian Airlines is planning to add a second daily flight to Seychelles. Kassahun Terefe, the new local head of the airline, recently met with Seychelles' Principal Secretary for Tourism, Sherin Francis, and the Director General for Destination Marketing, Bernadette Willemin, and discussed ways to increase the visibility of Seychelles and boost sales for Ethiopian Airlines.

Invest Ethiopia, an annual investment forum, was kicked off yesterday at Skylight Hotel in Addis Ababa under the theme “Invest and Grow in Ethiopia – The Land of Attractive Investment Opportunities”.