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Ethiopia and Kenya Signed Oil Pipeline Deal

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Published on 29 June 2016
Category: Latest Business Alerts

During his visit to Kenya, Ethiopia’s Prime Minister, Hailemariam Dessalegn, concluded an oil pipeline deal with Kenya’s President, Uhuru Kenyatta. The deal is for the construction of crude pipeline from Lamu, a coastal town in Kenya, to Ethiopia’s capital, Addis Ababa.

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Ethiopia: Ethiopian Broke Guinness World Record

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Published on 29 June 2016
Category: Latest Business Alerts

Ethiopian AirlinesHere is another remarkable event at Ethiopian; the fastest growing and the leading pan-African Airline has broken a Guinness World Record for making the largest ever human image of an Airplane on June 29, 2016.

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Ethiopia: 223 Containers at Modjo Confiscated

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Published on 29 June 2016
Category: Latest Business Alerts

Following the call made by Ethiopian Revenues and Customs Authority (ERCA) a month ago, Modjo Dry Port confiscated 223 containers. ERCA made the call for 823 containers owned by importers and gave them a 4 days window. 600 containers were removed leaving 223 containers to be confiscated by ERCA.

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Ethiopia: Daily Flights between Addis and Muscat to Commence

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Published on 29 June 2016
Category: Latest Business Alerts

Ethiopian AirlinesEthiopia’s flag carrier, Ethiopia Airlines, disclosed it would start daily flights between Addis Ababa and Muscat, Oman. The service will launch on July 1, 2016.

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European Investment Bank to Open Office in Ethiopia

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Published on 28 June 2016
Category: Latest Business Alerts

European Investment Bank (EIB) concluded an agreement with Ethiopia for the establishment of a country in Addis Ababa.

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Ethiopia: Ethiopian Airlines Receives the 1st Airbus in Africa

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Published on 28 June 2016
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines, the fastest growing and the largest African airline, stands as 1st Airline in Africa to take delivery of Airbus A350XWB on 28 June, 2016, in Toulouse, France.

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METEC Built Manufacturing Workshops Across Ethiopia

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Published on 28 June 2016
Category: Latest Business Alerts

Metals and Engineering Corporation (METEC) disclosed it built more than 75 manufacturing workshops all over Ethiopia.

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Ethiopia: Draft Bill to Put an End to Minimum Capital

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Published on 28 June 2016
Category: Latest Business Alerts

Businesses in Ethiopia will no longer be required to present minimum capital statements in order to be registered, if a proclamation to amend the Commercial Registration and Business Licensing Proclamation is approved by the federal legislature, House of Peoples Representative (HPR).

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Unilever Opened Factory in Ethiopia

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Published on 25 June 2016
Category: Latest Business Alerts

The England based consumer products manufacturer, Unilever, has opened its factory in Ethiopia. The factory is said to be located in Easter Industry Zone, Dukem.

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Ethiopia: Addis Ababa to Have Bike Taxi Service

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Published on 25 June 2016
Category: Latest Business Alerts

Ethiopia’s capital, Addis Ababa, will receive its first bike taxi service by next month. Such was disclosed by the city’s transport coordination office.

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