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Ethiopia’s Coffee Export Volume to Hit Record High

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Published on 24 June 2016
Category: Latest Business Alerts

Ministry of Trade (MoT) disclosed Ethiopia might reach a record high volume of annual coffee export by the end of the current fiscal year. During the past 11 month Ethiopia exported 174,000 tons of coffee, which is 96 percent of the intended 180,000 tons.

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African Road Maintenance Fund Association to Open Office in Ethiopia

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Published on 24 June 2016
Category: Latest Business Alerts

Ethiopia has signed an agreement with African Road Maintenance Fund Association (ARMFA) enabling the later to open a regional office in Addis Ababa.

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Ethiopia: Ethiopian to Fly to New York from Nigeria

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Published on 24 June 2016
Category: Latest Business Alerts

Ethiopia’s flag carrier, Ethiopian Airlines, disclosed it will start to fly to New York from Enugu, Nigeria, 3 days a week.

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Ethiopia: 2,415 SMEs to Be Awarded

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Published on 22 June 2016
Category: Latest Business Alerts

2,415 small and micro enterprises (SMEs) found in Ethiopia are to be awarded by the Federal Job Opportunity and Urban Food Security Agency.

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Ethiopia: ERA to Inaugurate 5 Roads

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Published on 22 June 2016
Category: Latest Business Alerts

Ethiopian Roads Authority (ERA) disclosed it will inaugurate roads it built at an outlay of over 10 million Birr. The roads are found in states of Amhara and Oromia and they will be inaugurated this week.

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Ethiopia: Chines Firm to Develop Wind Farm in Aisha

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Published on 22 June 2016
Category: Latest Business Alerts

The Chinese electric company, Dongfang Electric Corporation Limited (DECL), concluded an agreement with Ethiopian Electric Power Utility (EEPU) for the development of wind farm in Aisha area of Somali State, Ethiopia.

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Ethiopia: Sebeta-Mieso-Dewele to Start Service in 3 Months

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Published on 20 June 2016
Category: Latest Business Alerts

Ethiopian Railway Corporation (ERC) CEO, Getachew Betru (Dr. Engineer) disclosed the Sebeta-Mieso-Dewele railway line will commence operation by September 2016. According to him the railway that will ultimately link Ethiopia with Djibouti is now 95 percent complete.

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Ethiopia: Ethiopian to Order 10 to 15 Regional Jets

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Published on 20 June 2016
Category: Latest Business Alerts

Ethiopian AirlinesEthiopia’s flag carrier Ethiopian Airlines is set to order 10 to 15 regional jets that will deploy on short haul flights.

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Ethiopia: Draft Bill Gives ERCA More Power

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Published on 20 June 2016
Category: Latest Business Alerts

Ethiopia’s draft income tax proclamation is said to equip Ethiopian Revenue and Customs Authority (ERCA) with significant powers. The powers are said to be given to the Authority in the aim of expanding its tax collection power.

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Ethiopia: Ethiopian Dubbed New Airbus The Simien Mountains

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Published on 18 June 2016
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines, the leading airline in connecting Africa with the rest of the World, continued its aviation technology leadership with yet another first African Airbus A350 XWB. In its successful 70 years of history, Ethiopian has so many firsts in African aviation industry. The A-350 XWB will be the first airbus aircraft in Ethiopian fleet and the first of its kind in Africa.

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