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Ethiopia: Ethiopian to Start Flying to Tokyo

Details
Published on 12 January 2015
Category: Latest Business Alerts

Ethiopian Airlines disclosed it has finalized preparations to commence flying to Tokyo Narita International Airport on Sunday, April 20, 2015. The airline is going to render the service in codeshare partnership with All Nippon Airways, which is a Star Alliance member just like Ethiopian.

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Ethiopia: Ethiopian Expanded Its Codeshare Agreement with Air India

Details
Published on 12 January 2015
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines expanded its codeshare agreement ambit with India’s national carrier, Air India, in order to include service that enables customers traveling from and to India and Africa to enjoy seamless and unparalleled connectivity options between domestic Indian points and African destinations.

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Ethiopia Earned USD 81.81 Million from the Export of Live Animals

Details
Published on 12 January 2015
Category: Latest Business Alerts

Ministry of Trade (MoT) announced Ethiopia earned USD 81.81 Million from the export of live animals during the first six months of the current fiscal year.

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Ethiopia: Expansion Work on Transformer Manufacturing Plant 95 Percent Complete

Details
Published on 09 January 2015
Category: Latest Business Alerts

Expansion work being carried out on transformer manufacturing plant which is owned by Ethiopian Power Engineering Industry (EPEI) has reached 95 percent completion rate.

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Ethiopia: Blended Benzene to Be Sold for 18.73 Birr in Addis

Details
Published on 09 January 2015
Category: Latest Business Alerts

Ministry of Trade announced the retail price for a liter of ethanol blended benzene in Addis Ababa is going be 18.73 Birr from Friday, January 9, 2015 to Sunday, February 8, 2015.

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Bahrain Company to Supply Diesel and Benzene for Ethiopia

Details
Published on 09 January 2015
Category: Latest Business Alerts

Vitol CMYKEthiopian Petroleum Supply Enterprise disclosed Vitol Bahrain is going to start supplying 30 percent of Ethiopia’s import diesel and benzene from this month on.

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Ethiopia: Private Investment to Be Allowed in Multimodal Transportation

Details
Published on 09 January 2015
Category: Latest Business Alerts

Ethiopian Government is considering to let private investment in the multimodal (land, sea or road) transportation services.

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Ethiopia: Berhan Got a New President

Details
Published on 09 January 2015
Category: Latest Business Alerts

berhanbankBerhan International Bank (BIB) got Abreham Alero as its new President after securing the approval of National Bank of Ethiopia (NBE).

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Ethiopia: 73,000 Houses Will Be Finalized This Year

Details
Published on 09 January 2015
Category: Latest Business Alerts

Addis Ababa City Housing Construction Project Office (AAHCPO) disclosed it will finalize the construction of around 73,000 houses by next year.

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Turkish Bank Proposed to Open Branch in Ethiopia

Details
Published on 06 January 2015
Category: Latest Business Alerts

Turkish state owned agricultural bank, Ziraat Bank, approached the Ethiopian government and tabled its proposal to open a branch here in Ethiopia. However, this is regardless of the strict prohibition of the government foreign nationals and companies owning entering the financial sector.

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