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Ethiopian CEO Wins Professional Excellence Award in Toronto, Canada

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Published on 08 November 2013
Category: Latest Business Alerts

Ethiopian AirlinesEthiopian Airlines, the fastest growing and most profitable airline in Africa, is pleased to announce that its Chief Executive Officer, Mr. Tewolde Gebremariam, has won the 2013 Planet Africa Professional Excellence Award on 2 November 2013 during a ceremony held at the International Centre in Toronto, Canada.

The award event of 2013 was held under theme “Celebrating the Dream”, in commemoration of the 50th anniversary of the "I have a Dream speech" of the renowned American civil rights leader, Dr. Martin Luther King. His daughter, Dr. Bernice King, delivered a keynote speech and received the Legend Award in recognition of his legacy.

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IMF: Ethiopia's Economy Projected to Grow 7.5%

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Published on 07 November 2013
Category: Latest Business Alerts

imfEthiopia's economy is projected to grow 7.5 percent, the International Monetary Fund (IMF) said yesterday at a press briefing on Regional Economic Outlook of sub-Saharan Africa 2013 and macroeconomic developments and policies in Ethiopia.

IMF Resident Representative Jan Mikkelsen said that in recent years, economic growth in Ethiopia has been robust.

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ITU Launched "Measuring the Information Society 2013" Report in Ethiopia

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Published on 07 November 2013
Category: Latest Business Alerts

ituThe International Telecommunication Union (ITU) launched its "Measuring the Information Society 2013 Report" in Ethiopia yesterday, November 6, 2013.

International Telecommunication Union Regional Office Director Andrew Rugege said, the report provides tangible information and features of the ICT development at international level. It measures the trend of ICT through applying indicators agreed among the member countries.

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3rd International Conference on Pulses, Oil Seeds & Spices to be held in November

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Published on 07 November 2013
Category: Latest Business Alerts

eposepaEthiopian Pulses, Oil seeds and Spices Processors, Exporters Association announced, the 3rd international conference on pulses, oil seeds and spices will be held on November 13, 2013.

The event which is expected to be attended by over 100 international companies is jointly organized by the association and the Ministry of Trade.

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Global Geospatial Data Infrastructure and Africa GIS Conference Opened in Ethipia

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Published on 06 November 2013
Category: Latest Business Alerts

The Global Geospatial Data Infrastructure and Africa GIS Conference opened in Addis Ababa, Ethiopia on Monday.

The theme of the event is titled as "Spatial Enablement in Support of Economic Development and Poverty Reduction".

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Training on Ensuring Aviation Safety in Africa Kicked Off in Ethiopia

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Published on 06 November 2013
Category: Latest Business Alerts

civil-aviationA week long training on ensuring aviation safety in Africa kicked off in Addis Ababa, Ethiopia on Monday, November 4, 2013.

Ethiopian Transport State Minister Getachew Mengiste on the event said, the training plays an important role in ensuring aviation safety in Africa. He said stakeholders in Africa must work in cooperation to address challenges related with aviation safety.

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Ethiopia Reported US$29 Million Earning from Textile Export in Q1

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Published on 05 November 2013
Category: Latest Business Alerts

The Ethiopian government has reported US$29 million in export earning from the textile sector for the first, quarter of the current fiscal year, Fortune reported.

The earning exceeded by over 50 percent the US$19 million earned during the same period a year ago.

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Harari State Earned over 9 million Birr from Tourism in Q1

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Published on 05 November 2013
Category: Latest Business Alerts

Harari State has earned over nine million Ethiopian birr revenue from tourists who visited tourist attraction sites in the state during the first quarter of the current fiscal year, the State culture, tourism and heritages bureau said.

Tourism Director with the Bureau Yasmin Zekaria told Ethiopian News Agency on Saturday, over 17,150 foreign and local tourists has visited tourist attractions in the regional state. Some 3,143 of the visitors are foreigners from Africa, Asia, Australia and Europe.

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Ethiopia: EIA Licensed 244 New Investment Projects in Q1

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Published on 05 November 2013
Category: Latest Business Alerts

Latest data from the Ethiopian Investment Agency (EIA) revealed that 28 new projects in the industry sector has gone operational during the first three months of the fiscal year, Walta Information Center reported.

The 28 new industrial investment ventures have a combined capital of over two billion Ethiopian birr.

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Ethiopia Postponed Submission of Documents for Fourth Round Negotiations with WTO

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Published on 05 November 2013
Category: Latest Business Alerts

Ethiopia delayed submission of documents, including its service offer, for its fourth round of negotiations with the working party members of the World Trade Organisation (WTO), Fortune reported.

The submissions has been originally scheduled for September, however, it has been postponed for an unspecified time as the documents are not finalized yet.

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