The 8th round of the Ethiopian Diaspora Business Forum and the 2013 Pioneer Diaspora Awards Luncheon, is scheduled to be held in Washington DC, on July 27, 2013.
This years event will focus on investment opportunities in agri-business, agro-processing and financing and value chain development opportunities in select sub-sectors for Diaspora Investors, according to the organizers. Add a comment Add a commentEthiopian Airlines, one of the leading African airline announced that it has become strategic partner of the new Malawian Air with acquisition of 49 per cent equity shareholding. The remaining 51% of the shares is held by the Malawian Government and Malawian private investors.
Speakers of the Ethiopian and South Korean Parliaments expressed their commitment to further strengthen investment cooperation between the two countries.
During talks with with Korean Republic Parliament delegation headed by Speaker Kang Lee yesterday, House of Peoples Representatives Speaker Abadulla Gemeda said tthat at Ethiopia will create favorable conditions for Korean investors interested to invest here.
Add a comment Add a commentThe state owned Ethiopian Shipping and Logistics Service Enterprise (ESLSE) has announced new marine freight-rate, effective July 1, 2013.
The new rate adjustment includes a 6 per cent discount on 20 feet containers and an 8 per cent decrease on 40 feet containers.
Add a comment Add a commentBombardier Aerospace has named Ethiopian Airlines as an Authorized Service Facility (ASF) for commercial aircraft.
The Ethiopian Ministry of Trade announced that Ethiopia expects join the World Trade Organization (WTO) by 2015.
Lesanework Zerfu, Head of the Multilateral Trade Relations Department of the Ministry told journalists at a press conference that Ethiopia’s accession to WTO is expected to be finalized in the third quarter of 2015.
Add a comment Add a commentThe Ethiopian Ministry of Urban Development and Construction has drafted an amendment to the contractors’ registration directive.
In the draft amendment registration criteria for contractors in all categories have changed based on the grade for which the contractor is applying. Add a comment Add a commentA coffee plantation owned by the legendary Ethiopian long distance athlete Haile Gebreselassie has officially launched planting coffee on 1,500 hectare plantation located in Sheka zone, Souther Regional State.
The area where the plantation is located is said to have abundant rainfall and nutrient-rich soil, ideal conditions for growing coffee. Add a comment Add a commentRepresentatives six Italian textile machinery manufacturing companies visited Ethiopia and held a discussion with Ethiopian businesses on Tuesday 02 July 2013 at the Addis Ababa Hilton Hotel.
“Ethiopia is a country with great prospects that is willing to invest in order to allow its textile sector to continually grow. The goal of this mission is, not just to present what our sector has to offer, but to develop a dialog with local authorities for a program of long term cooperation,” said Raffaella Carabelli, President of the Association of Italian Textile Machinery Manufacturers. Add a comment Add a commentThe Omo Kuraz sugar development project in Ethiopia has reportedly created jobs for more than six thousand residents of the of the area, according to Nuredin Asaro, General Manager of Omo Kuraz sugar development project.
The project comprises the construction of five of the 10 sugar factories planned to be built across the country by the end of the Growth and Transformation Plan (GTP) period. Add a comment Add a comment
