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Ethiopian Ministry of Industry announced that it has put in effect the new export trade incentive directive.

Ministry Public Relations and Communication Directorate Director, Melaku Taye, told WIC, the new directive is aimed to help boost export trade performance.

Moreover, the new directive will also enables to give efficient service to the business community and allows them to create network among themselves, he said.

The new directive will also help to provide the necessary support to producers and exporters, he added.

Sourec: Walta

The Ethiopian Horticulture Producer Exporters Association (EHPEA) launched the 5th International Horti-Flora 2013 Exhibition at the Millennium Hall  on March 20 in Addis Ababa.

Association President Zelalem Melese said, the exhibition is a good platform to create market linkage, exchange ideas and develop new trends as well as discuss challenges and opportunities in the horticulture industry.

“This year, we would like to use the occasion to celebrate our successes and the growth that the industry has made in such a short span of time. Most of the credit goes to the government for its leadership in exploring market opportunities locally and at the international level as well. In the past two years, we have made great stride in the industry in terms of expanding the sub-sector,” Zelalem said.

TAF Oil PLC opened its first fuel station in Addis Ababa, Ethiopia. The station is located in Mekanissa area. The opening ceremony was held on Saturday, March 9. TAF is planning  to open eight additional fuel stations in Tigray, Amhara, Oromia and Gambella Regional states of Ethiopia.

TAF was established in 2008 by three  with 56.3 million birr authorized capital. TAF Oil commenced operations in January 2011 in Gelan, Oromia Special zone. In less than two years TAF has increased the number of its fuel stations to 18, located in the capital and  different regional states. Add a comment Add a comment

The Addis Ababa City Administration Transport Bureau is to introduce electronic ticketing (e-ticketing) for the Anbessa City Buses. The new system is in response to problems related to ticket issuance.

The new electronic ticketing system will replace the existing paper tickets that need to be purchased for each fare and each bus used. The e-ticketing system will allow commuters to use one pass ticket for multiple travelers. Add a comment Add a comment

The 11th Innovation Africa Digital Summit opens yesterday March 19, 2013 in Addis Ababa, Ethiopia. This years event has drawn participants from diverse fields including, ministers, policy makers, regulators, service providers, end users, finance companies and international agencies, among others.

The Summit is convened to discuss the need to create sustainable national and international growth and development of the African Telecoms and information communication technology ecosystem.The theme of the summit is “National Broadband Strategies and Agendas: Acceleration and Alignment”.

The government of China is to support Africa to utilize its rich bamboo resource, Chinese Ambassador to Ethiopia said on the Africa Bamboo workshop held on Friday 15 March and organized by the Ministry of Agriculture and International Network for Bamboo and Rattan (INBAR) to discuss bamboo development in the continent.

Speaking at the opening of the workshop, Ambassador Xie Xiaoyan said that the Chinese government will provide continued assistance to Africa in the development of its bamboo industry in many aspects. Add a comment Add a comment

The Twins PLC, an Ethiopian Company announced plan to establish a paper products factory with 60 million birr capital. The Company's Managing Director, Lemma Habtemariam told ENA that the factory will create jobs for a number of citizens. The Company, established three years ago with 10 million Birr capital, has created jobs for some 40 citizens at present.

Alliance Transport Services S.C is to start providing commuter bus service in the City of Addis Ababa, Ethiopia. The company is awaiting permits from the City's road transport bureau.

Alliance Transport was established in 2009, the company now has 2,1100 shareholders and a 35 million birr paid-up capital. Alliance has purchased 25 buses at a cost of 36 million birr. The purchase is partially financed by Dashen Bank through loan arrangement, according to according to Adil Abdela, chairperson of Alliance’s board of directors. The Chinese  manufacturer, Xiamen King Long Automotive Industry, delivered the buses two months ago.

Precise Consult International PLC and Association of Chartered Certified Accountants (ACCA) Ethiopia will host “The CEOs Breakfast” forum on March 28th 2013 at the Sheraton Addis Hotel.

The quarterly event brings top business leaders to venue drawn from companies, government officials, donors, and international agencies and other business leader to discuss business issues in Ethiopia. Add a comment Add a comment

The Alliance of Women Entrepreneurship Program (AWEP), Ethiopian Chapter was officially launched on March 12,  with a ceremony held at the Radisson Blu Hotel.

The Chapter's stated mission is empowering women entrepreneurs and helping them connect to the international market. Although officially inaugurated this week in Ethiopia, Alliance of Women Entrepreneurship Program has been in existence since 2006, informally known as the Women Entrepreneurs Group (WEG). Add a comment Add a comment