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The Ethiopian Chamber of Commerce and Sectoral Association is to launch a training center that will focus on leadership and management in the business community. It is expected that the academy will begin operations in the coming three months.

The idea was initiated to enhance the leadership, management and entrepreneurship skills of its members in and other large enterprises Wube Mengistu, Head of the Plan, Project and Trade Development Department at ECCSA.

The feasibility study for the center was conducted at a cost 17 thousand birr by experts and instructors from the Business Faculty of Addis Ababa University. The study was financed by funds acquired to United Nations Development Program said Endalkachew Seme, Deputy Secretary General and Manager of the Advocacy Department. Add a comment Add a comment

Ethiopia has received 1.69 billion US dollars in loans and grants in the last six months of the current budget year said Tewdros Adhanom, Ethiopian Minister of Foreign Affairs.

Most of the financing, an estimated 1.04 billion, was obtained from bilateral sources and the remaining funds from multilateral financial sources he said in his report to the House of Peoples Representatives.

The nation has also acquired 976.8 million US dollars from donors and creditors in this period according to Tewdros. Add a comment Add a comment

The Ethiopian Ministry of Transport explained to members of the House of Peoples Representatives that it is committed to protecting some of the national market for the national flag carrier, Ethiopian Airlines.

The ministry is particularly aware of the threat from carriers based in the oil rich countries of the gulf which have an unfair competitive edge due to their cheaper air fare explained Diriba Kuma, Minister of Transport.

These airlines have an unfair advantage because they have better access to fuel which has become a significant challenge for Ethiopian according to Diriba. Add a comment Add a comment

Deloitte is to develop agribusinesses, finance and mining efforts alongside its consulting work in Ethiopia. It will conduct its business efforts alongside its consulting tasks said Sammy Onyango, Chief Executive Officer for Deloitte East Africa.

The company came to the decision to partner with domestic advisory and accountancy firm HST to take advantage of Ethiopia’s human resources and significant economic development he explained.

The partnership between HST and Deloitte was registered with a capital of 1.1 million birr Deloitte is expected to offer management consultancy, senior management training services, and tax advisory. Add a comment Add a comment

Egypt is seeking increased meat imports from Ethiopia according to Prime Minister Hailemariam Desalgen. Egyptian investors have also submitted a proposal to establish a modern abattoir in Ethiopia he added.

Pastoralists in Ethiopia need to focus on opening markets for their livestock he explained speaking at the 14th Pastoralist Day celebrated in Oromia Regional State.

The regional government is working on expanding infrastructure and strengthening market centers according to  Abdulaziz Mohammed, Deputy President of Oromia. Add a comment Add a comment

Artistic Printing Enterprise Ethiopia announced that it had earned more than 10 million birr in profits during the last budget hear.

The enterprise was able to earn more than double what he had earned in the previous fiscal period said Teka Abadi Director General of the Enterprise speaking at the eight-second founding anniversary of the enterprise held in Hawassa.

The enterprise earned its profit from the printing services it offers including the printing of magazines, books, labels as well as diverse advertisements said Teka. Add a comment Add a comment

Micro and Small Enterprises in the Ethiopian capital have created 71,088 jobs in the last six months alone according to the Addis Ababa City Administration Micro and Small Enterprises (MSEs) Development Bureau.

This number is just 81 percent of the target 88102 jobs that the bureau had set for the period according to Leulseged Yefru Head  of the Bureau.

The construction sector alone was responsible for creating more than 43 thousand jobs accounting for a significant portion of the total said Leulseged. The manufacturing sector was able to employ almost 12 thousand people, urban agriculture created an estimated 3 thousand and the trade and service sectors together created more than 13 thousand jobs he explained.

The Ethiopian Aviation Academy announced that it is in the process of a large scale expansion project expected to cost an estimated 50 million US Dollars.

The academy is undertaking the expansion as part of its effort to increase its enrollment capacity to meet the ever increasing demand from trainees interested in its basic and recurrent training programs explained Tewolde Gebre-Mariam, Chief Executive Officer of the airline.

The expansion project will include the construction of buildings and supplying the Academy with computer based trainings, modern training aircraft, simulators, and other high tech facilities he said. Add a comment Add a comment

Ethiopian Airlines is to host the 22md Annual Maintenance, Repair and Overhaul International Conference and Exhibition from the 25th to the 27th of February.

More than 250 participants, from across the world including aircraft manufacturers, component suppliers and other airlines are expected to take part in the conference explained the statement released by Ethiopian.

The airlines is happy to host this international conference and expects to offer a unique opportunity for key stakeholders in the sector to showcase their services and take advantage of means to develop MRO partnerships said Zemene Nega, Senior Vice President for MRO services for Ethiopian Airlines. Add a comment Add a comment

The Ethiopian Intellectual Property Office is to launch the process to re-register trademarks in the coming month it announced. The proclamation that authorizes the office to take this step was endorsed seven years ago.

The Ethiopian Intellectual Property Office issued 1500 separate patents and creative rights ownership certificates in the last fiscal year.

The office granted certificates after careful evaluation and all due consideration to ensure the originality of the creation both at home and internationally said Awkoke Shiferaw, Head of Communication Service with the office.