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China Trade Week to be Held in Ethiopia in Early May

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Category: Latest Business Alerts

CTW LOGO-01 1The 2019 edition of The China Trade Week (CTW) will be held May 2-4, 2019 in at the Millennium Hall in Addis Ababa, the organizers announced. The event will be held Thursday through Saturday, 10AM to 6PM every day.

Last Updated on 09 April 2019
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China's 2nd Largest Textile Company To Set Up Plant in Ethiopia

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Category: Latest Business Alerts

shanghai-bole-lemmiShangtex Holding Co. Ltd., China's second-largest textile company, is to set up a $65 million plant at Bole Lemmi II Industrial Park. To this end, the company signed a lease agreement with the Ethiopian Industrial Parks Development Corporation.

Last Updated on 09 January 2020
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China's Investment in Ethiopia Surpasses USD Five Billion

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Category: Latest Business Alerts

investment license coins

China remains Ethiopia's top foreign investor, surpassing USD 5 billion USD investments last year. Dr. Yang Yihang, a senior Chinese diplomat, revealed nearly 2,000 Chinese projects are underway, creating 65,000 jobs. Over 500 Chinese firms now operate in Ethiopia, introducing 223 new products in 2023 alone.

Last Updated on 28 May 2024
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China’s Demand for Ethiopian Coffee Grows

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Category: Import and Export

coffee-beans-roasted

Ethiopian coffee exporters are benefiting from the growing demand for their product in China, as more Chinese consumers develop a taste for Ethiopian coffee. Over the past decade, China's yearly coffee consumption has increased by an impressive average of over 15%, in contrast to the global coffee consumption growth rate of just 2.2%.

Last Updated on 12 July 2023
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China’s Zero-Tariff Treatment Targets Ethiopia

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Category: Import and Export

Ethiopia, Burundi, and Niger will become beneficiaries of China’s zero-tariff treatment starting from March 1, 2023. The treatment targets 98% of taxable items which are exported from the three countries to China. 

Last Updated on 22 February 2023
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