South African business delegation team visiting Ethiopia, held business-to-business meeting with Addis Ababa Chamber of Commerce and Sectoral Associations (AACCSA) on June 7, 2016. The meeting was focused on ways to promote business opportunities.
Spur Corporation, a South African multi-brand restaurant franchiser, has joined with Cucina Trading PLC, a newly established local firm, in a franchising contract to open a chain of specialty restaurants in Addis Ababa.
South Sudan licensed Tele Mobile which would be the fourth telecom service provider in the country after MTN, D.G. TEL, and Zain Telecom.
In the past nine months, the Southern Nations Nationalities and Peoples’ Regional State Investment and Industrial Development Office has granted 291 new investment licenses for various projects. Of these, 120 are in agriculture, 89 in service, and 82 in industry.
The Southwestern Ethiopian Peoples’ Regional State has delivered 150 kilograms of gold to the National Bank of Ethiopia during the current fiscal year, falling short of its initial target.
