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The Ethiopian Embassy in China hosted the first-ever virtual trade and investment forum on the development of the pharmaceutical sector in collaboration with Beijing Bei Mao Jing Yuan Health Consulting Company. More than 45 companies and 100 participants attended the forum.

Ambassador Teshome Toga, Ethiopian Ambassador to China, stated that the forum aimed to encourage Chinese companies to invest in Ethiopia by promoting Ethiopia’s special focus on the pharmaceutical sector. The Ambassador called on Chinese companies to visit and invest in Ethiopia.

The Ethiopian Embassy in Ankara, in partnership with the Eskisehir Chamber of Industry, organized a business forum in Eskişehir, Turkey, on May 10, 2023.

The Ethiopian Embassy in Islamabad and the Islamabad Chamber of Commerce & Industry (ICCI) have announced plans to host a Business Forum on April 15, 2025, at the ICCI headquarters. The forum aims to engage Pakistani traders and investors ahead of the upcoming Single Country Exhibition, set to take place in Addis Ababa from May 15 to 17, 2025.

Ethiopian Employers’ Federation (EEF) and Ethiopian Employers’ Confederation (EEC) were united by the Ministry of Labour and Social Affairs (MOLSA). Ethiopian Employers’ Federation was established 20 years ago which makes it 19 years older than the confederation. Since the latter’s establishment, the two employers’ rights advocates were in a dispute over the seizure of power by leaders of the employers’ associations and the federations.

Labor Ministr Dr. Hirut Woldemariam said, “The split has created inconvenience for the operation of the government. By unifying the two institutions, we aspire to have a strong employers’ confederation.”

EEF’s President, Ato Tadele Yimer and EEC’s President, Ato Getahun Hussien signed the agreement. The new confederation will start operation within fifteen days.

Source: Addis Fortune

Ethiopian Enterprise Development (EED) distributed loans totaling Birr 1.1 billion within the first half of this fiscal year to boost the capacity of enterprises. EED was also able to create employment opportunities for 13,774 individuals by establishing 1,647 new enterprises during the same period.