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IBM is launching plans to increase its market share in Ethiopia with increasing demand for its products. The increased demand from local partners has been quite significant according to an IBM recruitment event held at the Addis Ababa Hilton Hotel this week.  The event was attended by representatives from various governmental and private institutions.

Ethiopia is one of the fastest growing economies in the world with ever increasing opportunities said Gordon Lehman, Market Development Advisor for IBM.

IBM is seeking to invest in Ethiopia for these reasons and the stable macro-economy, investment protection, stable government, transparent legal framework and streamlined procedures according to Lehman.

The International Civil Aviation Organization (ICAO) awarded Ethiopia the Council President Certificate in Aviation Safety for Universal Safety Oversight Audit Program (USOAP). State Minister of the Ministry of Transport and Logistics, Dengie Boru, received the award in Montreal, Canada.

Ethiopia was recognized for its achievement in establishing an effective aviation safety oversight system between 2019 and 2022 and its ongoing commitment to the implementation of ICAO Standards and Recommended Practices.

USOAP focuses on a State’s capability in providing safety oversight by assessing whether the State has implemented the critical elements of a safety oversight system effectively and consistently.

Source (including image): Ministry of Transport and Logistics

Additional source: ICAO

A two-day workshop focusing on enhancing the manufacturing process of the Ethiopian metal industry was held in Addis Ababa, Ethiopia. The workshop is organized by International Chamber of Commerce Czech Republic in collaboration with Aid for Trade Project of the Czech government.

ICC Czech Republic is also planning to offer training of trainers (ToT) in Czech Republic for a team of experts drawn from the Ethiopian metal industry.

Iceland government is willing to support investors from Iceland to involve in the development of geothermal energy in Ethiopia, said Minister of Foreign Affairs of Iceland.

Reykjavik Geothermal, the Icelandic geothermal development company has agreed to develop as much as 1,000 megawatts of geothermal projects in Ethiopia over the next 10 years, according to Bloomberg.

Reykjavik expects to start drilling test wells next year, Chairman Michael Philipp told Bloomberg in an interview on September 27, in New York.