Ethiopia and Japan signed a grant agreement of $12.7 million for road maintenance in Ethiopia, specifically in the capital Addis Ababa. Signing the agreement were Ahmed Shide, Ethiopia's Minister of Finance, and Matsunaga Daisuke, Japan's Ambassador to Ethiopia.
Japanese business delegation led by Nobuhiko Sasaki, Chairman of Japan External Trade Organization (JETRO), held talks with Markos Tekle (Ph.D.), Ethiopia's State Minister of Foreign Affairs. On the occasion, Dr. Markos called on Japanese investors to "take advantage of" Ethiopia's favorable investment climate.
The Koyo Group and NEC Energy Solutions, Japanese companies involved in manufacturing and selling of energy equipments disclosed their intention to do business in Ethiopia, Ethiopian News Agency (ENA) reported.
Delegates from Japan International Cooperation Agency (JICA) and National Graduate Institute for Policy Studies (GRIPS) met and discussed with Eyob Tekalign (PhD), Ethiopian Minister of Finance.
Japan’s Impack Corporation revealed its plan to increase the volume of its annual rose flower imports from Ethiopia by five-fold. The corporation stated this during a meeting with Ethiopian Ambassador to Japan Tefera Derbew.
Impack’s Chairman Tomokazu Morishige and its President Hekiro Morishige noted that the corporation was importing two million rose flower stems from Ethiopia and working towards increasing demand for Ethiopia’s rose flowers in Japan.
