U.S Embassy Host Business Matchmaking Event for Ethiopian and U.S Companies
The U.S. Embassy in Addis Ababa, Ethiopia hosted U.S business delegation representing various industries from the State of Illinois from May 13 to 15.
U.S. Launches Farm Service Program in Ethiopia
The United States government launched a Commercial Farm Service Program under the USAID to support the agricultural growth plan of the Ethiopian government according to an announcement from the Embassy of the United States in Addis Ababa.
The program will be part of the American presidential ‘Feed the Future Initiative’ in Ethiopia said the announcement.
The two year program will include grants and trainings for rural entrepreneurs in an effort to create a wholesale farm service center and six retail centers. These centers will be designed to meet the operational requirements of farmers.U.S. Plans Investor Roadshow for Africa to Boost Investment
The United States will launch an African investor roadshow later this year to link entrepreneurs with potential U.S. investors in order to increase trade ties with Africa.
U.S. Secretary of Commerce Wilbur Ross, President’s Advisory Council on Doing Business in Africa Set for Fact-finding Mission to Ethiopia
A press release by the US Embassy in Ethiopia on 20 June 2018
U.S. Secretary of Commerce Wilbur Ross announced today that he will lead a delegation from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) on a fact-finding mission to Ghana later this month. Under Secretary of Commerce for International Trade Gilbert Kaplan will head the delegation on stops in Ethiopia, Kenya and Côte D’Ivoire as well as accompany Secretary Ross in Ghana. These visits provide an opportunity for the delegation to gather insight into market opportunities and challenges faced by U.S. businesses in these fast-growing economies. The PAC-DBIA will use this information to provide President Trump with reliable and actionable recommendations to deepen commercial relationships in these countries.
UAE and Ethiopia Strengthen Ties with Currency Swap Agreement
The UAE Central Bank has partnered with the National Bank of Ethiopia to establish a bilateral currency swap agreement, aimed at enhancing financial and commercial cooperation between the two countries.
