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.
U.S. Solar Firms Request Investigation Into Ethiopia Linked Imports
A group of U.S. solar panel manufacturers has asked the U.S. Department of Commerce to investigate solar shipments from Ethiopia, alleging that companies are completing production there to avoid import duties on Chinese made solar products.
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.
UAE Bans Meat Imports from Ethiopia
The United Arab Emirates (UAE) had put an indefinite ban on all meat imports from Ethiopia starting from October 1, 2015, according to Addis Fortune.
