import – New Business Ethiopia

Ethiopia revising policy to open door for foreign banks

Ethiopia revising policy to open door for foreign banks

February 22, 2022February 22, 2022 Business News 3357 Viewsagriculture, Ethiopia, export, FDI, Finance, foreign banks, import, Industrial Parks, Investment, liberalization, members of parliament, Prime Minister Abiy Ahmed, Trade 3 min read

Indicating that the Government of Ethiopia is engaged in policy revision to open its doors for foreign banks, Prime Minister

Ethiopia to import 12.5 million liters of cooking oil

January 4, 2022 BEHAK 690 Viewscooking oil, Ethiopia, Ethiopia Ministry of Finance, import, Wheat import 1 min read

With the aim of stabilizing prices of major consumer goods, the Government of Ethiopia has purchased from abroad 12.5 million

Ethiopia to help small scale traders across Moyale border

Ethiopia to help small scale traders across Moyale border

August 20, 2021August 21, 2021 BEHAK 283 ViewsEthiopia, export, import, Kenya, Moyale border, one stop border post, small scale traders, Trade 4 min read

BY ANDUALEM SISAY GESSESSE – The Government of Ethiopia is set to introduce a protocol that will allow small scale

Ethiopia export earning reaches all time high

July 5, 2021 BEHAK 257 Viewscoffee, Ethiopia, export earnings, import, National Bank of Ethiopia, Prime Minister Abiy Ahmed 1 min read

The annual export in goods income of Ethiopia for the first time has reached all time high to about $3.5

Tadjoura Port of Djibouti begins serving Ethiopia

Tadjoura Port of Djibouti begins serving Ethiopia

October 3, 2020 NBE 185 ViewsChina, coal, Djibouti, Ethiopia, export, fertilizer, import, Ministry of Transport, potash, sugar, Tadjoura Port, Wheat 1 min read

The new Tadjoura Port of Djibouti began this week serving northern Ethiopian regions allowing the country to import and export

Ethiopian agency spent $450 million on medicines

October 1, 2020October 1, 2020 NBE 98 ViewsEthiopia, import, medicines, pharmaceutical 1 min read

Ethiopian Pharmaceuticals Supply Agency (EPSA), the state agency in charge distributing medicines and medical equipment to state health centers, said

Europe becomes major destination for Ethiopian commodities

Europe becomes major destination for Ethiopian commodities

September 26, 2020 NBE 128 ViewsChina, Ethiopia, European countries, export, foreign exchange, import, leather, petroleum import, textiles, U.S. 4 min read

Taking over the U.S and China markets, European countries have become the major importers of Ethiopian commodities during the budget

Ethiopia urged to ease import, export for the youth

Ethiopia urged to ease import, export trade for youth

August 26, 2020August 26, 2020 NBE 93 ViewsAfCFTA, AGOA, Amazon, e-commerce, Ease of Doing Business, Ethiopia, Ethiopians in the United States, export, import, jobs, trade law 3 min read

The Government of Ethiopia is urged to ease its system and allow its growing number of youth to easily engage

Ethiopia economy declines 11 percent by COVID-19

Ethiopia economy declines 11 percent by COVID-19

April 27, 2020April 27, 2020 160 ViewsBalance of payment, coronavirus, COVID-19, economic impacts, Economy, Ethiopia, export, import, poverty, social impacts 6 min read

The economy of Ethiopia will shrink between 5.6 to 11 percent as a result of coronavirus (COVID-19) pandemic, stated a

Ethiopia to provides $460 million to private banks

Ethiopia to provides $460 million to private banks

March 27, 2020March 27, 2020 92 ViewsCommercial Bank of Ethiopia, debt relief, Ethiopia, export, hospitality industry, hotel, import, liquidity, National Bank of Ethiopia, private banks, Trade 1 min read

In an effort to rescue the economy from collapsing due to COVID-19 pandemic, the Government of Ethiopia orders the central

Ethiopia’s export earning continues to decline

August 11, 2019August 12, 2019 113 Viewselectronics, Ethiopia, export, flower, gold, Honey, import, pharmaceuticals, tantalum, textiles 2 min read

Ethiopia’s export performance which has been declining since 2012, has dropped by $170 million for the fiscal year concluded July

Ethiopia imports 135, 457 vehicles in a year

Ethiopia imports 135, 457 vehicles in a year

August 3, 2019August 3, 2019 308 ViewsAddis Ababa, Afar Region, Amhara, Benishangul Gumz, Dire Dawa, Ethiopia, Gambella Region, Harar, import, Oromia, Somali Region, Southern Region of Ethiopia, Tigray, vehicles 0 min read

The total number of vehicles Ethiopia has imported and registered last year (the fiscal year ended July 7, 2019) has

Malaysian company to produce edible oil in Ethiopia

Malaysian company to produce edible oil in Ethiopia

April 23, 2019April 23, 2019 NBE 219 Viewsedible oil, Ethiopia, Golden Africa, import, Malaysian, Manufacturing, oilseeds, Trade 1 min read

Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for 1,500 people

Djibouti exploiting its advantages

February 17, 2019February 17, 2019 149 ViewsDjibouti, Djibouti Free Zones, East African, Ethiopia, Ethiopian businesses in Djibouti, export, fishery, Global Chamber, Hospitality, hotel, housing, how to set up business in Djibouti, import, import-export, Investment, real estate, tourism 3 min read

ANDUALEM SISAY GESSESSE – Djibouti has registered remarkable economic growth over the past decade, mainly after its ports began handling

Ethiopian shipping urges government to use its idle ships

Ethiopian shipping urges government to use its idle ships

January 3, 2019January 3, 2019 96 ViewsEthiopia, Ethiopian Petroleum Supply Enterprise, Ethiopian Shipping and Logistics Services Enterprise, fertilizer, fuel, import, oil, petroleum, Wheat 3 min read

The Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the government company which has been in shipping business for over 54

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