Ethiopia revising policy to open door for foreign banks
Indicating that the Government of Ethiopia is engaged in policy revision to open its doors for foreign banks,…
import
Ethiopia to import 12.5 million liters of cooking oil
With the aim of stabilizing prices of major consumer goods, the Government of Ethiopia has purchased from abroad…
Ethiopia to help small scale traders across Moyale border
BY ANDUALEM SISAY GESSESSE – The Government of Ethiopia is set to introduce a protocol that will allow…
Ethiopia export earning reaches all time high
The annual export in goods income of Ethiopia for the first time has reached all time high to…
Tadjoura Port of Djibouti begins serving Ethiopia
The new Tadjoura Port of Djibouti began this week serving northern Ethiopian regions allowing the country to import…
Ethiopian agency spent $450 million on medicines
Ethiopian Pharmaceuticals Supply Agency (EPSA), the state agency in charge distributing medicines and medical equipment to state health…
Europe becomes major destination for Ethiopian commodities
Taking over the U.S and China markets, European countries have become the major importers of Ethiopian commodities during…
Ethiopia urged to ease import, export trade for youth
The Government of Ethiopia is urged to ease its system and allow its growing number of youth to…
Ethiopia economy declines 11 percent by COVID-19
The economy of Ethiopia will shrink between 5.6 to 11 percent as a result of coronavirus (COVID-19) pandemic,…
Ethiopia to provides $460 million to private banks
In an effort to rescue the economy from collapsing due to COVID-19 pandemic, the Government of Ethiopia orders…
Ethiopia’s export earning continues to decline
Ethiopia’s export performance which has been declining since 2012, has dropped by $170 million for the fiscal year…
Ethiopia imports 135, 457 vehicles in a year
The total number of vehicles Ethiopia has imported and registered last year (the fiscal year ended July 7,…
Malaysian company to produce edible oil in Ethiopia
Golden Africa, a Malaysian company is set to invest in edible oil manufacturing in Ethiopia creating jobs for…
Djibouti exploiting its advantages
ANDUALEM SISAY GESSESSE – Djibouti has registered remarkable economic growth over the past decade, mainly after its ports…
Ethiopian shipping urges government to use its idle ships
The Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the government company which has been in shipping business for…
Ethiopia vows to combat trade misinvoicing
By Andualem Sisay Gessesse –Ethiopia is battling to stop the outflows of billions of dollars every year through…