Ethiopia, Kenya launch $200 million cross-border initiative
The governments of Ethiopia and Kenya, in partnership with the Intergovernmental Authority on Development (IGAD) and the United Nations launched a $200 million cross-border initiative.
AU, private traders sign deal on regional free trade
The Pan African Chamber of Commerce and Industry (PACCI) and the African Union on Thursday signed a partnership agreement in Addis Ababa to speed up free trade and economic integration in the…
Ethiopia fails to meet reserve fuel target
The Ethiopian Ministry of Mines and Energy (EMoME) failed to meet national target of increasing reserve oil of the country to 588,000 cubic from it was at 130,000 cubic meters five years…
Ethiopia shifting economic partnership from West to East
Trade privileges from Europe’s Everything But Arms (EBA) and America’s African Growth Opportunity Act (AGOA) are not stopping Ethiopia from shifting its historic economic partnership with the West to the East, a…
Ethiopia’s export to neighbors improves, import shrinks
Ethiopia’s export to its neighbors (Somalia, Sudan and Djibouti) has increased over the past two years, while import declines.
Ethiopia’s fertilizer import bill triples
Ethiopia’s foreign currency spending on fertilizer import has almost tripled in December 2009 as compared to the previous month.
China, Ethiopia to boost trade to three billion USD
BY YENENEH SISAY – The Chinese government and Ethiopia announced that they are working to increase the bilateral trade between them to three billion USD by the year 2015.
Ethiopia’s November export declines 5 percent
Ethiopia ’s total export earnings for the month of November, 2009 declines by around 5% compared to the previous month.