Trade – New Business Ethiopia

Report suggests policies to boost Africa’s GDP by $134 billion

February 9, 2019February 10, 2019 newbusinessethiopia

The 2019 African Economic Outlook by the African Development Bank (AfDB) suggests five trade policy actions that can bring Africa’s total gains to 4.5% of its GDP, or $134 billion a year.

Ethiopian Airlines gets gold prize for cargo service

February 7, 2019February 7, 2019 newbusinessethiopia

Ethiopian Airlines gets gold prize as the top performing cargo transportation airline at the Customers Annual Meeting organized by Guangzhou Bayiun International Airport on 30th January 2019.

Ethiopia passes continental free trade deal

February 2, 2019February 2, 2019 newbusinessethiopia

The Council of Minister of Ethiopia today approves the African Continental Free Trade Agreement (AfCFTA), which envisages creating the largest common market in the world.

Ethiopia export income drops 38%

January 24, 2019January 24, 2019 newbusinessethiopia

Ethiopia earned export revenue of $1.21 billion in six months of the current Ethiopian fiscal year (July, 8, 2018 to January 7, 2019).

Ethiopian shipping urges government to use its idle ships

January 3, 2019January 3, 2019 newbusinessethiopia

The Ethiopian Shipping and Logistics Services Enterprise (ESLSE), the government company which has been in shipping business for over 54 years, says it has been deprived from transporting Ethiopia’s major import items such as fuel, fertilizers and wheat.

Africa gets $32.6 billion deals for power, manufacturing, gas projects

December 26, 2018December 26, 2018 newbusinessethiopia

Africa gets $32.6 billion deals for power, manufacturing, oil and gas, financial services, logistics projects at the Intra-African Trade Fair (IATF) concluded in Cairo.

Mauritius tops Africa online shopping readiness ranking

December 10, 2018December 10, 2018 newbusinessethiopia

Mauritius has been ranked the most prepared country in Africa for shopping online, according to UNCTAD’s Business-to-Consumer (B2C) E-commerce Index for 2018.

Moving Africa Free Trade Area deal with quick win solutions

December 6, 2018December 6, 2018 newbusinessethiopia

A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with only 12 out of the required 22 countries ratifying the accord, but policy makers say there is time enough – and practical solutions – to move the process ahead.