New Commercial Code of Ethiopia’s implications
By Tsegamlak Solomon – When investors think about Ethiopia, they often see the country as a difficult one to do business in. According to the World Bank, Ethiopia ranks 159 out of…
Blockchain drives intra-Africa trade during COVID-19 pandemic
The Eastern and Southern African Trade and Development Bank (TDB) and OCP Group, the world’s largest phosphate mining and leading fertilizer company, announced $400 million-worth of fertilizer trade finance transactions executed via…
Vienna Program of Action best to address LLDCs challenges
The coronavirus pandemic has deepened challenges faced by landlocked developing countries (LLDCs), particularly those in Africa.
Africa still lags behind in trading within its borders
African countries continue to trade more with the outside world than among themselves, according to findings of an Economic Commission for Africa (ECA) assessment report on progress made on regional integration in…
Senior U.S. Commerce official meets Ethiopian businesswomen
A senior U.S. Commerce official discusses trade and entrepreneurship with U.S. and Ethiopian businesswomen, and encourages prosperity through mutually beneficial commercial engagement.
Ethiopia earns $1.8 billion from export
During the first seven months of the current budget year of Ethiopia started July 8, 2020, the country has earned $1.8 billion from export of different commodities.
Ethiopian Cargo transports 95 million flower stems for Valentine’s season
Ethiopian Cargo and Logistics services has transported 95,833,333 million stems of flowers (4600 tons) from Nairobi and Addis Ababa in a two weeks’ time of Valentines’ season.
Ethiopia launches online business registration platform
As part of improving its doing business global ranking, Ethiopia launched today online business license registration platform.
Infrastructure key to African Continental Free Trade Area
The 6th PIDA Week opened virtually on Tuesday, 19 January 2021, with key speakers stressing the need for Africa to continue to invest in quality and sustainable infrastructure if the African Continental…
East Africa’s Besh Gebeya to open 25 stores in Ethiopia
Besh Gebeya, one of the over a dozen companies of East Africa Holdings, aims to create 100,000 jobs within the coming five years opening 25 additional stores in Ethiopia and two in…
Africa continental trade goes operational today
Signed by 54 African countries, African Continental Free Trade Area (AfCFTA), the largest common market in the world with over 1.2 billion people today goes operational.
Ethiopian-DHL, AeTrade Group partner to facilitate continental trade
Ethiopian Airlines-DHL and African Electronic Trade Group partner to transport historical parcels in the African Continental Free Trade Area.
Ethiopia approves law to introduce capital market
The Council of Ministers of Ethiopia today approves a draft law prepared by the National Bank of Ethiopia that allows Ethiopia to introduce capital market.
Ethiopia, Kenya leaders inaugurate one stop border post
Prime Minister Abiy Ahmed of Ethiopia and President Uhuru Kenyatta of Kenya on Wednesday inaugurated the one stop border post in Moyale.