Ethiopian Airlines begins cargo flights to Bangkok, Hanoi
Ethiopian Cargo & Logistics Services, launches once weekly freighter service to Bangkok, Thailand and Hanoi, Vietnam as of…
Trade
Ethiopia imports worth $2.8 billion petroleum
Ethiopia has imported close to 81.8 billion birr (around $2.82 billion) fuel during the fiscal year concluded July…
Company to introduce refrigerated coffee to Ethiopian market
Zing Coffee, a local company engaged in coffee business, announced that it is set to introduce refrigerated and…
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,…
Avocado set to become Ethiopia’s major export
By Andualem Sisay Gessesse – A program launched by the Israeli and United States development agencies is set…
Ethiopia’s export income declines 9 percent
Continuing its decline Ethiopia’s export income for the first nine months of the fiscal year started July 8,…
Global e-commerce sales surges to $29 trillion
Global e-commerce sales grew 13% in 2017, hitting an estimated $29 trillion, according to the latest numbers released…
Egypt expresses support to regional integration
Egypt has affirmed its strong support for the African Development Bank as a development partner and is committed…
French multinational logistics companies enter Ethiopian market
Following the recent decision of Ethiopian Government to liberalization its logistics sector, Bolloré Africa Logistics and CMA/CGM Group…
Somaliland launches road project connecting Berbera Port and Ethiopia
President Muse Bihi Abdi Somaliland and Ethiopia officials from Somali region laid a cornerstone for the construction of…
Report suggests policies to boost Africa’s GDP by $134 billion
The 2019 African Economic Outlook by the African Development Bank (AfDB) suggests five trade policy actions that can…
Ethiopian Airlines gets gold prize for cargo service
Ethiopian Airlines gets gold prize as the top performing cargo transportation airline at the Customers Annual Meeting organized…
Ethiopia passes continental free trade deal
The Council of Minister of Ethiopia today approves the African Continental Free Trade Agreement (AfCFTA), which envisages creating…
Ethiopia export income drops 38%
Ethiopia earned export revenue of $1.21 billion in six months of the current Ethiopian fiscal year (July, 8,…
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…
Africa gets $32.6 billion deals for power, manufacturing, gas projects
Africa gets $32.6 billion deals for power, manufacturing, oil and gas, financial services, logistics projects at the Intra-African…
Mauritius tops Africa online shopping readiness ranking
Mauritius has been ranked the most prepared country in Africa for shopping online, according to UNCTAD’s Business-to-Consumer (B2C)…
Moving Africa Free Trade Area deal with quick win solutions
A total of 44 African nations signed the landmark African Continental Free Trade agreement earlier this year, with…
Meridian gets trade financing for Malawi, Mozambique, Zimbabwe operations
The African Development Bank through its Trade Finance operations has signed a US$20 million facility to finance Meridian’s…
International trade fair opens in Djibouti
With the aim of promoting Djibouti as investment and tourist destination, the second international Djibouti trade fair opens…
UN official advices Ethiopia to ease laws hampering African traders
The government of Ethiopia needs to harmonize it financial rules and regulations with the rest of African countries…
Addis Ababa to host continental trade meeting
African countries seeking to reduce the cost, time and complexity of interregional and international trade in goods will…
Continent Free Trade Area should address gender in Africa
The signing of the African Continental Free Trade Agreement (AfCFTA) in March 2018 in Kigali set the stage…
Why Africa implements continental free trade area
By Andualem Sisay Gessesse – Kigali, Rwanda – It has been eight months since 44 African countries subscribed…
Why Ethiopia’s export income declines while incentives increase
By Andualem Sisay Gessesse – while the value of Ethiopian government’s incentives for investors have been increasing over…
Nigeria says free Africa trade propels greater development
The African Continental Free Trade Agreement (AfCFTA) has huge potential to move Africa to dizzy heights of development…
Nigeria set to host Africa Trade Forum
Nigeria is is set to host the 2018 edition of Africa Trade Forum from 2-3 November, 2018.
Financial institutions advised to transform African trade
The transformation of trade in Africa is a task that all African financial institutions must collectively pursue, says…
Cooperation key in the face of globalization backlash
The international political climate may be turning against globalization and threatening economic growth, but there is still a…