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Focusing on the reinstatement of Ethiopia to the Africa Growth Opportunity Act (AGOA), Dr. Seleshi Bekele, Ethiopia’s Ambassador to the US held discussions with about 50 investors, manufacturers, and exporting companies in…
Due to the worsening of forex shortage in the country, the Government of Ethiopia has banned import of 38 product categories ranging from automobiles, and chewing gums, to furniture, chocolates, packed foods,…
By Melkamu L. Atnafu-With a population of around 120 million, Ethiopia has a sizable domestic market and is the second-most populated nation in Africa behind Nigeria. The Ethiopian macro economy is currently…
The UN Economic Commission for Africa (ECA) launched a network for Francophone African journalists, dubbed “AfCFTA Media Network”, to enhance the visibility of the African Continental Free Trade Agreement (AfCFTA), following a…
The Ministry of Finance of Ethiopia said it has exempted electric vehicles from value added tax (VAT), excise and sur Sur taxes.
Widening its trade deficit to $14 billion, Ethiopia’s import bill has surpassed 18 billion last budget year concluded July 7, 2022 with China and India supplying 33 percent of the merchandizes.
During the current budget year started July 8, 2022, the Government of Ethiopia expects increase of annual commodity export income by 30 percent reaching $5.4 billion mainly as a result of increasing…
Annual export earnings of Ethiopia from coffee export has increased by 22 percent to $1.4 billion during the Ethiopian calendar year concluded July 7, 2022.
DHL Global Forwarding, the international provider of air, ocean and road freight services has named Clement Blanc as CEO for Sub-Saharan Africa (SSA) and; South Africa (SA) and Pramod Bagalwadi as Vice…
The Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA), one of the oldest chambers of commerce in Africa, today celebrates its 75th anniversary.
A new joint venture between Premier Investment Consults, and BEHAK Multimedia, two private companies registered in Ethiopia, is set to brand and market high quality products of 500 Small and Micro Enterprises…
The U.S. Chamber of Commerce today hosted Samia Suluhu Hassan, President of the United Republic of Tanzania.
During the first nine months of the currency budget year started July 8, 2021, Ethiopia has generated $894 million from coffee export.
The African Continental Free Trade Area (AfCFTA) will boost intra-African trade by around 40%, with substantial benefits to the transport sectors, according to the latest estimates by the UN agency, the Economic…