Addis ababa: Ethiopia has recorded a major milestone in its industrial transformation, substituting imported goods worth 4.85 billion US dollars with locally produced alternatives over the past nine months, according to Industry Minister Melaku Alebel…
Continue ReadingAddis ababa: Ethiopian Airlines has confirmed an order for six additional Boeing 787-9 Dreamliner aircraft, converting purchase options from its 2023 agreement with Boeing into firm orders. The move reinforces the airline’s long-term expansion strateg…
Continue ReadingAddis ababa: The Council of Ministers has sanctioned a series of loan agreements and investment promotion and protection accords during its 54th regular session. These agreements aim to bolster the country’s economic reform and improve micro-finance i…
Continue ReadingGeneva: The seventh Working Party meeting on Ethiopia’s accession to the World Trade Organization (WTO) opened in Geneva, marking a renewed phase in the country’s long-standing bid to join the global trading system. In his opening remarks, Trade and R…
Continue ReadingAddis ababa: An Indian investor, who is currently active in Ethiopia’s agriculture sector, noted that Ethiopia holds immense potential for growth, particularly in agribusiness and export-oriented production. Gud Agro Plc Shareholder, Gajendra Singh Ma…
Continue ReadingAddis ababa: The Czech Republic is stepping up efforts to strengthen its economic relationship with Ethiopia, with officials highlighting growing opportunities for investment and trade cooperation between the two countries. Speaking at the Ethio-Czech…
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