Business

Africa’s Leather Sector Poised for Transformation

Addis Ababa: The Africa Leather and Leather Products Institute (ALLPI) successfully hosted its Second Breakfast Meeting with Embassy Representatives of the 21 COMESA Member States on 8th April 2025, in Addis Ababa, Ethiopia. The event brought together high-level participants including Ambassadors, representatives of the African Union, development partners, industry experts, and senior government officials under […]

Business

UN, AU Collaborate for Sustainable Development in Africa

Addis Ababa: The United Nations and the African Union (AU) are creating synergy in implementing the African Union’s Agenda 2063 and the UN Sustainable Development Goals for Agenda 2030, described as “Two agendas, One framework.” According to Ethiopian News Agency, a meeting of major development partners in Africa was held under the theme “Accelerating Transformation […]

Business

Africa’s Hotel Surge Smashes Records

Addis Ababa: Africa’s hotel pipeline surges to 104,000+ rooms in 2025 as global chains expand, a new report reveals. Of the top 10 African countries, Ethiopia has the highest ratio of rooms ‘on site’, followed by Morocco and Ghana. According to Ethiopian News Agency, this year’s Hotel Development Pipeline Report, the definitive study of international […]

Business

Trump Raises Tariffs on China to 125 Percent in Latest Trade War Escalation

Addis Ababa: President Donald Trump has announced he will raise tariffs against China to 125 percent, in a rapidly escalating trade war. According to Ethiopian News Agency, the move has come hours after Beijing imposed an 84 percent retaliatory levy on U.S. goods, effective April 10, 2025, as the global trade war intensified. Trump made […]

Business

EU Reiterates Commitment to Enhance Relationship with Ethiopia on Investment, Sustainable Job Creation

Addis Ababa: The Deputy Secretary General for Economic and Global Issues at the European External Action Service, Simon Mordue, reiterated the European Union’s commitment to transitioning its relationship with Ethiopia from traditional development assistance to a more collaborative partnership centered on investment and sustainable job creation. According to Ethiopian News Agency, in a significant move […]

Business

Ethio-Greek Business Forum Held in Athens

Athens: An Ethio-Greek Business and Investment Forum was held in Athens, Greece. The Forum, which was organized by the Ethiopian Embassy in Rome and the Ethiopian Honorary Consulate in the Hellenic Republic in collaboration with the Hellenic-African Chamber of Commerce, brought together representatives from the Ministry of Foreign Affairs of the Hellenic Republic, other government […]