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Category: Business

Mozambique Leases Port Terminal to Landlocked Malawi

August 20, 2024

Mozambique is planning to lease part of its northern port of Nacala to neighboring landlocked Malawi.

This deal is anticipated to boost trade ties between the two countries, according to the Maritime Executive website, a leading source of maritime n…

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Permanent Export Trade Exhibition Center to be Inaugurated in Addis Ababa

August 20, 2024

Ethiopia’s Trade and Regional Integration Ministry announced that it will inaugurate a Permanent Export Trade Exhibition Center inside its premises in the coming Sunday.

Briefing journalists today, Trade and Regional Integration Minister Kassahun Go…

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Ambassador Misganu Stresses Need for Stakeholders Collaboration to Fully Utilize Investment Opportunities

August 20, 2024

Foreign Affairs State Minister Ambassador Misganu Arga stressed the importance of collaboration with stakeholders to fully utilize the investment opportunities of the country within the industrial parks.

Industrial Parks Development Corporation CEO …

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Banks in Ethiopia Lauds FX Reform as Key Driver for Financial Sector Growth

August 19, 2024

Addis Ababa: The National Bank of Ethiopia’s foreign exchange (FX) administration reform, implemented as part of the broader macroeconomic reforms, has significantly catalyzed the growth of financial institutions, Bank officials remarked.

Banking ind…

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Ethiopia’s Macroeconomic Reform Fosters Country’s Business Environment

August 19, 2024

Addis Ababa: Ethiopia has undertaken significant macroeconomic reforms to foster a more favorable business environment, Minister of Agriculture Girma Amente said.

The Embassy of India in Addis Ababa, along with the Ministry of Agriculture released to…

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Irrigation and Lowlands Minister Confers with USAID Director for Ethiopia

August 19, 2024

Addis Ababa: Minister of Irrigation and Lowlands Abraham Belay discussed with Scott Hocklander, USAID Mission Director for Ethiopia on the progress of the Partnership for Lowlands Resilience Activity (PLRA).

The Minister welcomed USAID Director for E…

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