IFC signals interest to provide support Ethiopia in priority sectors

IFC signals interest to provide support Ethiopia in priority sectors

  The International Finance Corporation (IFC) has signaled its interest to partner with the Ethiopian government in investment projects of priority sectors. Ethiopian Investment Commission (EIC) management discussed with IFC Ethiopia Country director Cheick-Oumar Sylla at the headquarters of the EIC. EIC and IFC leaders agreed to strengthen ongoing collaborative works in the areas investment…

Ethiopia’s banks’ exhibition kicks-off

Ethiopia’s banks’ exhibition kicks-off

Ethiopia’s banks exhibition has kicked-off on Friday at the Friendship Square. The exhibition has been jointly organized by Dagu Communication, Sefa Trading PLC, Ministry of Foreign Affairs and Ethiopian Diaspora Agency. The event, which will take place until Sunday, January 30, has focused on #No More Black Market. The exhibition has been initiated following the…

Oromia Bank, bureau agree to work on payments

Oromia Bank, bureau agree to work on payments

The recently rebranded Oromia Bank and Oromia Water and Energy Resource Development Bureau signed a Memorandum of Understanding (MoU) to work on collection of payments. The agreement has been signed by Woldie Bulto, Vice President of Oromia Bank and Million Bekele (Engineer), Head of Oromia Water and Energy Resource Development Bureau. The agreement will enable…

Ethiopian brings back B737 MAX in February 

Ethiopian brings back B737 MAX in February 

Following months of rigorous monitoring and painstaking preparation, Ethiopian Airlines has announced that it has set to return the B737 MAX back to the skies in the first week of February. The B737 MAX has undergone design modification work and rigorous recertification process which lasted for over 20 months. Accordingly, the American Federal Aviation Administration…

Boeing, Ethiopian bolster partnership to build aerospace industry in Africa

Boeing, Ethiopian bolster partnership to build aerospace industry in Africa

By Kaleyesus Bekele Ethiopian Airlines Group, the largest aviation group in Africa, and Boeing, the leading global aircraft manufacturer, have recently signed a strategic Memorandum of Understanding (MoU) that would enable them to transform Ethiopia as an aviation hub in Africa. According to the agreement, Boeing and Ethiopian agreed to work in partnership in four…

Ethiopia, Djibouti, Russia hold joint business forum

Ethiopia, Djibouti, Russia hold joint business forum

A business forum titled “The Russian – Ethiopia – Djibouti Business Forum” was held here in Moscow ON Monday, January 24th, 2022. The forum was organized by the Coordinating Committee for Economic Cooperation with Africa (AFROCOM) in collaboration with the Russian Chamber of Commerce and Industry in a hybrid form – On the platform of…

Commission warns investors, Diaspora not to bribe experts

Commission warns investors, Diaspora not to bribe experts

Girma Seifu, Addis Abeba Investment Commissioner has warned investors and members of the Diaspora on Tuesday not to offer a bribe with an intention of getting any services from the Commission. Commissioner Girma told the investors not to make any payments to Addis Abeba Investment Commission experts to get any services they need. Girma said…