Cairo: African Export-Import Bank (Afreximbank) has launched a US 3 billion USD Revolving Intra-African Oil Trade Financing Program to finance the purchase of refined petroleum products by African and Caribbean oil buyers. The objective of the program…
Cairo: African Export-Import Bank (Afreximbank) has launched a US 3 billion USD Revolving Intra-African Oil Trade Financing Program to finance the purchase of refined petroleum products by African and Caribbean oil buyers. The objective of the program…
Addis Ababa: The establishment of China Chamber of Commerce to Africa marked a significant milestone in the economic and trade cooperation between China and Africa, China Head of Mission to the African Union, Ambassador Hu Changchun said. The Head of …
Washington DC: The African Development Bank (AfDB) has renewed a 3.2 billion U.S. dollar exposure exchange with the Inter-American Development Bank (IADB) aimed at strengthening capital efficiency, boosting development lending, and enhancing global fi…
Addis Ababa: The historic Grand Ethiopian Renaissance Dam (GERD) is a key catalyst for realizing regional integration, Ethiopian Economics Association (EEA) Senior Researcher Abule Mehari said.
According to Ethiopian News Agency, the senior economis…
Addis Ababa: Prime Minister Abiy Ahmed has lauded the remarkable transformation of the Kazanchis area in Addis Ababa, a key component of the second phase of the city’s beautification and corridor development project.
According to Ethiopian News Agen…
Beijing: Chinese President Xi Jinping declared on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, disrupt the multilateral trading system, and negatively impact the global economic order. This state…
Addis Ababa: The Ethiopian Electric Utility (EEU) announced that 1,382 rural towns and villages have gained electricity access as part of the nation’s ongoing expansion efforts carried out over the past reform years. Speaking to ENA, EEU Communication…
Addis Ababa: The Ethiopia Tamrit (MadeInEthiopia) movement has enabled the country to increase the quality and competitiveness of products, Minister of Industry Melaku Alebel told ENA. The movement was launched by Prime Minister Abiy Ahmed in 2022, wi…
Addis Ababa: Speaking to ENA, Ethiopian Investment Commission Commissioner Zeleke Temesgen highlighted that Ethiopia has been undergoing a substantial reform process over the past seven years, achieving commendable results. The Commissioner stated tha…
