Ethiopian soda companies, East Africa Bottling SC and Moha Soft Drinks, are facing a problem due to scarcity of sugar in the country. Since they were not provided the needed amount of sugar from their supplier, the Ethiopian Sugar Corporation is causing interruption of their products. The Ethiopian sugar factory claims there is a solution […]

Hans Kandel, NDSU Extension agronomist, traveled to Ethiopia from June 1 through June 18 to share his technical skills and expertise with farmers. Kandel’s assignment was part of Catholic Relief Services’ Farmer-to-Farmer (FTF) program. The FTF program promotes economic growth, food security and agricultural development in East Africa. Kandel represented the NDSU Plant Sciences Department […]

  Speaking at the foundation meeting of the Ethiopian milk processing industries, some milk producers have aired their complaint that they are forced to dispose milk for lack of market.   The milk producers said that due to the various fasting seasons and the unavailability of roads, their milk produce couldn’t get to the market […]

Some of Addis Ababa’s butcher shops have told Business Times that their business is suffering financial loss due to meat products entering the market illegally. The complaining butcher shop owners said that though they have gone in a strict legal way providing products confirmed by the city administration’s abattoir, recently they are witnessing a huge […]

The story of aviation in Ethiopia and its national airline is one of opening up to the world. The landlocked country, bordered by such company as Kenya and Sudan in the Horn of Africa, is known for its harsh and unforgiving terrain. So when a French Potez 25 piloted by Andre Maillet introduced Ethiopia to […]

The Commercial Bank of Ethiopia (CBE) is in the final stages of research into foreign markets, with the potential of opening branches in Washington DC, Dubai, South Africa and Djibouti. As part of its vision 2025 to become a world class banker, the representatives of the bank traveled to Washington and South Africa in September, […]

US based footwear producer, Brown Shoe Company, will establish an office in Ethiopia to buy domestic footwear products for its international market. Recently large shoe makers have seen Ethiopia’s potential and invested in the country and there are some international garment companies like H&M but this is the first time a global shoe company has […]

The Rev. Nicholas Richards, founder of the Abyssinian Fund, a nonprofit that supports coffee farmers in Ethiopia, is in the middle of hashing out a distribution deal to launch an Aby fund-branded coffee in the States, starting in the Big Apple. BY JAN RANSOM NEW YORK DAILY NEWS He’s got a couple of beans up […]

Seven financial institutions along with the Ministry of Finance and Economy Development (MoFED) and the Ethiopian Railway Corporation (ERC) are going to sign a loan agreement to construct the railway project that has been awarded to a Turkish company. The signing ceremony was consecutively postponed, though it has been set to be held here in […]

Canadian investors with a total capital of 367 million Canadian dollars (CAD) have secured licenses to invest in Ethiopia, according to Canadian Ambassador to Ethiopia. The trade exchange between Ethiopia and Canada has also reached 141.3 million CAD. In an exclusive interview with ENA, Ambassador David Usher said the investors are engaged in importing machinery, […]

The Ethiopia Commodity Exchange (ECX) said it would implement commodity traceability and online trading projects this Ethiopian fiscal year. ECX Interim Chief Executive Officer, Shimelis Habtewold, told a press conference on Tuesday that the traceability project will be realized in collaboration with USAID with an outlay of 1.3 million USD. The traceability project is expected […]

The popularity of Ethiopian flowers has been growing in European markets day by day, according to a Dutch floriculture company here. Herburg Roses Company, a farm cultivating flowers around Ziway town in Oromia Region (province), said flowers produced in Ethiopia are well-liked in Europe. Its managing director, Hubert Wilhelmina Maria Van Der Burg, told ENA […]

Ethiopian Airlines started daily flights from London Heathrow to Addis Ababa with the additional service departing London Heathrow on Tuesday evenings. The new departure mirrors the existing schedule with departure from London Heathrow at 21:00hrs arriving into the Ethiopian capital’s Bole International Airport at 07:00hrs the next day. The return route sees the aircraft departing […]

Acting CEO of Alebejimla, Ato Nuredin Mohammed told Fana Broadcasting Corporate that the need to open the Alebejimla store at Merkato is to enable consumers access a wide variety of options as Markato is the largest market place in the capital and the entire country too. Set across 1,244 m2, the store has the capacity […]

In a session held during the 6th Northern Corridor Summit, the East African Commodity Exchange (EAX) is launched. President Uhuru Kenyatta ushered the launch of the East Africa Commodity Exchange by ringing a bell signaling the formal launch of the Exchange. EAX is a subsidiary of Africa Exchange Holdings, Ltd. (AFEX), which is comprised of […]

Ethiopian Airlines Boeing 787-8 Dreamliner aircraft brought back Ghanaian football squad and their supporters back home from Brazil last Sunday. It was Ethiopian Airlines which airlifted all the Ghanaian supporters to Brazil to rally behind the Black Stars. Players and officials of the Black Stars were stranded in their camping base in Maceio City after […]