Category Archives: Market

UPDATE: The United States Continues to Lead the Global Response to COVID-19

The U.S. Government leads the globe with $12.5 billion allocated to benefit international COVID-19 response, including commitments for the development of vaccines and therapeutics, preparedness efforts, and foreign assistance. We are achieving real results, helping nations around the world respond

Policy Intervention Brought Results in Annual Performance, Says Transport Minister

Addis Ababa  Ministry of Transport announced that its new policy interventions have brought about results in the sector. Transport Minister Dagmawit Moges told ENA today that following the introduction of the National Transport Policy, Non-Motorized Strategy, National Logistics Policy &

41.7 Billion USD: Preliminary Cost Estimate of Delaying the GERD by 5 Years

41.7 Billion USD: Preliminary Cost Estimate of Delaying the GERD by 5 Years: The Ethiopian Diaspora and Local Experts Task Force The Ethiopian Diaspora and Local Experts Task Force Currently, Ethiopia and Egypt are in conflict about the completion and

Dam is Source of Cooperation, Not Threat to Int’l Peace, Security: Experts

Addis Ababa : The Grand Ethiopian Renaissance Dam (GERD) is “a source of cooperation rather than a threat for international peace and security,” experts said. In an exclusive interview with ENA, Dejen Yemane, Law lecturer at Wollo University blamed Egypt for deliberately

Gov’t Taking Rescue Measures for Leather Industry

Addis Ababa, June 19/2020( ENA)The Government of Ethiopia is undertaking measures to rescue leather manufacturing industries from impacts of COVID-19 pandemic. Leather Industry Development Institute Communication Director, Berhanu Serjebo told ENA that leather industries have been granted credit services alongside

Webinar Discusses Market Options in China for Ethiopian Meat Exporters

Addis Ababa June 18/2020(ENA) A webinar aimed at expanding markets for Ethiopian meat exports in China was held on Wednesday, according to the Ministry of Foreign Affairs. Ethiopian Embassy in Beijing, China and meat exporters in Ethiopia as well as

Stakeholders Discuss Ethiopia’s Plan to Draw FDI

Addis Ababa June 18/2020(ENA) A jointly organized discussion aimed at drawing Foreign Direct Investment (FDI) to Ethiopia was held yesterday. Foreign Affairs State Minister, Tsion Teklu, and Trade and Industry State Minister Misganu Arga led the discussion. Misganu delivered a

World Bank Approves 250 Mln USD in Grant, Loan to Ethiopia

Addis Ababa June 18/2020(ENA) The World Bank’s Board of Executive Directors on Wednesday has approved 250 million USD in supplemental financing for the ongoing Second Ethiopia Growth and Competitiveness Programmatic Development Policy Financing. The Bank approved 125 million USD in