Adulterous trade creates fuel shortage

Adulterous trade creates fuel shortage

By Frehiwot Yohannes borkena December 3,2018 The adulterous fuel trade in the capital Addis Ababa and regional towns caused gasoline shortage in the past two weeks, a critical shortage of benzene in the past two weeks and creates complaints from drivers that they spend long hours at gas stations in the city. The increasing of […]

Addis Ababa hosting Africa-China business forum

Addis Ababa hosting Africa-China business forum

borkena November 26,2018 Addis Ababa is hosting Africa-China business forum and it will kick off tomorrow, according information from the Ministry of Foreign Affairs of Ethiopia. The forum is co-organized by Ethiopian Chamber of Commerce and Sectoral Association and China International Exhibition Center. It is expected to provide Chinese companies which have already presence in […]

Calzedonia Italian apparel manufacturer opened factory in Mekelle, Ethiopia

Calzedonia Italian apparel manufacturer opened factory in Mekelle, Ethiopia

borkena October 19,2018 Calzedonia Italian fashion apparel manufacturer opened factory today in Mekelle, northern Ethiopia, which is said to be its first business venture in Africa. The location of the factory has proximity to Eritrea’s Massawa port and is expected to contribute to regional economic growth, says the report by Ethiopian Broadcasting Corporation (EBC). Mekelle […]

German automobile manufacturer, Volkswagen, to invest in Ethiopia

German automobile manufacturer, Volkswagen, to invest in Ethiopia

borkena October 17,2018 One of the leading German Automobile manufacturers, Volkswagen, could be investing in Ethiopia. A report by state media, Ethiopian Broadcasting Corporation (EBC), says CEO of the company, Thomas Serdan, led management team of the company to assess the situation in Ethiopia. Chief of Staff in the Office of the Prime Minister, Fitsum […]