Ethiopia removes Restrictive Investment Laws Against Ethiopian Born Foreign Nationals

Ethiopia removes Restrictive Investment Laws Against Ethiopian Born Foreign Nationals

By Tesfa-Alem TekleNovember 7, 2019 ADDIS ABABA – The House of Peoples’ Representatives on Tuesday lifted a long-standing investment proclamation that bars Ethiopia-born foreign nationals from engaging in financial sector. During its regular session held today, the house council reviewed a draft proclamation to amend the Insurance Act. The Council then reviewed the Revenue and […]

Ethiopian Airlines says nation is reaping benefits out of e-visa service

Ethiopian Airlines says nation is reaping benefits out of e-visa service

By Tesfa-Alem TekleNovember 2, 2019 (ADDIS ABABA) – The Ethiopian Airlines Group this week disclosed that the introduction of electronic visa (e-visa) service has enabled hundreds of thousands of international visitors to easily enter the country. The horn of Africa’s nation initially launched the e-visa initiative in June 2017, which was then only available to […]

Ethiopia secures $ 723 million in revenue from export

Ethiopia secures $ 723 million in revenue from export

By Tesfa-Alem TekleOctober 31, 2019 (ADDIS ABABA) – Ethiopia’s Ministry of Trade and Industry on Thursday disclosed  that nation has earned $ 723 million in export revenue in the first quarter of the 2012/13 (Ethiopian calendar) fiscal year. According to a report released by the Ministry, the amount of revenue earned during this reported period […]

Ethiopian Airlines launch passenger flight to Bengaluru

Ethiopian Airlines launch passenger flight to Bengaluru

Ethiopian AirlinesOctober 29,2019 Ethiopian Airlines, the Largest Aviation Group in Africa and SKYTRAX Certified Four Star Global Airline, has launched a passenger flight to Bengaluru, India on 27 October 2019. The capital of the Indian state of Karnataka, Bengaluru is dubbed ‘Silicon Valley of India’ and serves as the center of technology and innovation. Commenting […]