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Nyala Insurance commits to major investment in ESX
Nyala Insurance S.C (NISCO), a leading insurance company in Ethiopia, has committed to purchasing 20 million birr shares through a subscription agreement with the...
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Ethiopia explores fertilizer imports via Kenya’s Lamu Port
Ethiopia intends to import fertilizer via Kenya's Lamu Port in the near future. A week ago, delegations tasked with assessing the situation were in...
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Djibouti prohibits NVOCCs as Multimodal Operators
Djibouti's regulatory body announced that non-vessel operating common carriers (NVOCCs) are not permitted to serve as multimodal operators in Djibouti, even though the Ethiopian...
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AABE approves quality assurance manual
The Accounting and Auditing Board of Ethiopia (AABE), in partnership with the Pan African Federation of Accounting (PAFA), convened a workshop aimed at enhancing...
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Government urged to ensure equal competition in multimodal transport sector
By Muluken Yewondwossen
The government is said that it should be taking a strong stance on equal competition in the recently liberalized multimodal scheme, according...
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Government bureaucracy hindering Foreign Direct Investment
By Eyasu Zekarias
The Ethiopian government faces a pressing challenge in attracting new foreign direct investment (FDI) and fostering economic development due to bureaucratic delays...
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Ethio Djibouti Railway aims for 4.5 billion birr revenue
By our staff reporter
The Ethio Djibouti Railway Company Standard Gauge Railway Share Company (EDR) is targeting a revenue of 4.5 billion birr this year...
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New participants enter Ethiopia’s multimodal logistics market
By Muluken Yewondwossen
The Ethiopian logistics industry is poised for transformation as new participants enter the multimodal market, heralding an era of increased competition and...
