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China sends business delegates

A group of 100 Chinese, representing 57 companies, arrived in Addis and held a series of meetings with officials and local businesses. On Friday, a meeting dubbed “China Zhejiang- Ethiopia Trade and Investment Symposium,” was held and accompanied with the launch of a Liaison Office for Commerce and Trade Arbitrations.

Another real-estate controversy

Fearing foreclosure on properties they bought as far back as 14 year ago, dozens of people, clients of O–LOGO PLC, a real-estate company owned by an Ethiopian-Italian, are in desperate mode and are asking for government intervention as the company that sold them their properties lost a court battle at the Civil Bench of the Federal High Court, Lideta Division on Thursday, where he tried to transfer some of its debts to a new sister company, O-LOGO Construction.

Ethiopian declares strong performance amid turbulent times

Ethiopian Airlines on Thursday disclosed that it was on the right track to achieve all the development targets set in the Vision 2025, a 15-year growth roadmap launched in 2011 in spite of the turbulent time the global airline industry is navigating through.

PetroChina wins fuel tender

The Chinese oil firm, PetroChina, has won the bid put by the Ethiopian Petroleum Supply Enterprise (EPSE) for the supply of fuel in 2019.

UNDP, gov’t joint program honors entrepreneurs

The Entrepreneurship Development Center (EDC), a joint program of the United Nations Development Program (UNDP) and the Government of Ethiopia through the Ministry of Urban Development and Housing, highlighted the work of a number of individuals who have embraced the ideas of entrepreneurship and as role-models for young people intent on following in their footsteps at a sold-out event at Hilton Addis on Thursday.

Departure from developmental state

Following it landmark decision to continue its long-severed budgetary support for the Government of Ethiopia (GoE) in tune of USD 1.2 billion, the World Bank Group (WBG) is very optimistic in what it called a “structural reform process” the administration of Prime Minister Abiy Ahmed (PhD) is embarking up on to the point where it is convinced that the intentions of the GoE with regards to some of the key service sectors like telecom and logistics is to implement a concrete liberalization and opening up measures.

Agency unveils digital procurement strategy, roadmap

The Federal Public Procurement and Property Administration Agency (FPPA) along with its key partner organizations, on Thursday unveiled a five-year Electronic Procurement Strategic Document and Action Plan, which is said to implement an electronically aided procurement dubbed e-GP or [e-Government Procurement].