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Japanese city offers startup visa as nation debates immigration

A thriving city in central Japan, Kobe, has taken a daring move to offer what is called a startup visa program, a one-year visa package, for enterprising young business leaders wanting to setup shop in Japan, as the administration of Prime Minister Shinzo Abe tries to manage the fallout from another (national) program which offered a five-year Japanese visa for semi-skilled workers around world to curb the crippling labor shortage in the country.

Chinese corporate leaders strengthen ties, trade relations

A large delegation of Chinese corporate leaders from the Shandong region has visited Ethiopia this week. Headed by the China Council for the Promotion of International Trade of Shandong Sub-Council, the delegates met with their counterparts in Ethiopia and held a Shandong Ethiopia Business Forum in the capital.

Container pilferage takes toll on coffee exporters

Coffee exporters have been suffering from and grappling with theft and fear of escalated reputation distortion, as container pilferage continues to cause considerable losses to bagged and containerized coffee, The Reporter has learnt.

Japan trips over African indebtedness to avail ODA through TICAD VII

With less than two months left until the upcoming Seventh Tokyo International Conference on African Development (TICAD), which is scheduled to be held in the Tourist-marvel city of Yokohama, the Japanese foreign assistance apparatus is still pondering over the level of envelope Official Development Assistance (ODA) package for African economies, to be announced for the coming three years.

EU pledges EUR 40 bln grant through AfCFTA

During a two-day Africa Continental Free Trade Area (AfCFTA) regional Trade Forum on the Horn of Africa, the European Union (EU) has pledged it will grant Africa with EUR 40 billion to help create 10 million jobs.

Aschalew Belay acquires Bambis Supermarket

Bambis supermarket – The age defying supermarket – has been sold to Aschalew Belay, a local entrepreneur and owner of Belay Ab Car Assembly and the local Golden Tulip chain hotel in the capital.