A survey commissioned by the Pan-African Private Sector Trade and Investment Committee (PAFRAC) and conducted by the African Business magazine in partnership with Afrexim Bank, has revealed that African CEOs are explicitly calling for a fairer system in the global trade.
The Ministry of Trade and Industry said some 7,000 businesses have been shut-down. The businesses were found to be hoarding goods, mostly hygienic and sanitary products, and inflating prices on the back of the coronavirus outbreak.
Destined to be held in Washington DC, Ethio-US 2020 trade fair is set to facilitate business opportunities for 200 local companies in a bid to revitalize the African Growth Opportunity Act (AGOA) which is drawing to its deadline in five years.
A persistent issue in many parts of Ethiopia, the Ethiopian Customs Commission is partnering with Spotlight Communication and Marketing to look at the impact and end contraband to end illegal trade within the eastern part of Ethiopia where the issue has had more impact.