FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds



Institute Introduces Marks for Imports Goods


Institute Introduces Marks for Imports Goods

Initiative Aims to Enhance Product Quality and Facilitate Global Trade Integration The Ethiopian Standards Institute (ESI) has announced the upcoming implementation of a new standard mark for imported products, which will enable consumers to easily distinguish them from locally manufactured goods. This initiative is part of ESI’s broader strategy to ensure product quality and safety. Authorities emphasise that the introduction of this mark aligns with Ethiopia’s ongoing efforts to agree to the World Trade Organization (WTO). By adopting international standards and regulations, Ethiopia is demonstrating its commitment to global trade practices. According to the WTO Agreement on Technical Barriers to Trade, member nations are encouraged to utilise relevant international standards as a foundation for their technical regulations, provided such standards are effective and suitable for local conditions. The ESI believes that the implementation of the standard mark will assist Ethiopia in joining the ranks of other member countries that have adopted similar import standards. This, in turn, is expected to support the country’s trade credibility and facilitate smoother access to international markets. The newly designed standard mark will soon be applied to imported items meeting the necessary criteria, ensuring they are clearly identifiable and subject to regulation alongside local products. This initiative mandates that imported goods adhere to the Institute’s standards before they can receive the mark, effectively aligning the quality of imported items with that of domestic offerings.

[ssba-buttons]

Radar

Federal Prosecutors Accuse Public Officials, Contractors of Corruption, Alleged Illicit Fund Transfers

Federal prosecutors have filed corruption and money laundering charges against 11 defendants, including Nigstu Bogale, Coordinator of the Development Project for Response to the Impact of Refugees in the Horn of Africa at the Ministry of Agriculture, Biniyam Fantaye and Taye Habte, senior irrigation engineers involved in the Development Response to Displacement Impacts Project (DRDIP-II), as well as private individuals and construction company representatives. The case alleges losses and illicit...


Radar

EIH Transitions to New Headquarters as It Oversees Major State-Owned Enterprises

Ethiopian Investment Holdings (EIH) is relocating its headquarters from its current site on General Wingate Street. The former headquarters was located behind the Ministry of Industry and near Abrehot Library. The new office is expected to be on Mozambique Street, along the route from Mexico Square to Bulgaria Road. The building belongs to one of EIH's subsidiaries, and all departments are set to move there as interior design and finishing works continue. Under the leadership of Brook Taye...


Radar

Import Substitution Push Lifts Domestic Manufacturing, Industrial Recovery

A push for import substitution and industrial expansion has prioritised 96 strategic products for local manufacturing. The “Ethiopia Tamirt” initiative reports 4.85 billion dollars in savings, supported by trade fairs linking local producers to domestic and international markets. On average, 700 new projects enter the market annually, contributing to more than 2,800 investments over four years. At the grassroots level, 18,000 SMEs have been established, while 993 dormant factories have...