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




Ethio-China Partnership Eyes Belt & Road Projects

Mar 23 , 2024


[ssba-buttons]

A consensus to intensify efforts on key projects of road infrastructure, railway development, and agriculture was reached with a high-level Chinese delegation last week. They convened to discuss new economic cooperation initiatives, particularly focusing on Belt and Road Initiative (BRI) projects with officials at the Ministry of Finance. Xu Jianping, head of the Chinese delegation and director general of the National Development and Reform Commission, emphasised a commitment to Ethio-China economic cooperation. He proposed the establishment of a working group to facilitate the implementation of crucial BRI projects. The outcomes of these discussions are set to be presented at the upcoming Forum on China–Africa Cooperation (FOCAC) meeting, where both parties aim to finalize agreements for signature. Semereta Sewasew, State Minister of Finance for Ethiopia, underscored the "All-Weather Strategic Partnership" between the two countries and stressed the importance of leveraging strengths.


Radar

Coffee Export Platform Links Ethiopian Roasters with Overseas Consumers

Ethiopian coffee roasters have gained a direct route to international consumers through a multi-brand e-commerce export platform launched by DHL Express Ethiopia and EXM Global PLC. The companies say it is the first platform of its kind in Ethiopia. Bringing together 10 Ethiopian coffee brands in a single digital marketplace, the platform enables overseas customers to order freshly roasted coffee in quantities ranging from speciality retail purchases to larger commercial volumes. DHL Express...


Radar

Addis Abeba Clears 59Km of Rivers, Remains Short of Halfway

Addis Abeba has completed 59Km of river cleanup and development work, although total coverage has yet to reach 50pc. Mayor Adanech Abebe said the 59Km stretch was transformed in one and a half years as she presented a comprehensive review of the city's strategic plan from 2022 to 2026. Mayor Abebe described the progress as a major "breakthrough", saying the work relied entirely on the city's funding, engineers, architects and workers. By comparison, she said, a world-renowned foreign contract...


Radar

Kisse Platform Brings Collateral-Free Microloans Through Agent Network

Mefithe Microfinance S.C., MZ Tech, and Arifpay Financial Technologies S.C. have launched “Kisse”, an agent-powered digital microloan platform designed to expand access to finance for micro and small enterprises. Through trained local agents, borrowers can apply for collateral-free, short-term business loans. Once approved, the funds are transferred to mobile wallets or bank accounts through Arifpay's payment gateway. The partners said loans can be disbursed within hours. Under the par...