Ethiopia Gears Up to Host Global Logistics Leaders in 2027


Ethiopia Gears Up to Host Global Logistics Leaders in 2027

Logistics professionals are gearing up to discuss industry developments and strengthen international ties, as Ethiopia hosts the 64th World Congress of the International Federation of Freight Forwarders Associations (FIATA) after two years. The move is expected to benefit the logistics sector and broader economy, with 1,500 to 2,000 participants expected from around the world. The Congress has been held continuously for 61 years since its inception in Vienna. Ethiopia will become the third African country, following Egypt and South Africa, to host with the Ethiopian Freight Forwarders & Shipping Agents Association (EFFSAA) leading the initiative as a member of FIATA. According to Dawit Woubishet, president of the Association, their main objective is to improve the logistics space by focusing on advocating for the logistics sector, building capacity among its members, and facilitating networking opportunities. He noted that the conference will create business prospects for logistics providers, enabling local companies to partner with foreign organizations and leverage their knowledge and expertise. The conference is expected to attract foreign direct investment and create job opportunities through showcasing logistics capabilities, and strengthening trade relations, particularly within the African Free Trade Area. The influx of international participants is also foreseen to boost the tourism industry, contributing to the country's revenue. "It'll enable the country to adopt successful practices from those with advanced logistics industries," Dawit said.

[ssba-buttons]

Radar

Construction Sector Faces 'Serious Trouble,' Minister Warns

The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material costs. Speaking at the opening of the BIG 5 Construct Ethiopia expo and the inaugural East African Infrastructure & Water Expo at Millennium Hall last week, Chaltu stressed the need for concerted efforts from government, private sector, and international partners to support the 67 billion dol...


Radar

Wegagen Bank, Gift Real Estate Partner to Promote Diaspora Homeownership

Wegagen Bank S.C. and Gift Real Estate Plc. signed a Memorandum of Understanding (MoU) on June 23, to offer housing loans for homebuyers, with a special focus on the Ethiopian diaspora. The agreement enables eligible diaspora members to access loans covering up to 80pc of a home's value at reasonable interest rates. The bank's Deputy CEO Kidane Gebreselassie noted the deal will promote the real estate sector and expand homeownership options. Founder and CEO of Gift Real Estate, Gebreyesus Igata...


Radar

Jimma University Signs Sports Science Agreement to Strengthen National Programmes

Jimma University has signed a four-party Memorandum of Understanding (MoU) with the Ethiopian Academy of Sciences, Derartu Tulu Sports Training & Research Institute, and the Oromia Youth & Sport Bureau to advance Ethiopia's sports science and training capacity. Signed on June 26, the agreement includes joint research, shared facilities, and hosting of national and international competitions. It is expected to strengthen youth development, public health, and national pride through coor...