FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo


TRANSPORT STRATEGY

Dagmawit Moges (left), minister of Transport, greets Kelemwork Tessema, president of the Addis Abeba Women Entrepreneurs Association

TRANSPORT STRATEGY

Dagmawit Moges (left), minister of Transport, greets Kelemwork Tessema, president of the Addis Abeba Women Entrepreneurs Association, in typical social distancing style during a meeting held to discuss the Transport sector's 10-year prospective development plan at Capital Hotel, on August 18, 2020. Like other government agencies, the Transport Ministry has been holding discussions on its sector-specific development strategy, which is currently under draft.

Radar

Parliament Nods Loan Agreement with South Sudan

In a parliamentary session last week, MPs approved a 738-million-dollar loan agreement with South Sudan. The federal body ratified the proposed bill which looks to establish road infrastructure linking the two countries. The project aims to create accessible transport routes that will enable trade, reduce logistical bottlenecks, and facilitate the movement of goods and people across borders. It is expected to be managed collaboratively, with the South Sudan Roads Authority overseeing activities...

Read more >>

Radar

AfCFTA Strides, National Implementations Fall Behind

The 15th Council of Ministers Meeting of the African Continental Free Trade Area (AfCFTA) convened in Addis Abeba last week, bringing together stakeholders to discuss boosting trade integration and sustainable development on the continent. The AfCFTA aims to transform small and fragmented markets into a single market of over 1.4 billion people, looking to ensure heightened growth and development. It will enhance Africa's collective bargaining power on the global stage and aligns with the commitm...

Read more >>

Radar

MOENCO Moves to Control BYD Ethiopia Presence

MOENCO, a subsidiary of Inchcape Plc, has partnered with BYD to become the official distributor of the latter's electric and hybrid vehicles in Ethiopia. This is Inchcape's third partnership with BYD, as the company already distributes BYD vehicles in Singapore, Belgium and Luxembourg. MOENCO will begin offering the vehicles in December 2024. The company stated it will provide comprehensive sales and after-sales support, including warranty, genuine spare parts, and quality maintenance. Moenco, o...

Read more >>

Back
WhatsApp
Telegram
Email