British Foreign Secretary, Philip Hammond, who visited Ethiopia on Wednesday, said on a press release that he is satisfied with the condition of Andargachew Tsige, a British national and secretary general of Ginbot 7, a group labeled as a terrorist organization by the House of People’s Representatives (HPR), and is currently under custody in Ethiopia since July 2014.
IMF warns of further deteriorating economy in South Sudan
The International Monetary Fund (IMF) has warned of further deteriorating economic situation in South Sudan unless quick economic reform policies were adopted and political environment eased.
YOUNGONE Corporation, a South Korean textile group with overseas production plants in Bangladesh, Vietnam and El Salvador and with an export revenue from its Bangladesh plant alone nearing one billion dollars, has entered the Ethiopia market by leasing a factory shade in Bole Lemi Industrial Zone, it was learnt.
Led by Hunan Provincial Government, the branch of the Chinese Export and Import Bank (Ex-IM Bank of China) pledged to extend USD one billion for the construction of an industrial park expected mainly to host Chinese enterprises.
Ethiopia’s foreign minister and previous health minister, Tedros Adhanom (PhD), has officially announced his campaign to be Africa’s first and only candidate for the post of director-general of the World Health Organization (WHO).
Canon, the Japanese imaging and optical products manufacturer, this week introduced three new printers – the PIXMA G1400, PIXMA G2400 and PIXMA G3400 – to the East African market targeting Ethiopia, Kenya, Uganda, Tanzania, Eritrea and Djibouti.