Market News | Ethiopia International Trade Exhibition (EITE) 2025

Market News

Ethiopia and Africa market

In 2016 Ethiopia imported $17.9B, making it the 75th largest importer in the world. During the last five years the imports of Ethiopia have increased at an annualized rate of 14.7%, from $8.83B in 2011 to $17.9B in 2016.

The top import origins of Ethiopia are China ($5.46B), the United States ($1.54B), India ($1.3B), Kuwait ($1B) and Italy ($700M).

  • Africa Climate Summit Will Call for Investment in the Region

    Posted on :Tuesday , 12th September 2023

    According to Kenya's president, Africa has the opportunity to "guide the globe" in terms of climate change. As he got ready to kick off a historic climate summit in Nairobi, the goal was to reposition the continent as a burgeoning hub for renewable energy.

     

    The inaugural African Climate Summit comes before a flurry of diplomatic gatherings running up to the COP28 climate summi. . .

  • Kenya Signs Three Trade Agreements for Green Investments

    Posted on :Tuesday , 12th September 2023

    With the goal of transforming food security and air travel, Kenya has signed three agreements with Sweden, South Africa and Hong Kong that promote environmental protection.

     

    This occurred at a pre-African Climate Summit side event in Nairobi in 2023.

     

    As part of the agreement with the Swedish company Cool Go Green, food preservation will be powered by sunshin. . .

  • Ethio-Russia Joint Ministerial Commission Meeting in Addis Discusses Trade and Scientific Cooperation

    Posted on :Tuesday , 27th December 2022

    The Ethiopian Ministry of Foreign Affairs in Addis Abeba opened the 8th Joint Ministerial Commission (JMC) meeting between Ethiopia and Russia.

     

    The three-day joint ministerial commission conference covered topics pertaining to economic, scientific, technical, social, and commercial issues between the two countries, according to MoFA.

     

    High-ranking representa. . .

  • Ethiopia apprised trade promotion agreements with Pakistan

    Posted on :Friday , 4th November 2022

    The Ethiopian Ambassador, Jamal Beker Abdula, has informed the government of Pakistan that seven to ten agreements pertaining to trade promotion, political consultation, defence cooperation, aviation, technology transfer, and others will be signed within the next month or two to help connect the two countries and promote economic exchange.

     

    "Ethiopia's economy is import-driven. . .

  • Ethiopia witnesses an increase foreign direct investment.

    Posted on :Monday , 10th October 2022

    Ethiopia attracted approximately 3.31 billion US dollars in Foreign Direct Investment (FDI) in the Ethiopian fiscal year 2021/2022, according to the Ethiopia Investment Commission (EIC).

     

    In a press release, EIC stated that 168 investors obtained investment licences during the fiscal year 2021/2022, with 100 investors obtaining investment licences in the manufacturing sector, . . .

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