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Tag Archives: Addis Ababa

China, AU Vow Deepened Cooperation Towards Common Development

China and the African Union (AU) have expressed commitment to strengthening their varied cooperation towards achieving common development and prosperity. This came on Wednesday when visiting Chinese Foreign Minister Wang Yi met and held talks with Chairperson of the AU Commission, Moussa Faki Mahamat, at the AU headquarters in Ethiopia’s …

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Ethiopian Airlines to add direct flight to Chengdu

Ethiopian Airlines recently announced expansion of its network to Chengdu, the capital city of southwestern Sichuan province, marking the fifth Chinese city in the airline’s expanding map. The new flight is due to start on June 5 and will fly between Ethiopia’s capital, Addis Ababa, and Chengdu. It will be …

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China hands over hydropower rehabilitation project to Ethiopia

China on Thursday handed over a hydropower plant rehabilitation project to Ethiopia. With an installed generating capacity of 6.6MW, the Aba-Samuel Hydropower Plant Rehabilitation Project was carried out in two years by PowerChina Huadong Engineering Corporation, for which the Chinese government provided a grant amounting to 95 million yuan (around …

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Chinese firm provides scholarship for Ethiopian university students

A Chinese heavy machinery manufacturing firm, Xuzhou Construction Machinery Group (XCMG), has launched a three-year scholarship initiative to financially benefit outstanding Ethiopian university students. The sponsorship, launched on Tuesday, is part of XCMG’s global initiative to realize its motto, “XCMG, Making a Better World,” in which six countries had been …

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China keen to take Sino-Ethiopia relations to new height: envoy

Sino-Ethiopia relations

Sino-Ethiopia relations China has expressed its commitment to enhance Sino-Ethiopia relations to a new height, the Chinese ambassador said. Chinese Ambassador to Ethiopia La Yifan stressed that Sino-Ethiopia relations have been flourishing, particularly, against the backdrop of the latest Forum on China-Africa Cooperation (FOCAC) summit held in Johannesburg last December. …

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Africa’s Growth Stays Strong Even as China Slumps

Africa's growth

Africa’s growth; Strong investment flows to Africa will sustain high economic growth on the continent even amid low oil prices and a slowdown in China, African Development Bank President Akinwumi Adesina said. Africa’s growth may increase by 4.4 percent this year despite increasing current account and fiscal deficits caused by …

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