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Tag Archives: Ethiopia

Ethiopia-China on Dynamic Economic Relations: Mekonen

Ethiopia and China started economic relations about 100 B.C when the Han dynasty of China and the Axumite empire of Ethiopia had trade exchanges. The two countries had made official relationship when they opened embassies in their respective capitals beginning from 1972. This relationship has reached a greater level over …

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African travel companies more excited with Chinese visitors?

Africa is becoming an increasingly popular holiday destination among adventure-seeking Chinese tourists. The numbers of visitors who went to Africa in 2016 was up sharply due to looser visa restrictions and new direct flights between China and Ethiopia, Kenya and South Africa among other popular destinations. Chinese arrivals in South …

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Ethiopian parliament approves infrastructure loan agreement with Chinese bank

Ethiopia’s parliament on Tuesday approved a 250-million-U.S.-dollar loan agreement made with China’s Export-Import (Exim) Bank to finance major infrastructure construction in the country. The loan agreement, already approved by the Ethiopian House of Peoples’ Representatives, the lower house, would finance supply and construction of 400-kv power transmission projects of Genale …

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Africa lauds China’s move to close ivory market trade

A coalition move of 15 African countries on Friday welcomed China’s commitment to closing its domestic ivory markets by the end of 2017, saying the move signals Beijing’s goodwill in protecting Africa’s elephants. The countries that are members of the Elephant Protection Initiative (EPI) said in a joint statement issued …

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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 continue to make Africa’s journey a smooth ride

A number of Chinese projects continue to spiral in various parts of Africa, however railway infrastructure help to boost major development as part of Sino-African cooperation. There has been a number of major Chinese-built or funded projects from South, East to North and West African countries including in the sub-Saharan …

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Ethiopia hails Sino-Ethiopian cooperation in various areas

Ethiopia and China have been cooperating in various development areas, benefiting the people of both countries, and such cooperation would be a model for bilateral relations between countries, Ethiopian finance minister said on Thursday. Abraham Tekeste, Ethiopian Minister of Finance and Economic Cooperation, made the remarks during a handing over …

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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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China and Ethiopia boost military ties – Fan Changlong

Military relations between China and Ethiopia have deepened with frequent high-level visits and cooperation in training, medicine, roles in United Nations peacekeeping missions and other fields, said Fan Changlong, vice-chairman of China’s Central Military Commission. Fan paid an official visit to Ethiopia from Nov 21-23 and held talks with Ethiopian …

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Chinese firm to build pharmaceutical plant in Ethiopia

A cornerstone-laying ceremony was conducted on Tuesday to establish a Chinese-invested pharmaceutical plant in Dukem town, about 40 km south of Addis Ababa, Ethiopia’s capital. With an investment of 85 million U.S. dollars from a Chinese firm based in southwest China’s Chongqing Municipality, the multi-million dollar plant, Sansheng Ethiopia Pharmaceuticals …

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Ethiopia, China Furthering Cooperation

Prime Minister Hailemariam Dessalegn said Ethiopia and China are keen to further strengthen their economic cooperation as the two countries signed agreements in various areas including investment, infrastructure, industry and technology. Holding talks with Chinese President Special Envoy and National Development and Reform Commission Chairman Xu Shaoshi yesterday, Prime Minister …

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Ethiopia Sees China As a Serious Development Partner

Ethiopia sees China as a serious development partner, says Ethiopian State Minister of Finance and Economic Cooperation Ahmed Shide. The Ethiopian minister made the remarks at a reception co-hosted by the Chinese Embassy in Ethiopia and the Mission to the African Union (AU) on Thursday to mark the 67th anniversary …

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China empowers a million Ethiopians: ambassador

Ethiopians

There are about 60,000 Chinese living in Ethiopia who are involved in everything from telecommunications to railways, and employing or partnering with up to one million Ethiopians. This dispelled the criticism by some that China largely had a business relationship based on the extraction of resources, China’s ambassador to Ethiopians …

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