by AllureAdmin | Apr 19, 2022 | Business
Ethiopia partners with POSCO, a South Korean steel manufacturer, to replace metal & metal products imports. POSCO is involved in exports, imports, triangular trade, and domestic sales of steel products and is one of the largest steel manufacturers globally....
by AllureAdmin | Apr 8, 2022 | Business
Each year “Addis Weg” (Addis Talks) facilitates a roundtable discussion with various experts held at the Office of the Prime Minister of Ethiopia. This year’s theme was the factors that cause a rise in the cost of living and measures for solving...
by AllureAdmin | Feb 7, 2022 | Tech
Kuva launches Kuva Local in Ethiopia, Kenya, Namibia, and South Africa to facilitate diaspora trade. Kuva, the decentralized finance (DeFi) peer-to-peer payments network, created Kuva Local with an exclusive partnership with Alliance Insurance. Users can add...
by AllureAdmin | Jan 10, 2022 | African News
The 69% increase in iron and steel imports shot up Kenya’s import bill and placed iron and steel products in third place after petroleum and machinery imports. KNBS reported that the total value of imports amounted to Sh541.9 billion in the third quarter of 2021...
by AllureAdmin | Nov 30, 2021 | Business
The African Export-Import Bank (Afreximbank) has pledged US$500 million to support Ethiopian commercial banks through the Afreximbank Trade Facilitation (AfTRAF) Program, which includes a variety of products aimed at increasing intra-extra African trade volumes,...
