China

South Sudan Partners with China to Build Oil Pipeline through Ethiopia

South Sudan Partners with China to Build Oil Pipeline through Ethiopia

South Sudan, one of Africa's oil-rich nations, has historically supplied its crude oil to the global market via Sudan. However, the ongoing civil war in Sudan between the Sudanese national army and the Rapid Support Forces (RSF) has severely disrupted the oil transmission route to Port Sudan. The conflict has resulted in significant damage to the oil pipeline, leaving South Sudan seeking alternative routes to maintain its vital oil exports. In response, South Sudan is now planning to build a new oil pipeline that will pass through Ethiopia and extend to the Port of Djibouti, securing its access to international…
Read More
Paris Club and China Approve New IMF Loan for Ethiopia

Paris Club and China Approve New IMF Loan for Ethiopia

The International Monetary Fund (IMF) halted loans and aid to Ethiopia following the outbreak of war in northern Ethiopia in 2019. After the peace agreement ended the two-year conflict, Ethiopia requested a new loan from the IMF, including the previously blocked funds. However, repeated discussions did not yield the expected results. Before the IMF could approve the loan, the Paris Club, a group of 20 developed creditor countries, needed to evaluate and approve Ethiopia’s request. Bloomberg reported that the Paris Club assessed Ethiopia’s repayment capacity and granted permission to the IMF to proceed. In addition to the Paris Club, China,…
Read More
China Graduates BA Degree Students Taught in Amharic

China Graduates BA Degree Students Taught in Amharic

On June 28, 2024, China celebrated the graduation of undergraduate students who were taught in Amharic, the national language of Ethiopia, in Beijing. This milestone event was held at Beijing Foreign Studies University (BFSU). BFSU, known for its diverse language programs, saw its first cohort of Amharic language students graduate yesterday. Representatives from the Ethiopian Embassy in China attended the ceremony, highlighting the significance of this achievement. The Embassy expressed gratitude to BFSU for offering Amharic language courses, emphasizing that this initiative will strengthen the cultural and interpersonal connections between Ethiopia and China. Beijing Foreign Studies University is the only…
Read More
Ethiopia Lifts Ban on Volkswagen Electric Vehicles

Ethiopia Lifts Ban on Volkswagen Electric Vehicles

The ban that had been placed on Volkswagen ID Series electric vehicles from entering Ethiopia has been officially lifted. The Ministry of Transport and Logistics had enforced the ban in June 2023, prohibiting the importation of these electric vehicles into the country. The German-manufactured Volkswagen ID Series, imported from China to Ethiopia, faced restrictions due to concerns about the compatibility of its battery with Ethiopia's climate. Abera Mosisa, the Executive Representative of the Public Transport and Vehicle Leader at the Ministry of Transport and Logistics, highlighted that the initial ban was based on a complaint stating that the batteries of…
Read More
A Six Billion Birr Steel Manufacturing Industry Commences in Mekelle, Tigray

A Six Billion Birr Steel Manufacturing Industry Commences in Mekelle, Tigray

A collaboration between Ethiopian and Chinese investors, a groundbreaking steel production industry, valued at 6 billion birr, is set to be established in Mekelle city. The project, slated for completion within ten months, marks a pivotal moment in the efforts to revitalize the region's and country’s economy. The interim administration head of the Tigray Region, Mr. Getachew Reda, emphasized the positive impact of the Legend Steel Industry on job creation for the local youth. This private association is spearheading the development, and its commitment to generating employment opportunities has garnered support from both private and associational investors. Engineer Yared Tesfaye,…
Read More
Prime Minister Abiy Ahmed heads to China

Prime Minister Abiy Ahmed heads to China

China's Belt and Road Initiative (BRI) Annual Conference will be held in Beijing from October 17-19, 2023. Many world leaders, including Russian President Vladimir Putin, are heading to Beijing to attend the summit. The Prime Minister's Office has announced that Prime Minister Abiy Ahmed is headed to China to participate in this conference. China is one of the main lenders to Ethiopia, especially for airport expansion, and road and dry port development. After the Ethiopian economy was affected by the war and COVID-19, Prime Minister Abiy Ahmed's government is under debt pressure and is asking for an extension of the…
Read More
Huawei launches ICT Competition for 2023–2024

Huawei launches ICT Competition for 2023–2024

Huawei Ethiopia organized the ICT competition winners award ceremony with the objectives of recognizing the 7th Huawei ICT Competition winner students and motivating others today in Addis Ababa. Huawei ICT Competition for 2023–2024 is also launched. Huawei Technologies has been running the 7th Huawei ICT Competition 2023 in collaboration with the Ethiopian Ministry of Education, which has attracted over 1500 university students. Dr. Solomon Abraha, ministry of Education, CEO governance and infrastructure awarded 18 students at the ceremony. Nine global final competition winners received Huawei tablets, while the rest of the regional competition winners received Huawei armbands. Dr. Solomon, stated during…
Read More
BRICS commences annual summit in South Africa

BRICS commences annual summit in South Africa

BRICS, which was formed 15 years ago by Brazil, Russia, India, China and South Africa, is holding its annual summit in Johannesburg. The 15th BRICS leaders’ summit was attended by Chinese President Xi Jinping, Indian Prime Minister Narendra Modi, Brazilian President Lula da Silva and South African President Cyril Ramaphosa. Russia is represented by Foreign Minister Sergei Lavrov, and President Putin delivered a speech via the Internet. South Africa, the host of the conference, has invited more than 60 countries and all African leaders have been invited to attend the summit. More than 40 countries of the world, including Ethiopia, have…
Read More
Ethiopia allocates $34 million to buy new vehicles

Ethiopia allocates $34 million to buy new vehicles

Three Chinese authomative companies agreed to sell 312 vehicles to Ethiopia The Chinese automotive companies named Zhongton Shanxi and Shanghai have won the international tenders issued by Ethiopia to purchase vehicles. Ethiopia has allocated a budget of $34 million for the purchase of the vehicles. The Government Procurement Service, at the request of the Ministry of Finance, issued a tender for the purchase of vehicles for the federal offices and universities. The number of vehicles to be purchased is 312 and they are powered by electricity and fuel. $34.1 million will be spent on the purchase of vehicles, of which…
Read More
Ethiopia earns $300,000 from donkey meat export

Ethiopia earns $300,000 from donkey meat export

China is the major donkey meat destination and the demand is increasing drastically. According to Ethiopia Animal Authority, in the 2022/23 Ethiopia earned $300,000 by exporting donkey meat to Hong Kong. The authority deputy head Dr. Sahlu Mulu said that, apart from donkey meat, countries like China use donkey skin extensively for medicine, so the meat product was sent to Hong Kong. They added that the income was obtained by exporting 140 tons of donkey meat to the foreign market in the last financial year. The institute has planned to export 600 tons of donkey meat in the fiscal year.…
Read More