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).

  • Kenya Is The Epicenter Of Beauty In East Africa

    Posted on :Friday , 5th July 2024

    Kenya has been an important player in the East African area and a developing hub for the global beauty industry in recent years. Kenya's beauty and personal care market is expected to increase at an annual rate of 6.78% with a current valuation of $2.3 billion, according to Statista. Kenya is beginning to emerge as a beauty hotspot in the region, with major competitors like Ethiopia, which is p. . .

  • Microsoft And G42 Are Planning A $1 Billion Investment In Kenya's Digital Economy

    Posted on :Monday , 3rd June 2024

    Microsoft and UAE-based artificial intelligence (AI) leader G42 have unveiled a historic digital transformation plan for Kenya, with the latter promising a $1 billion initial investment.


    Kenya's Ministry of Information, Communications and the Digital Economy is leading the project, which intends to greatly improve the nation's digital infrastructure and give its people more c. . .

  • In Order To Accelerate Digital Transformation In Africa, Ericsson And MTN Group Have Extended Their BSS Modernization Agreement.

    Posted on :Tuesday , 5th March 2024

    Using Ericsson Charging and Ericsson Mediation, together with Ericsson Dynamic Activation, MTN Group is developing and investigating new and inventive capabilities, including 5G and IoT use cases.  


    The collaboration paves the way for MTN Group's sustained success and expansion as it pursues its Ambition 2025 vision and moves closer to being a cloud-native organization.<. . .

  • 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. . .


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