Secretary General Holds Discussion with Indian Delegation, August 6, 2018.

Three members of Indian delegation headed by Mr.Kapil Agrawal, Chief Executive Officer of Overseas Spinning in Aditya Birla Group, talked to Ato Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) about doing business on textile sector in Ethiopia on August 6, 2018 at his office.

Mr.Kapil Kapil has expressed about Aditya Birla Group and its interest especially in the textile sector for future investment in Ethiopia.

Ato Endalkachew on his part has provided information about the unexploited potential that exists in the textile sector, the conducive environment and incentives available in Ethiopia for foreign investors.

Aditya Birla Group is an Indian multinational company, headquartered in Mumbai, has interests in sectors such as viscose staple fibre, metals, cement , viscose filament yarn, branded apparel, carbonblack, chemicals, fertilizers, insulators, financial services, telecom, and IT services.

Ethiopia-Qatar Business Forum said to Strengthen Business Relation, July 30, 2018.

The Ethiopia-Qatar Business Forum organized by the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) with East Africa Gate (EAGate) and Qatari Development Bank (QDB) jointly, was held on 30th July, 2018 at Intercontinental Addis Hotel.

The event was aimed to further increase the business relation of Ethiopia and Qatar for their mutual advantage.

It was said that Ethiopia-Qatar Business Forum and the side line events can best be taken as good opportunity to further reinforcing bilateral relations and improving the business ties of the two countries.

Power point presentation regarding Ethiopia’s available business opportunities, market and other related topics has been presented. Business to business meeting was also arranged between representatives of the private companies from the two countries.

High ranking officials from both countries, over sixteen Qatari business companies engaging in areas of plastic, spring and foam matters, pillow, LED technologies, fiber glass reinforced plastic pipes and fittings, steel melting and hot rolling, wire and cable, manufacture of medical products, stainless steel door handles and glass accessories with their Ethiopian counterparts have attended the business forum.

ECCSA Holds Discussion with India ITME Society, July 23, 2018.

Melaku Ezezew (Eng.), President and Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), received five members of Indian delegation headed by Seema Srivastava, Executive Director of India International Textile Machinery Exhibitions Society (India ITME Society) on 23th of July, 2018 at the Board Room of ECCSA.

The two parties have discussed on the participation of the private companies on the 2nd Global Textile Technology & Engineering Show 2019 to be held from 18th-20th of Jan, 2019 in Mumbai and ITME Africa 2020 to be held from 14th -16th of Feb, 2020 in Addis Ababa.

India ITME Society plays a vital role in strengthening the domestic as well as international Textile Industry by facilitating exchange of knowledge, technology transfer & encourages Foreign Direct Investments & Joint Ventures.

ECCSA Receives German Delegate, July 23, 2018.

Ato Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) received Mr. Udo Traeger, Senior Exhibition Consultant in Exhibition Doctors from Germany on July 23, 2018 at his office and discussed on issues related to trade shows and exhibitions.

They have discussed on where and how exhibitions and tradeshows are organized in Ethiopia. It was also discussed that facility, regulation and capacity are core limitations in organizing trade shows in Ethiopia.

The Consultant is here in Ethiopia to look for facts/information in order to conduct a research on how trade shows and exhibitions are organized in professional manner.


President Holds Discussion with TDB Director, July 20, 2018.

Melaku Ezezew (Eng.), President of the Ethiopian Chamber of Commerce and Sectoral Associations received Mr. John Antoine Kevil Esther, Director of the Africa Trade and Development Bank (TDB) in Ethiopia on July 20, 2018 at his office.

They have discussed on the type of services the TDB offers and how the business community employs its loan service.

It was also said that the Bank is responsible to finance and foster trade, socio-economic development and regional economic integration through trade finance, project and infrastructure finance. It was learnt that TDB is an institution of COMESA and its head quarters are located in Burundi and Mauritius.


ECCSA Officials Hold Meeting with Turkish Delegation, July 16, 2018.

Melaku Ezezew (Eng.), President and Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) received seven members of Turkish delegation headed by H.E. Mr. Fatih Ulusoy, Ambassador of Turkey on July 16, 2018 at ECCSA Board Room and discussed on major challenges Turkish investors encounter in Ethiopia.

The two sides discussed on the major challenges related to raw materials, electricity supply, taxation, foreign currency, wages of laborers, costs of transportation on ports during export and import, LG gas, unnecessary bureaucracy and other problems that Turkish Investors in Ethiopia have been facing so far.

ECCSA officials finally have promised the delegation that they strongly work in partnership and further discuss on the problems with the concerned Ethiopian government bodies in order to bring sustainable solutions.

ECCSA Receives Austrian Delegation, July 13, 2018.



Ato Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) received a delegation headed by Mr. Werner Raza, Director of OFSE, Austrian Foundation for Development Research on July 13, 2018 at his office and discussed on leather industry and related issues.

The two parties have discussed and shared information on how the leather industry in Ethiopia obtains the necessary row materials, accessories, technologies, market destinations, partners to work in joint venture and others so as to further promote its export products.


2nd Ethiopian Business Run Colorfully Celebrated, June 17, 2018.


The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), in partnership with Federal Ministry of Industry (MoI), European Union, and United Nations Industrial Development Organization (UNIDO) organized the 2nd Ethiopian Business Run which was colorfully celebrated on Sunday 17th June of 2018 here in Addis.

On the road race which started and ended at Meskel Square of Addis Ababa, covering 5k.m. participants comprised from various public organizations such as Ministry of Industry (MoI), Ethiopian Investment Commission (EIC); international organizations such as European Union and UNIDO; Federal Metal and Engineering Corporation, Medroc Technology Group, Ethio Power Engineering, Sunshine Construction, among others, participated.


The event was intended and organized to achieve the objective of raising the public awareness on the country’s course of industrialization and promote the role and engagement of the business community in the industry sector.

On his welcoming speech, Melaku Ezezew (Eng.), President of ECCSA, stating that one of the duties and responsibilities of the Chamber is promoting trade and investment and enhancing the capacity of the private sector towards such responsibility so as to play a leading role in the national economy, he emphasized that this business run is part of such endeavors.


The guest of honor, Minister of Ministry of Industry (MoI), Dr. Ambachew Mekonnon, in his opening speech said the Ethiopian Business Run is part of the national endeavors being made towards industrialization. Besides, he also forwarded his compliments to ECCSA, the organizer of the event for the initiation.

Country representative of the European Union, Mr. John, also reflected the interest of EU in supporting the country’s industrialization endeavors.

Abay Bank, Derba Cement, Ethiopian Air Lines, Beaka General Business, Roha Pack PLT P. Company, Ethiopian Insurance Organization, Gomeju Oil Ethiopia, Ahadu PLT Company, Medroc Technology Group, D.H. Geda, NETCO Trading, Tsehay Industrial Share Company, Tamra Techno packaging, and Fana Broadcasting Corporate (FBC) sponsored the event.


Champion organizations and individuals of the 2nd Ethiopian Business Run were awarded Trophy of encouragement and participation; partners and sponsors also received an award of appreciation and compliments.










ECCSA Receives Delegation from S&P Rating Agency, June 13, 2018.


Endalkachew Sime, Secretary General of Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) talked to a two member’s delegation from “Standard and Poor’s Ratings Agency” on 13th of June 2018 on various business issues at his office.

Gardner Rusike and Zahabia Gupta, Associates- Sovereign and International Public Finance Ratings, from Offices of South Africa and Dubai, United Arab Emirates respectively, raised various questions related to the private sectors overall involvement in the economy and on the available benefits of financial, logistics and of other facilities to the private sector, to which the Secretary General provided a brief highlights.

The S&P rating is a credit score that describes the general creditworthiness of a company, city or country that issues debt. It is a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities

Meeting on Business Community Inquiries and Resentments Held, June 7, 2018.


The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), with the Ethiopian Revenue and Customs Authority (ERCA), jointly organized a meeting on inquiries and resentments of the business community on June 07, 2018.

The objective of the meeting was to respond to complaints and questions of the business community as per the direction given by the Prime Minister, Dr. Abiy Ahimed who discussed with the representatives of the private companies in Ethiopia on April 16, 2018 at Sheraton Addis Hotel.

Melaku Ezezew (Eng.), President of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) presented questions and complaints of the business community regarding tax free, auditing, voucher, VAT, customs and related issues which were responded by the concerned high ranking officials of ERCA.

After additional questions raised by the participants were responded, the next meeting was proposed to be held on June 12, 2018 in order to have enough time to collect additional questions, complaints and evidences from the business community and to provide relevant responses to each of them by the concerned officials.

Member Chambers Said to Further Strengthen Ties and Work Together, May 25, 2018.


Organized by the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), Member Chambers Forum was held on May 25, 2018 at Board Room of ECCSA.

The aim of the forum was sharing experience and exchanging information among Member Chambers.

It was said that Member Chambers and ECCSA should strengthen their relationships among themselves and work together in order to make the business communities more competent and realize being the engine of the economy of the country.

On the forum, high ranking officials of the regional chambers and sectoral associations, Members of Board of Directors and Management of ECCSA have shared their vital experiences and information on different issues of their respective chambers and associations and also deliberated on the revised Proclamation No. 341/2003 of the Chamber.

It was learnt that such kind of forum is organized twice a year.

Public Private Consultative Forum Organized, May 24, 2018.


The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), in partnership with the Ministry of Trade under the support of IFC- member of the World Bank Group, organized a Public Private Consultative Forum (PPCF) on the major challenges and solutions of milk, poultry and feed processing areas in Ethiopia on May 24, 2018 at Hilton Addis Hotel.

A power point presentation on the root causes, problems and recommended solutions in the businesses related to milk production, poultry farming and feed processing were presented and reflections have been made from both the private sector and the government sides, in the meantime, relevant inputs were identified so as to incorporate to the study.

A task force composed of seven members representing different sectors has also been established to follow up the implementation of the study.

High government officials, Members of Board of Directors of ECCSA, representatives from the business communities and stalk holders have participated actively on the forum.

Ethio-German Health Sector Business Forum Organized, April 26, 2018.


Ethiopia hosted the “1st Ethio-German Health Sector Business Forum” on 26 April, 2018 at Radisson Blue Hotel.

The objective of the forum is to create a platform for the business communities of Ethiopia and Germany to invest in health sector in partnership and further strengthen their economic ties.

Power point presentations regarding available investment opportunities in health and medicines in Ethiopia, Ethiopian investment environment, area of cooperation between the two countries, German healthcare industry, German healthcare market and other related topics were presented.

Panel discussions on “Investment, finance, and licensing of Ethiopia’s pharmaceutical manufacturing and healthcare; international trade regulations, international projects and capacity building program in Ethiopia’s health sector” and business to business meetings were also organized.

Senior government officials and representatives from private business companies of the two countries attended the business forum.

Ethio-Saudi Arabia B2B Held, April 25, 2018.


The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) in collaboration with the Embassy of Saudi Arabia organized Ethio-Saudi Arabia business to business meeting on 25th April, 2018 at the board room of ECCSA.

According to Mr. Riyad, head of the Saudi business delegation, the meeting was aimed to further strengthen the exciting business relation and establish new investments between Saudi Arabia and Ethiopia. He also said that Saudi has the vision of 2030 which basically focuses in increasing its relation with neighboring countries like Ethiopia that has plenty of business potentials in agriculture and other sectors.

Ato Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), on his part said that the two countries have got historical relationship which is not harnessed to economic advantage. The Secretary General further stated that Saudi Arabia is one of the strategic priorities of Ethiopia concerning agriculture and livestock products. He underscored Ethiopia has a lot of business opportunities to offer to Saudi Arabia.

On the meeting, detailed power point presentation about investment opportunities and incentives in Ethiopia, import and export items between the two countries was presented to Saudi business delegation and their Ethiopian counterparts representing various private business companies.

Prime Minister Dr. Abiy Ahmed, Government and the Private Sector Should Work Collaboratively, April 17, 2018.


Addis Ababa April 17/2018 Government and the private sector should work collaboratively to alleviate any problems in the private business environment and maintain the continuity of growth registered over the past years, Prime Minister Abiy Ahmed said.

In a consultative discussion he held with domestic and foreign investors yesterday, the Premier pointed out that "the prevailing challenges in the private sector should not be shouldered only to the government but we need to join hands to overcome them and move forward."

"The current shortage of foreign currency may continue to be a challenge over the coming 15-20 years," he said, and appealed to the business community to retrieve the money they have deposited in foreign countries and encourage the flow of remittance."

Abiy added that the government will firmly work to address the low project management skills, enhance productivity and market competitiveness of agricultural products in the years to come.

Speaking on the impediments of the financial and loan provision from banks, the Premier said "the two government owned banks will remain to intervene in special areas of development mainly due to limited sources."

Some 20 years back, government had been the sole exporter of coffee but now the participation of the private sector in the export of coffee is being encouraged and 15 private banks are already engaged in supporting the export sector, and added that "government intervention is limited in selected areas and will gradually phase out from the sector."

"Corruption has concurrently grown along with the development of the infrastructure sector over the past years," he noted, adding that "business persons should stand alongside the government in combating corruptors."

In its extended restructuring and evaluation measures, the government has admitted the prevalence of fraud and tax evasion, the Prime Minister said and added "we must not deny the fact that some if not all business persons have been dishonest in paying their income taxes."

Even though special privileges are needed to encourage domestic investors, foreign investors should also be provided with all the necessary incentives for they will facilitate the economic growth, create global market access, reduce unemployment and set the platform for the transfer of technology, he noted.

Instead of detesting the inflow of foreign investment you must move on to create joint-venture companies by cooperating with them, he added.

Furthermore, he urged the business community to carry out the responsibility of building national image considering themselves as ambassadors despite any differences they may have against the ruling party.

Mentioning government had not been able to fully empower women and utilize the uninterrupted potential they posses, Abiy said "soon the government will disclose new schemes to empower women and unleash their untapped potential."

According to Abiy, consultative forums about the financial and provision of land administration stumbling block of the private sector will be held with respective governmental bodies in the weeks to come.

Comprehensive works and concerted efforts will be exerted to maintain justice for citizens, scale up agricultural products by irrigating semi-arid areas, and ensure quality of education.

For this to happen, the Premier stated that structural reforms will be undertaken in the coming weeks in which priority will be given to agriculture, education and justice sectors.

ECCSA Officials Attending Belt and Road Trade & Investment Forum, April 12, 2018.




Engineer Melaku Ezezew, president of Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), with Ato Endalkachew Sime, Secretary General of ECCSA, Mr. Anthony Parkes, Director of World Chambers Federation and One of the member of the council of World Chamber Federation Attending Belt and Road Trade & Investment Forum, April 12, 2018, at Beijing, China.





Congratulations message, April 4, 2018.


The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) offers His Excellency Dr. Abiy Ahimed, Chairman of the EPRDF, its most sincere congratulations upon His appointment of new responsibilities as the Prime Minister of the Federal Democratic Republic of Ethiopia.

Following His Excellency’s appointment by the House of the Representatives on 2nd of April 2018, ECCSA gives its assurance that under His Excellency’s great leadership, wisdom and guidance, both the government and the privates sector ECCSA represents would further strengthen the bilateral cooperation in the national development endeavor.

Finally, ECCSA, hoping and looking forward to productive cooperation, wishes to have a successful mission.

ECCSA-IHK: Talk on Strengthening Cooperation, March 27, 2018.


Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), held on 27th of March, 2018 a short business cooperation conversation with Martin Fahling, Managing Director International Trade in IHK (Chamber of Commerce and Industry Reutlingen, Germany) at his office.

The officials discussed on areas of assistant engagement IHK may provide to ECCSA/BMOs.

The two sides agreed that they should strongly work basically in three core areas of strengthening regional integration, supporting the Public Private Dialogue (PPD), and capacity building, financial resources and technical supports.

ECCSA-India ITME Society: Partnership Discussion Conducted, March 26, 2018.


Melaku Ezezew (Eng.), President of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), along with Wubie Mengistu, Deputy Secretary General of ECCSA, received on 26th of March, 2018 a four member Indian delegation headed by S. Hari Shankar, Chairman of India International Textile Machinery Exhibitions Society (India ITME Society) at the Board Room of ECCSA.

The aim of the delegation’s visit is to look for business partnership among the respective businesses of the countries in the areas of textile sector.

Stating the untapped potential that exists in the textile sector and the priority given by Ethiopian government to the development of the industry, Melaku warmly welcomed the interest India ITME Society showed to build synergy between the textile industry of Ethiopia and the textile engineering industry of India.

According to Seema Srivastava, Executive Director of India ITME Society, the Society would work to bring investments, more opportunities and employments to Ethiopia with view of benefiting businesses of both sides.

The India ITME Society has been organizing a textile machinery exhibition since 1980 every four years for the development of modern technology for manufacturing, and has interest to organize international exhibition in Ethiopia and need local partners.

Finally, ECCSA offered an invitation to the India ITME Society to bring Indian companies to exhibit in the 11th Ethio-Chamber International Trade Fair to be held in Early November, 2018 in Addis Ababa.

Income Tax Regulation Needs Clarification: Officials Say, March 14, 2018.


Melaku Ezezew (Eng.), President of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) held a discussion with Ato Tegene Sisay from Ethiopian Bankers Association and Ato Jote from Oromya International Bank on March 14, 2018 at his office.

The two parties discussed on some articles of Federal Income Tax Proclamation No, 979/2016 and Council of Ministers Federal Income Tax Regulation.410/2017 that are not clear to execute. They have decided to organize a meeting with Ministry of Finance and Economic Cooperation, Ethiopian Revenue and Customs Authority and other concerned bodies and discuss on vague issues so as to have a common understanding.

 

ECCSA President Holds Discussion with AAU Delegation, March 14, 2018.


Melaku Ezezew (Eng.), President of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) received Professor Daniel Kitaw(Ph.D), Chair of Industrial Engineering Department and Dr.Eshetie Berhay from Institute of Technology, Addis Ababa University (AAU) on March 14, 2018 at his office and discussed on industrial and related issues.

The two parties have discussed on how ECCSA works with the Institute of Technology of AAU to support the private sector especially on the industrial matters. They have lastly agreed to form a committee in their respective institutes that can do a joint action plan and perform the actual activities cooperatively.

 

ECCSA Board of Directors Pay Visit to Tigray Region, March 11 -12, 2018.


Members of the Board of Directors of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), headed by Melaku Ezezew (Eng.), President of ECCSA, made a working visit to the Regional State of Tigray from March 11-12, 2018.

On two days stay in the Region, the Board visited Tigray Regional Chamber of Commerce and Sectoral Associations and Mekele Chamber of Commerce and Sectoral Associations as well as the regional and city Chambers of Sectoral Associations.

Inside line, the Board also held discussion with Trade and Industry Bureau of the region on various issues the two have in common, and paid a field visit to Mekele Industrial Parks.

ECCSA Organizes Press Conference on the 12th WCC, March 6, 2018.


The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) organized a press conference to the Media on the 12th World Chambers Congress (WCC) on 6th of March 2018 at ECCSA Board Room.

In his press briefing, President of ECCSA, Melaku Ezezew (Eng.), said Ethiopia, one of the six countries proposed to host the 12th WCC to be held in 2021, is in a good condition in all aspects which enable it to host the Congress effectively.

In addition, presentations and panel discussions on various topics related to trade and investment are also being organized.

It was also said that WCC is aimed to create a platform to exchange business information, share best experiences, have the access for trade and investment opportunities, and transfer new business innovations among countries of chambers and other business organizations across the world.

On the press conference, the President and the Secretary General of ECCSA have reacted to various questions raised by the journalists regarding the 12th WCC.

Ethiopia hosting the 2nd International Agro-Industry Investment Form, March 5 - 8, 2018.


The 2nd International Agro-Industry Investment Form organized by the government of Ethiopia and UNIDO in partnership with UNDP and FAO is being conducted from March 5-8/2018 at Millennium Hall, Addis Ababa.

Companies representing textiles and garments, leather and leather products, food processing, horticulture, energy and other sectors display their goods to visitors.

In addition, presentations and panel discussions on various topics related to trade and investment are also being organized.


ECCSA Officials receive and hold talks with Director of the ICC, March 7, 2018.




Ethiopian chamber of commerce and Sectoral Associations president Engineer Melaku Ezezew and vise president Assefa Gebreselassie, accompanied with the Secretary General Endalkachew Sime, received and held talks with Director of the International Chamber of Commerce, Anthony Parks, at Bole International Airport VIP Salon on March 7, 2018.




 

ECCSA Officials Hold Courtesy Meeting with Turkey Ambassador: Three pertinent issues were raised high on agenda March 1, 2018.

Melaku Ezezew (Eng.), President and Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) paid a courtesy visit on 1st of March 2018 to the Embassy of Turkey where they discussed on three pertinent issues with Ambassador Fatih Ulusoy.

The two sides discussed on the fact that Ethiopia is progressively becoming Foreign Direct Investment (FDI) destination to Turkey. This is the result of the historic and long standing relation ever growing between the two sisterly countries, they underscored.

The agenda that ECCSA and Embassy of Turkey should work in partnership to schedule Public Private Dialogue (PPD) with the government of Ethiopia in respect of the possible constraints Turkish investors face here in Ethiopia was also optimal on their meeting.

Last but not least part of their discussion revolves around the support the Embassy may offer to capacitate the Ethiopian Chamber Academy (ECA) in ECCSA. ECA is ECCSA Academy that provides on job trainings to both local and oversea business leaders and operators in view of building their managerial and leadership capacity.

ECCSA- Receives Austrian Delegation: The two sides discussed to explore what one can offer to the other, February 28, 2018.

Melaku Ezezew (Eng.), President and Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) received a-four-members Austrian delegation headed by Mr. Kurt Mullauer, Commercial Counselor in Austrian Embassy, Commercial Section on February 28, 2018. The two sides discussed on various business issues that help further increase the bilateral business relation of the two countries.

The President and the Secretary General provided a short profile about the Chamber and forwarded briefings about the available investment opportunity and doing business potentials in Ethiopia..

The President explained about the available potential resources and the enabling environment that exists in the agro-industrial manufacturing sector in Ethiopia. For instance, Ethiopia produces about more than 30 million sesame plants every year and exports only in raw and also number one in Africa and number 3 in the world in cattle production but this sector still requires value addition, and they recommended that the businesses of the two sides would be able to cooperate.

Mentioning that ECCSA has a Chamber Academy that provides an on job training to the business community, and Austria is known for its education, the Secretary General said that ECCSA can use this opportunity to strengthen the Academy. He also mentioned that Ethiopia has partnership with most of Asian countries through South-South Cooperation; but, since from European countries only few are open to work with us, this would be a good opportunity to the two businesess.

Mr. Kurt Mullauer on his part reflected the prevailing interest on Austrian side for doing business in Ethiopia.

Speaking about the insignificance capacity of doing business in Africa, Patrick Sagweister, Deputy CEO of Advantage Austrial (International Arm of Chamber of Commerce in Austria), said that Austria is not as strong in Africa as it wishes to be, with only 1% of its total export. With this in mind, Austria wants to change it, he added.

Austrian companies do not have any investment in Ethiopia so far except some construction companies involving, the Deputy CEO said. Ethiopia and Austria have recently a bilateral trade volume of about 20-30 million EUROS a year which is very low yet. According to Patrick, Austria should be much stronger here. Austria is particularly strong in the manufacturing: in machines, in engineering and industrial utilities production. Austria has about 500 000 companies out of which 98% are (SMEs) and active globally which are market leaders in their sectors working internationally.

Finally, the two sides agreed to deeply discover points of their interest as to what one can offer to the other and meet for another meeting.

Ethio-Israel: Agricultural Workshop Conducted, February 22, 2018.

Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) in collaboration with Embassy of State of Israel to Ethiopia organized a half-day workshop on agriculture to local business operators on 22th Feb, 2018 at Elilly Hotel.

The workshop was aimed to look into Israeli solutions to Ethiopia’s agricultural needs. Ambassador of the State of Israel to Ethiopia, Mr. Raphel Morav, said Israel is known for its advanced technology in areas of irrigation, afforestation and other agricultural sectors.

The cooperation of Israel and Ethiopia in the sector is vital in modernizing Ethiopia’s agriculture as it has significant place in the country’s economy, he added.

Biniam Misgina, Director of Trade and Investment Promotion Directorate in ECCSA, on his part said that Ethiopia wants to modernize farming practices and increase productivity. For this reason, Israeli agricultural technology could have a significant impact on the growth of Ethiopia’s agricultural sector.

On the workshop, paper was also presented on water technologies and their use in agriculture. Meanwhile, the local companies were invited to attend “Israel Agritech 2018, the 20th International Agricultural exhibition and Conference which will be held in Tel Aviv, Israel on May 8-10, 2018.

More than 40 local businesses operating in horticulture, agricultural products import-export activities made business to business meeting with Israeli companies on what Israeli companies have to offer to Ethiopia.(CIPE).

BMOs Receiving Capacity Building Training, February 19-22, 2018.

Ethiopian Chamber Academy (ECA) in the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) is providing a-Four-day certificate training from February 19-22, 2018 to BMO Professionals on various topics at ECCSA Board Room.

Speaking about the significance of the training, Endalkachew Sime, Secretary General (S.G.) of ECCSA, in his opening remark pointed out that the program was provided to build organizational synthesis of the private sector through enhancing the leadership and managerial capacity of the BMOs.

According to the S.G., in order for the role of the private sector in the economy to grow, training programs have been designed as one of capacity programs in the Chamber System.

The training is given on eight topics such as Organizational Governance, Association Leadership, Membership Development, and Business Advocacy and related others.

The four-day training was provided to Secretary Generals and other professionals comprised from member chambers, and at the end of the day, the trainees shall be expected to bring about a better performance in their respective organizations.

The training is supported by Center for International Private Enterprise (CIPE).

Ethio-Turkish Business Forum Held, February 20, 2018.

Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) in collaboration with Embassy of Turkey to Ethiopia and Turkish Machinery Exporters’ Association organized the Ethio-Turkish Business Forum on 20th Feb, 2018 at Hilton Hotel.

The forum was aimed to create a platform in which the two countries’ business companies engaging in exporting and importing agricultural machineries are to be networked and deal their businesses in order to further promote trade and investment relations.

On the forum, business to business meeting was arranged between eleven Turkish companies representing machinery sector and sixty Ethiopian private companies from various sectors.


Women Entrepreneurs Said to be Supported and Encouraged, February 14, 2018

The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) with Federal Urban Job Creation and Food Security Agency signed the Memorandum of Understanding (MOU) to work together on how women entrepreneurs are supported and encouraged, held on February 14, 2018.

Organized by ECCSA, the aim of the MoU signing was said to have a joint platform in which the two Institutions can capacitate women entrepreneurs with tailor made training, finance and advice so as to expand their businesses and create jobs.



Corporate Social Responsibility Strategy Said to Contribute for Growth and Sustainability of Investment, February 08, 2018

The Ministry of Industry in partnership with the Private Sector Development-Hub (PSD-Hub) under the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), organized a meeting on preliminary study of corporate social responsibility strategy on 8 February, 2018.

The meeting was aimed at discussing on the preliminary study and contributing inputs to develop strategy of corporate social responsibility.

On the meeting, the concept of corporate social responsibility and its international experiences was presented and deliberated on.

It was said that corporate social responsibility strategy contributes to the growth and sustainability of investment and economy of the country.


Secretary General Holds Discussion with French Delegation, February 07, 2018

Ato Endalikachew Semie, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), received Mr. Julien Ravalais Casanava, in charge of International Cooperation Department of Business France and Mrs. Magali Pialat, Senior Trade Advisor for Business France Addis Ababa on Feb. 07, 2018 at his office and discussed on various partnership issues.

The two parties discussed on how to work in partnership interims of promotion of investment, attracting investors, capacity building, exchange of delegations by organizing different business events and b2b meetings.




Dr. Aklilu Meets with Board Members of the Ethiopian Chamber of Commerce and Sectoral Associations, January 22, 2018

State Minister for Business and Economic Affairs, Dr. Aklilu Hailemichael met with the Board Members of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) on January 22, 2018 at his office.

Appreciating the initiative the Board Members took to discuss on matters of enhancing the MFA-ECCSA collaboration, Dr. Aklilu raised issues, including export promotion, conference tourism as well as ECCSA linkage to other counterparts.

He further said the Ministry of Foreign Affairs will continuously support the ECCSA, in the latter’s efforts to promote Ethiopia's produces and services, the investment opportunities and the country's tourism potentials.


Long Historical Relationship of Two Countries Said to be Developed into Economic Relationship, January 15, 2018

Engineer Melaku Ezezew President of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), received Mr. Raphael Morav, Ambassador of Israeli Embassy to Ethiopia at his office on January 15, 2018 and discussed on economic and other related issues.

The two parties discussed on the ways how Ethiopia and Israel further reinforce their economic relationships in order to promote their trade and investment.

Engineer Melaku said that Ethiopia and Israel has got long historical relationship either religious, political, and social which should be developed into economic relationship for mutual benefit of both countries.

Mr. Raphael on his part said that bureaucracy, restriction of foreign currency, problems on taxes have to be resolved in order to make the investment environment favorable to Israeli investors.

It was learnt that the major area of interest for Israeli investors are irrigation, water treatment, cycling of water, greenhouse, waste treatment, fertilizers and other agricultural sector.


FCNBM - Rummages for Membership in ECCSA, January 5, 2018

Endalikachew Semie, Secretary General (S.G.) of The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), received on January 5, 2018 at his office Eric Yu, Representative of China National Building Materials & Equipment Import and Export Corporation (CNBM). The purpose of Mr. Yu’s visit was to introduce CNBM and seek for cooperation with ECCSA.

Endalkachew, who provided the delegation with a short briefing about the overall activities of ECCSA, warmly welcomed and hosted CNBM’s cooperation interest. Recalling that ECCSA has big project initiated to construct a new and a comprehensive building at the rear of the old one, and is pursuing the construction of Chamber Hub and there is a need for materializing the projects, the S.G. expressed there is an open room for CNBM to use the opportunity to work in partner with ECCSA.

Mr. Yu also expressed the interest of his Corporation to be member of ECCSA and the S.G. positively hosted the matter as long as CNBM is a registered company in Ethiopia.

CNBM, the largest state-owned group in Chinese building materials industry and the largest cement manufacturer in the world, has been in Ethiopian market over ten years dealing as general contractor for Cement Plants, Glass Plants, Gypsum Plants as well as Plant Modification and Upgrading, Water Treatment System, Waste Power Generation Project, Beer and Beverage Processing Plants and Package Plants.

Mr. Yu said CNBM is the one designed and constructed Derba MIDROC Cement, and right now, it is running the National Cement, Mugher Cement, and Derba Cement.


FDRE MoFA’s Representative in Guizhou Province, China Pays Courtesy Visit, December 26, 2017

Endalikachew Semie, Secretary General of The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), received on December 26, 2017 at his office Mr. Teferi Melesse, FDRE Ministry of Foreign Affairs (MoFA), Business Diplomacy Director in Guizhou Province in China who made a courtesy visit to ECCSA before his departure. In the meantime, the officials discussed on mutual activities ECCSA and MoFA would cooperate.

The Secretary General expressed his feeling if the two sides work together in facilitating the provision of up-to-date information in the promotion of trade and investment activities undertaken between the two sides recommending that exchange of information should be as timely as possible.

Endalkachew also urged Teferi to make his effort to communicate Chinese investors, who would be interested to cooperate in the Chamber Hub development project, the biggest ever project proposed by the Chamber. There is also a need to promote the Ethio-Chamber International Trade Fairs that is conducted annually and the various publications of ECCSA so that Chinese investors and companies should be addressed, the Secretary General added.

They also provided an explanation that there is the opportunity for Egyptian companies to invest either in partnership or joint venture with their Ethiopian counterparts in textile, farms, and agro-processing. It was also briefed that since agro-processing is not well started, and there is an integrated agro-processing industrial park, the businesses of the two countries would be able to join their respective potential in the area.

Recalling that Ethiopia was designated to host the 12th World Chamber Congress (WCC) in 2021, Endalkachew also requested for cooperation in disseminating information.

The Director General, Teferi, on his part said that his Directorate works to the best it could be to strengthen the trade and investment relation between the two sides. He also promised his Directorate would work in identifying Chines companies that would be interested to work in joint venture.

Finally, the two sides agreed if they work on 4th industrial revolution with more emphasis.


ECSSA Holds Discussion with Italian Delegation, December 18, 2017

Ato Endalikachew Semie, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), received five members of Italian Delegation on December 18, 2017 at his office and discussed on bilateral and partnership issues. The delegation requested ECCSA to facilitate the establishment of a cross boarder Italian chamber of commerce here in Ethiopia, in which both the Italian and Ethiopian businesses would be members. The delegation also was interested in forming partnership with Ethiopians to commence cable buses for transportation in Addis Ababa.

Ato Endalikachew said that ECCSA is ready to work according to its law and proclamation and to collaborate with the Italian counterpart for mutual benefit of the two countries. The Secretary General also stated that the Italians can open a registered branch office in Ethiopia which represents the Italian National Chamber of Commerce or Ethio-Italian Business Council as an option.

The two sides agreed that the business details of the projects’ proposals should be sent to ECCSA for further discussion, facilitation and decision


Staff Vows: Better Attainment with Better Commitment and Team Spirit, December 8-9, 2017

ECCSA 4 month performance report & 8 month plan discussed

Staff also paid visit to Industrial Park

Staff of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) discussed from December 8-9, 2017 on the last four months performance report and on the remaining eight months plan of the budget year.

Speaking about the purpose of the event, Wubie Mengistu, Deputy Secretary General of ECCSA, pointed out that it was designed, after making immense deliberation on the ins and outs of the strengths and weaknesses observed, in a way it would motivate the staff for subsequent activities and for activities in progress.

It was reported that the last four months performance was much more encouraging when compared against the plan of action in respect of effectively accomplishing the goals of ECCSA’s strategic plan.

As indicated in the report, although better performance was made, much more would be expected to achieve the goals set in the remaining eight months of the budget year especially with the strategic points of building the capacity of the member chambers and enhancing the financial sustainability of ECCSA.

Meanwhile, the staff also paid a short visit to Hawassa Industrial Park, the flagship program which is known for its being environmentally friendly eco-park project.

Located on 300 hectares of land, the Hawassa Industrial Park is dedicated to producing textile and textile fabrics with three objectives of generating foreign currency, creating jobs and facilitating market linkages, as evidences obtained.


Egypt to Look to Escalate Partnership, 1st of December, 2017

Melaku Ezezew (Eng.), President and Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) received on the 1st of December, 2017 a four member Egyptian delegation headed by Abou Bakr Hefny Mahmoud, Ambassador of Egypt and Permanent Representative to the AU & UN ECA, at the President’s office.

The Ambassador stated that they have interest to invest in the area of livestock, agriculture and industrial parks development. Pointing out that there are fish farms here in Ethiopia, the Ambassador disclosed that there is robust drive to expand the livestock farm on a more scientific basis. Egypt is one of the biggest importers of meat in the world and Ethiopia would be Egypt’s first client, the Ambassador added.

Welcoming the delegation for the interest shown to doing business with Ethiopia, the President and the Secretary General provided a short brief about the available investment opportunity and doing business potentials in Ethiopia and the duties and responsibilities of ECCSA.

They also provided an explanation that there is the opportunity for Egyptian companies to invest either in partnership or joint venture with their Ethiopian counterparts in textile, farms, and agro-processing. It was also briefed that since agro-processing is not well started, and there is an integrated agro-processing industrial park, the businesses of the two countries would be able to join their respective potential in the area.Stating that Ethiopia and Egypt has thousands of years of historical relations, the two sides have seen this visit as escalating this longstanding relation into a level of economic cooperation.

So far, Elsewedy Electric, and some other companies are operating in Ethiopia, it was learned. It was also stated that the current trade balance between Ethiopia and Egypt is 1billion USD.


ECCSA Receives US Delegation, 8th November, 2017

The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) received a US delegation from US- Africa Business Center, US Chamber of Commerce, on November 8, 2017 at the Chamber’s Board room and discussed on the activities the two entities will undertake in cooperation.

The aim of the meeting was discussing on the possible areas of collaboration between ECCSA and US- Africa Business Center (USAfBC).

A power point presentation on the overall activities and services provided by ECCSA, Ethio-US business relations, exported and imported commodities, possible areas of cooperation between the two countries and other related topic was presented from ECCSA side and the delegation reflected on it.

The two sides agreed to work jointly in the future on the ways they strengthen their relations in the future especially issues on how trade and investment is promoted, supporting of capacity building, sharing of best practices, membership protection, fundraising, providing incentives for associations and others.

It was learnt that USAfBC is the top voice advocating for increased trade between the United States and Africa, with a focus on leading the US business community in a new period of unprecedented engagement with Africa’s regional economic communities.


ECCSA-Media: Stepping in Mutual Partnership, November 2-3, 2017

The media were facilitated with awareness raising training on media utilization for advocacy CMNF was also established

The Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) organized from November 2-3, 2017, an awareness raising training on business reporting and media utilization for advocacy to government and private media professionals at Adama, Dire International Hotel. Chamber-Media Networking Forum (CMNF) was also established.

The main purpose of the training is to enhance the understanding and the practical skills of the journalists on business reporting and media utilization for advocacy.

The program tried to draw on cases to highlight good practices and identify lessons of real life experience of the journalists on business reporting and media utilization for advocacy.
Meanwhile, after an in-depth discussion on the importance and significance of the Forum, the two institutions: ECCSA and the Media, also established CMNF.

Speaking on the event, Endalkachew Sime, Secretary General of ECCSA, stated that the significance of the Forum was to strengthen and ensure the sustainability of the media intervention in the private sector’s development by creating a common platform between ECCSA and the media.

According to the Secretary General, the media intervention should be in a way it promotes the domestic private sector as the domestic private sector, apart from its economic partner of the society, is one of the key components of the society.

“Therefore,” said Ato Endalkachew, “there is a need for the media to produce a balanced story where facts would be illustrated as they are, with of course a merciless constructive criticism”. “In so doing, we would be able to build trust among citizens”, the Secretary added.

Debebe Abebe, Corporate Communications and Public Relations Director in ECCSA on his part said that strong and sustainable media intervention is a prerequisite to address the Chamber System and its mandates stipulated in the establishment proclamation no.341/2003 to the vast audience across the country and globally.

The media intervention contributes to an informed economic condition and allows the business community, government bodies and the entire people to form views and make informed choices in respect of visionary development, the Director added.

The CMNF, said the Director, is, therefore, an important contribution to the development of the private sector in that it holds a significant potential for its growth and competitiveness both locally and at international stages.

The training was financed by the Private Sector’s Development (PSD) Hub, a project supported by Sida in ECCSA and was provided by Center for African Leadership Studies (CALS).


8th GA: Thought “Enduring, but Fruitful”, 27th October, 2017

Despite the persistent hardship over a year, as many assumed, the 8th General Assembly of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) conducted on October 27, 2017 at Hilton Hotel officially elected members of the new Board of Directors: President, Vice President and nine Board of Directors that are going to lead the Chamber for the next two consecutive years.

Accordingly, Engineer Melaku Ezezew, President of Amhara Chamber of Commerce And Sectoral Associations (ACCSA) and Ato Aseffa Gebresillasie, President of Tigray Chamber of Commerce and Sectoral Associations (TCCSA) were designated the next President and Vice President of ECCSA respectively.

Similarly, Mrs. Teminet Solomon, Dr. Aynalem Abayneh, Ato Abebayehu Girma, Ato Eyassu Mosisa, Ato Ashenafi Feleke, Ato Teshale Fisehatsion, Ato Tadesse Genna, Dr. Hasen Abdulahi and Ato Engida Beyene were also nominated members of the Board of Directors.

It was a year ago that the GA had to undertake the electoral procedure of the Board of Directors in spite of its pending for almost more than a year. In a press release delivered to journalists a few months ago, the out-going President of ECCSA, Ato Solomon Afework, had provided an explanation that the root causes of such coincidences were the existence of injustice and absence of rule of law among some of the member chambers in electoral procedures.

It was learned that the National Chamber formed a committee and task force that held the issue and made a report of all the complaints made by the member chambers where the problem aggravates, and delivered it to the concerned government bodies: Ministry of Trade (MoT) and Ministry of Industry (MoI).

MoT and MoI, having looked into the cases thoroughly, have made their decisions, based on the findings that the Chambers under question had been found against the proclamation and the regulation of the private sector (indorsed in Sept. 2014), that they would resolve the situation.

The GA, which is represented by 176 seats, has, at the end, finalized peacefully the electoral procedure that undergone through disputable moments over a year.

Finally, the former Board of Directors: Ato Solomon Afework, President; Ato Abebaw Mekonnen, Vice President; and the nine board members; honorably delivered the place and officially out-went while the in-coming ones took over the place taking a solemn oath of loyalty.


ECCSA Receives GIZ Representative, 12th October, 2017

Ato Endalkachew Sime, Secretary General of the Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA), received Mr. Ulrich Stephan, Quality Management Senior Expert in Tegbare-Id Polytechnic College and Representative of GIZ, working in sustainable training and education program, on 12th of October, 2017 at his office.

As Mr. Ulrich said that the purpose of his visit was to discuss on how to strengthen the ties between TVET and the industry sector and also to invite ECCSA so as to participate on the international Technical and Vocational Education and Training (TVET) Conference which will be organized by GIZ.  The concern in the future is making TVET qualitative center for Education and Training which is strongly related to demand driven of the industry, he added.

Ato Endalkachew on his part stated that Germany is among the few strategic partners with which Ethiopia needs to further maximize its relationship. The Secretary General also said that ECCSA wants to frame its partnership with Germany in the form of project in the area of technical and vocational capacity building and do the initiative in the Chamber Academy in the future in order to produce and bring the trained and educated people to the industry sector properly.

It was learnt that in line with the Ethiopian Government’s objectives, GIZ with Ethiopia currently focuses on the area of labor-market-oriented education and training

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