German banking giant to open
office here
ANGELA MERKEL arrives this week
By Tesfu Telahoun
Dr. Angela Merkel, Chancellor of the Federal Republic
of Germany, is expected to arrive here for a state visit this
week.
The Chancellor’s visit is aimed at strengthening the already
close ties with Ethiopia and Africa in general. In a related development,
Commerzbank, Germany’s second largest financial institution
has a announced in a press release it sent to Capital that it
is to open a representative office in Ethiopia, on October 4th
2007.
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ETC to launch
3G mobile service
By Kirubel Tadesse
The Ethiopian Telecommunication Corporation (ETC), is preparing
to launch 3G (third generation) Mobile SIM cards in both post paid
and pre paid services. Sources told Capital that ETC has already
distributed 3G-Sim cards to appraise its performance and is scheduled
to sell the cards in a few weeks time for interested customers.
Transforming agri-exports for added-value
By Andualem Sisay
Girma Birru, Minister of Trade and Industry
and Ali Hussen of Alfoz Plc at the signing
ceremony on Wednesday, September 26,2007
About seven months ago, Girma Birru, Minister of Trade and Industry
was in Tokyo, Japan, where he met Mr. Hiroshi Ono, President of
Hanamasa, one of the leading coffee suppliers in Japan. It was a
welcome opportunity for the Minister to request Mr. Hiroshi Ono,
who owns over 100 coffee department stores in Tokyo networked with
over 3,000 coffee stores across Japan, to begin importing value
added Ethiopian coffee.
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