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NBE will focus on reducing inflation via monetary policy measures: Governor
Addis Ababa, July 25, 2023 (FBC) - Governor of the National Bank of Ethiopia (NBE), Mamo Mihretu, addressed the 20th International Conference on the Ethiopian Economy.
“A ‘cocktail of…
Chinese technology company, JD expresses interest to invest in Ethiopia
Addis Ababa, July 22, 2023 (FBC) - Ethiopian Investment Commissioner, Lelise Neme discussed with JD Technology, a Chinese company, on how the firm can utilize the investment opportunities in…
Mining companies in Tigray to resume mineral exploration and production soon
Addis Ababa, July 20, 2023 (FBC) – Mining companies which were operating in Tigray are said to resume mineral exploration and production activities soon.
State Minister for Ministry of…
EIC, Embassy of China co-organize seminar on Investment Promotion for Ethiopia
Addis Ababa, July 19, 2023 (FBC) –In collaboration with the Embassy of China in Addis Ababa, Ethiopian Investment Commission (EIC) facilitated a three weeks seminar and training on…
IPDC, Asia-Africa Chamber of Commerce sign MoU to increase investment in IPs
Addis Ababa, July 19, 2023 (FBC) – Ethiopian Industrial Parks Development Corporation (IPDC) and the Asia-Africa Chamber of Commerce signed a memorandum of understanding to work together.…
Mobile Phone Technology fosters access to financial services in Ethiopia – WB Blogs
Addis Ababa, July 18, 2023 (FBC) – Mobile phone technology could expand access to financial services in Ethiopia, World Bank Blogs indicated via a study published on Africa Can End Poverty.…
Ethio Telecom’s Mobile Money reaches 34.3mil subscribers with transaction ETB 679.2 Billion
Addis Ababa, July 18, 2023 (FBC) – Ethio telecom in its Annual Business Performance Report of 2022/23 that covers performance period from 01 July 2022 to 30 June 2023 has disclosed that its…
Ethiopia-Djibouti railway earns $60.1mil during past Ethiopian fiscal year
Addis Ababa, July 18, 2023 (FBC) - The Ethiopia-Djibouti railway has transported 124,000 passengers and 2.1 million tonnes of cargo during the Ethiopian fiscal year 2022/2023 ending on July…
Salvador Caetano Group to visit Ethiopia in September
Addis Ababa, July 15, 2023 (FBC) - In a bid to attract innovative automotive industry investments in Ethiopia, a delegation led by EIC visited Porto and conferred with the CEO of Caetano Bus…
EAA signs MoU with CBI to boost access to int’l market
Addis Ababa, July 14, 2023 (FBC) – Ethiopian Agricultural Authority (EAA) and the Netherlands Centre for the Promotion of Imports (CBI) have signed a Memorandum of Understanding to boost…