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Business
Over 20 local, int’l investors express interest in tendering of 8 sugar enterprises
Addis Ababa, March 3, 2023 (FBC) – It is to be recalled that on 19 August 2022, the government of Ethiopia through the Ministry of Finance and Ethiopian Investment Holdings (EIH), issued an…
IPDC: Reform works in progress to allow more Indian firms enter IPs
Addis Ababa, March 3, 2023 (FBC) - Aklilu Tadese, Chief Executive Officer of Industrial Parks Development Corporation of Ethiopia (IPDC), discussed with the Indian Ambassador to Ethiopia,…
Huawei launches 3 solutions to embrace F5.5G and striding to 10Gbps everywhere
Addis Ababa, March 3, 2023 (FBC) - During MWC 2023, Huawei launched three solutions; Huawei FTTR OptiXstar F30, industry's first commercial 50G PON, and Huawei OptiX Alps-WDM, solutions…
Qatari business delegation to pay working visit to Ethiopia: MFA Ethiopia
Addis Ababa, March 2, 2023 (FBC) – The FDRE Ministry of Foreign Affairs of Ethiopia confirmed today that an agreement has been reached for a Qatari business delegation to pay a working visit…
Ethiopia, China agree to jointly continue exploring new strategic investment areas
Addis Ababa, February 28, 2023 (FBC) - The Ethiopian delegation met with key Chinese financial institutions (FIs) and creditors during the recent official visit to Beijing.
The delegation…
Ethiopian delegation, Alibaba Group leadership discuss future cooperation on e-commerce
Addis Ababa, February 28, 2023 (FBC) - Ethiopian Delegation led by Ahmed Shide, Minister of Finance, visited the Headquarter of Alibaba Group in Beijing.
On the occasion, the delegation…
AfCFTA poised to revive economies of landlocked developing countries, small island developing states
Addis Ababa, February 27, 2023 (FBC) - The fundamental role of the African Continental Free Trade Area (AfCFTA) in overcoming the peculiar challenges faced by Africa’s Landlocked Developing…
Ethiopian Airlines adds new China-Europe freighter service
Addis Ababa, February 26, 2023 (FBC) - Ethiopian Airlines has added a freighter service between China and Belgium as it looks to capitalise on growing e-commerce demand.
The new service…
Chinese finance minister reiterates readiness to deepen economic ties with Ethiopia
Addis Ababa, February 26, 2023 (FBC) - Ethiopian Finance Minister, Ahmed Shide, along with his delegation, held a fruitful discussion with his Chinese counterpart Liu Kun, in Beijing, on…
East African Industrial Park signs MoU to develop, expand industrial park with $108mln
Addis Ababa, February 24, 2023 (FBC) - The East African Holding Share Company has signed a Memorandum of Understanding (MoU) to develop and expand an industrial park with 108 million USD…