Browsing Category
Business
MIDROC launches Ethiopia’s first coated calcium carbonate production plant
Addis Ababa, May 22, 2025 (FMC) — MIDROC Investment Group has officially inaugurated the first phase of its Coated Calcium Carbonate Production Plant in Awash 7 Kilo, Afar Region, marking a…
Chinese GAC International Enters Ethiopian Electric Vehicle Market
Addis Ababa, May 17, 2025 (FMC) — Leading Chinese automotive manufacturer, Guangzhou Automobile Group (GAC), has entered the Ethiopian electric vehicle (EV) market and marking a crucial step…
Embraer Aerospace GM praises Ethiopia’s tremendous efforts in attracting new investors, FDI
Addis Ababa, May 17, 2025 (FMC) — Ethiopia has done a tremendous job in attracting new investors and FDI by improving regulations and the investment climate, Embraer (one of the largest…
Ethiopian Airlines Signs Agreements with GE Aerospace to Power New Widebody Aircraft
Addis Ababa, May 17, 2025 (FMC) — Ethiopian Airlines Group has signed two strategic agreements with GE Aerospace (NYSE: GE), reaffirming its commitment to fleet modernization, operational…
DBE Highlights Significant International Investment Potential in Ethiopian Banking
Addis Ababa, May 16, 2025 (FMC) – The Development Bank of Ethiopian (DBE) has affirmed the substantial potential for international investment within Ethiopia's banking sector.
Speaking at…
Ethiopia’s Macroeconomic Reforms Secure Strong International Backing, Yield Tangible Results: NBE…
Addis Ababa, May 15, 2025 (FMC) — Ethiopia’s macroeconomic reform agenda has gained substantial international support and is already delivering strong early results, according to National…
“Made in Ethiopia” movement enables over 830 industries to resume operations
Addis Ababa, May 13, 2025 (FMC) — More than 830 industries that had ceased production due to various reasons have resumed operation after the Made in Ethiopia Movement in Ethiopia, according…
Ethiopia secures over $1.6 bln in investment deals amidst bold economic transformation push
Addis Ababa 13, 2025 (FMC) — The Invest in Ethiopia 2025 High-Level Business Forum concluded today in Addis Ababa, marking a significant step in the country's drive to attract foreign…
Strategic location, reforms, and infrastructure make Ethiopia a top FDI hub
Addis Ababa, May 12, 2025 (FMC) — Ethiopia is accelerating its efforts in opening up its business environment to attract more foreign direct investment (FDI), senior government officials…
MoPD Minister showcases multibillion-dollar investment opportunities across key sectors
Addis Ababa, May 12, 2025 (FMC) – Ethiopia’s Minister of Planning and Development, Fitsum Assefa, has presented a comprehensive investment pitch identifying multibillion-dollar opportunities…