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Ethiopia’s domestic revenue upsurges by 28.9 pct: MoPD
Addis Ababa, January 30, 2023 (FBC) - The Federal government's domestic revenue has upturned by 28.9 percent, compared to the same period in the previous financial year’s performance, said…
EED ready to provide required support to import substitution products manufacturers: DG
Addis Ababa, January 30, 2023 (FBC) - Ethiopian Enterprise Development (EED) has announced that the required support will be provided to investors and enterprises engaged in import…
CBE introduces ‘EthioDirect’ digital foreign currency remittance service
Addis Ababa January 30, 2023 (FBC) – The Commercial Bank of Ethiopia (CBE) has unveiled a new digital foreign currency remittance service named EthioDirect.
According to CBE, the…
MoPD’s forecast: Ethiopia’s economy to grow by 7.5 percent this fiscal year
Addis Ababa, January 30, 2023 (FBC) - The Ministry of Planning and Development’s forecast based on the macroeconomic performance of the past six months indicates that the Ethiopian economy…
Cooperative Bank of Oromia eyeing to build presence in Djibouti
Addis Ababa, January 29, 2023 (FBC) –Cooperative Bank of Oromia is eying to build better presence by providing high quality and innovative banking service in Djibouti, Ethiopian Embassy in…
Ethiopia finalizing preparations to launch Capital Market within two years
Addis Ababa January 27, 2023 (FBC) - Ethiopia Capital Market Authority (ECMA) disclosed that it has Finalized preparations to launch Ethiopian Capital Market within the coming two years.…
Qatar, UK Investors express strong desire to invest in Banking, ICT sectors in Ethiopia
Addis Ababa January 26, 2023 (FBC) - International investors from Qatar and UK have expressed strong desire to be engaged in banking, sport academy and ICT sectors in Ethiopia.…
ESLSE earns 19.5bln Birr in six months
Addis Ababa, January 25, 2023 (FBC) - The Ethiopian Shipping and Logistics Service Enterprise (ESLSE) disclosed that it has earned 19.5 billion Birr in the last six months.
Briefing the…
Import substitution salvages $1.1bln foreign currency in 6 months: MIDI Ethiopia
Addis Ababa, January 24, 2023 (FBC) - The Ethiopian Manufacturing Industry Development Institute stated that import substitute products secured 1.1 billion USD foreign currency in the last 6…
The 4th Ethiopia International Trade Exhibition 2023 launched
Addis Ababa, January 23, 2022 (FBC) – The 4th Ethiopia International trade exhibition has been inaugurated in Addis Ababa Millennium hall with attendance of senior government officials and…