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Banks set to launch movable assets collateral loan scheme soon: NBE
Addis Ababa, December18, 2022 (FBC) - The National Bank of Ethiopia (NBE) has announced that a system to obtain loans from banks by pledging movable property will be launched in a short…
Japan’s Mitsubishi Corporation interested to invest in textile, automotive sectors in Ethiopia
Addis Ababa, December 16, 2022 (FBC) – Ambassador of Ethiopia to Japan, Tefera Derbew discussed with Vice President of Mitsubishi Corporation, Tetsuya Shinohara on burgeoning investment…
London is due to host an Ethiopian coffee exhibition on December 17, Embassy confirms
Addis Ababa, December 15, 2022 (FBC) – The Ethiopian Embassy in London has announced that it is hosting the first Ethiopian Coffee Exhibition in the capital of the United Kingdom, on…
Ethiopian Airlines plans to double fleet to leapfrog other int’l carriers
Addis Ababa, December 13, 2022 (FBC) - Ethiopian Airlines Group wants to almost double its fleet over the next 12 years and expand its global network as Africa’s largest carrier seeks to…
AfDB approves $10mln grant for Tulu Moye geothermal dev’t in Ethiopia
Addis Ababa, December 13, 2022 (FBC) - The Tulu Moye geothermal project in Ethiopia is set to receive new funding in the form of a $10 million reimbursable grant from the Sustainable Energy…
More Finnish firms keen on seizing lucrative investment opportunities in Ethiopia: Deputy FM
Addis Ababa, December 12, 2022 – More Finnish businesses are interested to explore lucrative investment opportunities in Ethiopia, according to Under-Secretary of State for Development…
Digitalization will turbocharge the African Continental Free Trade Area: ECA Official
Addis Ababa, December 12, 2022 (FBC) - Digitalization will turbocharge the African Continental Free Trade Area (AfCFTA), stated the UN Economic Commission for Africa (ECA).
The Economic…
Some 1,644 Ethiopian products granted to enter the Chinese market duty-free: MoTRI
Addis Ababa, December 12, 2022 (FBC) - The Ethiopian Ministry of Trade and Regional Integration (MoTRI) announced that the Chinese government has allowed some 1,644 Ethiopian products to…
Capital markets important to help raise capital from external, domestic sources, says expert
Addis Ababa, December 10, 2022 (FBC) - The capital markets being introduced to Ethiopia are very important to the economy as they would raise capital from external and domestic sources of…
EIC, EU Business Forum affirm the need for continuous dialogue for a strong partnership
Addis Ababa, December 8, 2022 (FBC) – Ethiopian Investment Commission (EIC) and the European Union Business Forum affirmed the need for continuous dialogue for a strong partnership between…