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Commercial Bank Kenya expresses desire to commence service in Ethiopia
Addis Ababa, October 27, 2022 (FBC) – Following Ethiopia's decision to open its financial sector to foreign investors, the Commercial Bank of Kenya expressed its interest in engaging in the…
ECX set to start supplying local wheat grain to public market
Addis Ababa, October 27, 2022 (FBC) - The Ethiopian Commodity Exchange (ECX) has announced that it is ready to supply the domestic wheat grain to the local market in the current fiscal year…
Dashen Bank posts 3.8bln Birr profit from previous fiscal year
Addis Ababa, October 27, 2022 (FBC) - Dashen Bank SC announced 3.8 billion Birr gross profit from the previous fiscal year.
During its 29th regular annual general meeting, Dashen Bank…
CEO: Ethio Telecom ensuring institutions to implement contemporary services
Addis Ababa, October 24, 2022 (FBC) - Ethio Telecom and the Ministry of Trade and Regional Integration have signed an agreement to pay online business registration and licensing service fees…
Ethiopian Airlines to add two new Boeing 787 Dreamliner jets to its fleet
Addis Ababa, October 18, 2022 (FBC) - Ethiopian Airlines and Boeing today celebrated the 10th anniversary of the first 787 Dreamliner delivery to the African carrier.
Over the past…
Africa Bamboo PLC to set up a factory at Hawassa Industrial Park
Addis Ababa, October 18, 2022 (FBC) – Africa Bamboo PLC is going to setup a factory at Hawassa Industrial Park, according to Ethiopian Industrial Parks Development Corporation (IPDC).
CEO…
Ministry posts 93bln birr revenue in 3 months
Addis Ababa, October 17, 2022 (FBC) - The Ministry of Revenue-Ethiopia (MoR) has announced that it has collected more than 93 billion birr in the first quarter of the current fiscal year.…
Ministry of Finance bans 38 items from entering the country
Addis Ababa, October 4, 2015 (FBC) - The Ministry of Finance-Ethiopia (MoF) has announced that 38 types of products will not receive a bank trust document.
It is said that the products…
Mærsk opens new consolidation centre in Ethiopia
Addis Ababa, October 14, 2022 (FBC) - A.P. Møller – Mærsk and its Ethiopian partner, Freights International (PABOMI), announced the opening of a consolidation center at Modjo Dry Port in…
Modjo Logistics Dry Port export packaging facility goes operational
Addis Ababa, October 14, 2022 (FBC) - The Transport and Logistics Minister Dagmawit Moges along with other officials has inaugurated the export packaging facility built at Modjo Logistics…