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Ethiopia, Djibouti ink MoU on utilization of Doraleh port
Addis Ababa, July 12, 2022 (FBC) –The Ministry of Agriculture of Ethiopia has signed a Memorandum of Understanding (MoU) with the Ministry of Agriculture of Djibouti to operationalize the…
Mines Ministry, Türkiye’s Calik Holding sign a deal for natural gas exploration, development
Addis Ababa, July 5, 2022 (FBC) – The Mines and Petroleum Ministry inked an agreement with the Turkish company Calik Holding to cooperate in natural gas exploration and development.…
Ethiopian opens new hotel at Bole International Airport, launches 5 new destinations
Addis Ababa, July 4, 2022 (FBC) - Ethiopian Airlines has opened a new 5-star hotel inside the Bole Airport. Skylight In-Terminal Hotel inside Addis Ababa Bole International Airport Terminal…
Ethiopian remains to be the largest operator between Africa & Asia
Addis Ababa, July 2, 2022 (FBC) - Ethiopian Airlines gets more attention for its European and North American network than it does for South, Southeast, and North Asia. After all, Western…
Algerian investors invited to tap opportunities in Ethiopia’s agro-processing sector
Addis Ababa, June 26, 2022 (FBC) - Ethiopia’s Ambassador in Algeria, Nebiat Getachew Assegid paid a working visit to the Wilaya of Annaba, a port city in north-east Algeria, from 24-25 June…
NBE announces 35% increase of gold buying price from Artisan suppliers
Addis Ababa, June 23, 2022 (FBC) - The National Bank of Ethiopia (NBE) announced it has increased the price of gold buying rate from artisan suppliers to 35 percent over the global gold…
Ethiopia revokes licenses of 972 miners
Addis Ababa, July 22, 2022 (FBC) – The Minister of Mines and Petroleum Ministry of Ethiopia, Takele Uma, in a recent press briefing, noted that the institution is working to ensure that the…
Huawei’s regional job fair provides recruitment opportunities for local residents
Addis Ababa, June 21, 2022 (FBC) - Huawei Ethiopia hosts its first regional job fair in Hawassa and Haromaya cities on June 21 and 22 respectively.
Mind Solutions PLC (IMS),…
Ethiopia coffee exports hit $1.2 billion in eleven months
Addis Ababa, June 16, 2022 (FBC) - Ethiopia has earned 1.2 billion U.S. dollars from coffee export during the first 11 months of the current 2021/2022 fiscal Year.
Shafi Oumer, Deputy…
Ethiopia ranks among top 5 FDI destinations in Africa
According to the United Nations Conference on Trade and Development (UNCTAD) latest world investment report, Ethiopia ranks among the top 5 Foreign Direct Investment (FDI) destinations in…