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Ethiopian Airlines set to launch direct flights to Karachi, Pakistan
15Addis Ababa, November 17, 2022 (FBC) - Ethiopia and Pakistan have geared up to strengthen bilateral ties as they are working to launch direct flights, establish formal banking channels and…
Ethiopia officially starts exporting electricity to Kenya
Addis Ababa, November 17, 2022 (FBC) – Ethiopia has officially started exporting electricity to Kenya as of today, November 17, 2022.
The Ethio-Kenya 500 kilovolt power transmission line…
Public enterprise with 48bln birr capital established in Oromia
Addis Ababa, November 17, 2022 (FBC) – A public enterprise with registered capital of 48 billion birr has been established in Oromia Region on Thursday.
The enterprises would help address…
Ministry sets sights to collect $562mln income from manufacturing sector
Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Ministry of Industry announced that efforts are being made to collect 562 million USD from the manufacturing sector.
According to the…
Carvico Ethiopia creating decent jobs, boosting export: EIC
Addis Ababa, November 16, 2022 (FBC) - The Ethiopian Investment Commission (EIC) and Industrial Parks Development Corporation (IPDC) management jointly met with the Carvico Ethiopia P.L.C…
Gov’t invites int’l bidders to privatize 40% of Ethio telecom
Addis Ababa, November 16, 2022 (FBC) - The Ethiopian Ministry of Finance has invited international telecom bidder companies, as it looks to implement the policy to denationalize 40% share of…
Embassy hosts virtual event to promote Ethiopian cement investment potential
Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Embassy in China co-hosted with China Cement Association a promotion event to promote cement industry in Ethiopia.
The Ethiopian…
Turkish transport, construction companies keen on investing in Ethiopia
Addis Ababa, November 15, 2022 (FBC) – Ambassador and Plenipotentiary of Ethiopia to Turkiye, Adem Mohammed conferred with a Trukish investor, Dr. Çetin Ay who is engaged in transport,…
11th Int’l conference on cereals, oilseeds kicks off in Addis Ababa
Addis Ababa, November 15, 2022 (FBC) – The 11th international conference on oilseeds and cereal crops kicked off in Sheraton Hotel, Addis Ababa, with the presence of the FDRE President,…
KOICA pledges cooperation to increase Ethiopia’s export products
Addis Ababa, November 14, 2022 (FBC) - The deputy director general of Korea International Cooperation Agency (KOICA) in Ethiopia, Shinyang Lee, stated that they will work in cooperation with…