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Business
Import substitution endeavors bearing fruits: Industry Ministry
Addis Ababa, February 15, 2022 (FBC) – The Ministry of Trade stated that the efforts underway to substitute import products with locally produced items is bearing fruits.
The Ministry…
Ethio Telecom collects 28 billion birr revenue in six months
Addis Ababa, January 31, 2022 (FBC) – Ethio Telecom has collected 28 million birr revenue in six months that make up the first half of the budget year.
The company has briefed the media…
Italian companies show interest to invest in Ethiopia in logistics and vehicle assembly areas
Addis Ababa, January 28, 2022 (FBC) – Two Italian companies; Rimorchiatori Riunti Group and GE car Group have expressed interest to conduct a pre-investment visit to Ethiopia in order to…
Ethiopian Airlines Ramps up Cargo Investment for African E-commerce Hub
Addis Ababa, January 24, 2022 (FBC) - Ethiopian Airlines Group will ramp up investment in cargo services and infrastructure and is looking to become a logistics hub for Africa’s growing…
Turkish investors to widely participate in exploration of selected mineral resources in Ethiopia
Addis Ababa, January 21, 2022 (FBC) – The Minister of Mines, Engineer Takele Uma discussed with Ambassador of Turkey to Ethiopia, Yaprak Alp on ways on implementation of agreements signed…
Ethiopia coffee export earning hits $578mln during half year
Addis Ababa, January 20, 2021 (FBC) - Ethiopian Coffee and Tea Authority announced that 578 million USD has been obtained in the past six months from exporting coffee and China has become…
Addis Ababa launches #BuyEthiopian Exhibition and Bazaar
Addis Ababa, January 17, 2022 (FBC) – Deputy Mayor of Addis Ababa, Jantirar Abay has launched #BuyEthiopian Exhibition and Bazaar at Mechare Meda open space in the capital.
The exhibition…
Ministry signs agreements with 8 coal mining companies
Addis Ababa, January 13, 2022 (FBC) –The Ministry of Mines (MoM) has signed agreements with 8 coal mining companies that registered a combined capital of 6 billion birr.
The agreement…
Ethiopian Cargo launches capacity e-bookings platform
Addis Ababa, January 12, 2022 (FBC) –Ethiopian Cargo and Logistics Services has adopted an online e-bookings platform.
Customers will now be able check flight schedules and book space for…
Ethiopian Airlines resumes flight to world heritage site Lalibela
Addis Ababa, January 3, 2022 (FBC) – Ethiopian Airlines has resumed domestic flight to the UNESCO inscribed world heritage site, historical town of Lalibela.
The flight to the Lalibela…