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Business
Ethiopia seeks alternative markets to ease AGOA revocation
Addis Ababa, November 14, 2021 (FBC) - Extensive activities have been carried out to explore new export market destinations with a view to easing the impact of Ethiopia’s revocation from the…
Bahir Dar Industrial park begins exporting textile and apparel
Addis Ababa, November 11, 2021 (FBC) - Industrial Parks Development Corporation announced that Bahir Dar Industrial park has begun its first apparel products to foreign market.
Hop Loun,…
Indian pharmaceutical giant Zuvius Lifesciences shows interest to invest in Ethiopia
Addis Ababa, November 9, 2021 (FBC) – The giant Indian research based pharmaceutical company Zuvius LifeScineces has shown interest to invest in Ethiopia.
Leaders of the Ethiopian…
Ethiopian owned NOC Djibouti launches a $1.3mln project in Djibouti
Addis Ababa, November 4, 2021 (FBC) - As part of expanding investments in neighboring countries, an Ethiopian owned NOC Djibouti has signed an agreement with a China Construction to…
Export of Manufactured Goods Nearly Achieves Target
Addis Ababa, November 3, 2021 (FBC) – Ministry of Trade and Industry discloses that 42.75 million USD has been garnered in a quarter of the Ethiopia’s fiscal year from exporting manufactured…
Over 50 German companies discuss trade, investment opportunities in Ethiopia
Addis Ababa, October 31, 2021 (FBC) – More than 50 German companies participated in a webinar organized by German-Africa Business Association in
partnership with the Ethiopian Embassy in…
Ethiopian Airlines, Djibouti Free Zone launch Sea-Air Cargo Operation
Addis Ababa, October 29, 2021 (FBC) - The first Sea-Air Cargo Operation that discharge 17 tons of electronic and home appliances from Shenzen to Lagos and Kano in Nigeria via Djibouti is…
Finance Minister confers with founder of Cardano Charles Hoskinson
Addis Ababa, October 29, 2021 (FBC) - The Minister of Finance and his team conferred with the founder of Cardano and co-founder of Ethereum, Charles Hoskinson.
The Minister highlighted…
Safaricom Eager to Support National Digital Transformation
Addis Ababa, October 28, 2021 (FBC) – Safaricom Ethiopia expresses readiness to support Ethiopia’s national digital transformation and job creation for the youth, two of the pillars of the…
Korean company EKOS STEEL Mill P.L.C to attract peers to Ethiopia
Addis Ababa, October 27, 2021 (FBC) - State Minister of the Foreign Affairs Ministry, Ambassador Redwan Hussein discussed with CEO the Korean company EKOS STEEL Mill P.L.C Shell H. Choo.…