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A kilogram of Ethiopia’s finest coffee sold for $884 at auction
Addis Ababa, August 30, 2022 (FBC) – A kilogram of Ethiopia’s finest coffee has sold for a staggering 884 USD at auction. The winning coffees of the third Ethiopian Cup of Excellence…
Safaricom Ethiopia begins phased city-by-city customer network pilot in Dire Dawa
Addis Ababa, August 29, 2022 (FBC) - Safaricom Ethiopia has today begun a large-scale customer pilot of its network in Dire Dawa City.
This is part of the company’s phased city-by-city…
Huawei hosts its second round regional job fair in Bahir Dar City
Addis Ababa, August 26, 2022 (FBC) - Huawei Ethiopia has organized its second-round regional job fair in Bahir Dar on August 24 and 25, 2022. Mind Solutions PLC (IMS), Ethiojobs.net, and…
Ethiopia receives first gas reserves certificate
Addis Ababa, August 26, 2022 (FBC) – The Ministry of Mines and Petroleum received the first gas reserves certificate as a study to verify extent of oil and natural gas reserves in Ethiopia…
Ethiopia in negotiations with China over the start of fruit exports
Addis Ababa, August 26, 2022 (FBC) – Ethiopia is aiming to export fruits including bananas, avocados and mangoes as well as meat products to China, according to Ethiopia’s ambassador to…
IPDC earns over 1.2 billion birr in last fiscal year
Addis Ababa, August 25, 2022 (FBC) – In a press conference, CEO of Industrial Parks Development Corporation, Sandokan Debebe stated that the institution earned more than 1.2 billion birr…
Ethio-Djibouti Railway enabled Ethiopia to save 2.4bln birr logistics expenditure in Past Year: CEO
Addis Ababa, August 25, 2022 (FBC) - Ethio-Djibouti Railway (EDR) disclosed that its cargo transport service enabled Ethiopia to save a 2.4 billion Birr logistics expenditure during the…
Ethio-Djibouti Railway Starts Transporting Vehicles
Addis Ababa, August 25, 2022 (FBC) - Ethio-Djibouti Standard Gauge Railway Share Company started service of transporting vehicles by train from Djibouti to Addis Ababa, Ethiopia.
This…
Preparations underway to ensure entry of foreign financial institutions in Ethiopia: NBE
Addis Ababa, August 24, 2022 (FBC) – National Bank of Ethiopia announced that preparations are being made to enable foreign financial institutions to enter the country.
Prime Minister…
ESLSE ships over 7.9mln tons of import, export cargo
Addis Ababa, August 23, 2022 (FBC) – Ethiopian Shipping and Logistics Services Enterprise (ESLSE) stated that it has transported more than 7.9 million tons of import and export cargo,…