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Preparations for partial privatization of Ethio Telecom completed
Addis Ababa, June 14, 2021 (FBC) – In a statement issued today, the Ministry of Finance and the Public Enterprises Holding and Administration Agency have announced the completion of a key…
SNNP Deputy Administrator lays cornerstone for $400mln Charcoal factory
Addis Ababa, June 14, 2021 (FBC) – Deputy Administrator of Southern Nations Nationalities and Peoples Region, Ristu Yirdaw together with the Minister of Ministry of Mines and Petroleum,…
Commercial Bank of Ethiopia Secures 2.4 Billion USD Remittance in Nine Months
Addis Ababa, June 13, 2021 (FBC) - The Commercial Bank of Ethiopia (CBE) has reportedly secured close to 2.4 billion USD remittance over the past nine months.
ENA quoted CBE Hawala…
Ministry collects 259bln Birr revenue in eleven months
Addis Ababa, June 12, 2021 (FBC) – Ministry of Revenue announced that it has managed to collect 259 Billion Birr in the last eleven months of the Ethiopian fiscal year.
The revenue…
Ethiopia creates 2.8mln new jobs in first three quarters of fiscal year
Addis Ababa, June 12, 2021 (FBC) – The National Job Creation Council appraised this fiscal year’s job performance of the country in the presence of senior government officials including…
Kenya, Ethiopia one-stop border post begins operations
Addis Ababa, June 10, 2021 (FBC) -The Moyale Border One Stop Border Post (OSBP), has commenced operations bringing together government border regulatory officials from Kenya and Ethiopia.…
Global Partnership for Ethiopia pays courtesy call to Finance Minister
Addis Ababa, June 8, 2021 (FBC) - Global Partnership for Ethiopia has paid a courtesy call to the Minister of the Ministry of Finance today.
Ahmed Shide, Minister of Finance of Ethiopia,…
Sumitomo Corporation aims at investing over $2bln in Ethiopia in five years
Addis Ababa, June 8, 2021 (FBC) – Ethiopian Ambassador to Japan, Kassa Teklebirhan has conferred with Executive Vice President of Sumitomo Corporation, TOSHIKAZU (KAZ) NAMBU.
The Vice…
Boeing company delegation, Commission discuss investment opportunities in Ethiopia
Addis Ababa, June 7, 2021 (FBC) – A Delegation team of Boeing Company and Investment Commissioner, Lelise Neme discussed opportunities Ethiopia has facilitated for foreign investment sector.…
Condor electronics to pay a pre-investment visit to Ethiopia
Addis Ababa, June 6, 2021 (FBC) - The Algerian Condor Electronics has shown interest to pay a pre-investment visit to Ethiopia and explore ways for future engagement in the sector.…