Browsing Category
Business
AfDB approves over $2m grant to support Ethiopia’s electronic payments modernization infrastructure
Addis Ababa, March 11, 2021 (FBC) -The Board of Directors of the African Development Bank (AfDB) has approved a grant of $2.33 million to EthSwitch Share Company, an initiative led by…
Ghanaian mPharma to launch Haltons Pharmacies in Ethiopia
Addis Ababa, March 11, 2021 (FBC) – The Ghanaian mPharma has signed a franchise agreement with Belayab Pharmaceuticals PLC to launch Haltons Pharmacies in Ethiopia.
“Our partnership with…
A team of 40 Russians visiting various attraction sites across Ethiopia
Addis Ababa, March 10, 2021 (FBC) – A team consisting 40 Russians is visiting various attraction sites across in Ethiopia in a bid to foster nation’s historical, natural and cultural values…
Beles Sugar factory construction to complete and go operational within a month period
Adddis Ababa, Marcch 9, 2021 (FBC) – Beles Sugar Factory, a plant which has a capacity of producing 3 million quintals per annum is said to be completed and go operational within a month.…
Raxio kicks off construction of data centre in Addis Ababa
Addis Ababa, March 9, 2021 (FBC) -The Raxio Group (“Raxio”), a premier pan-African data centre developer and operator kicked off the construction of the country’s first private Tier III…
Ethiopian says ready to transport COVID-19 vaccines globally
Addis Ababa, March 8, 2021 (FBC) - Ethiopian Airlines (Ethiopian) is set to take a lead role in ferrying COVID-19 vaccines around the world and expects demand for the service to last for up…
Ethiopia plans to generate $17b from mining sector
Addis Ababa, March 8, 2021 (FBC) –The Ministry of Mines and Petroleum has announced plans to generate over $17 billion from mining sector over the coming 10 years.
The Ministry made the…
A private company to build a 114 mln Birr lodge at Koysha attraction site
Addis Ababa, March 5, 2021 (FBC) – A private company named Omotic Association ltd announced preparation to build a lodge at Koysha attraction site at a cost of 114 Million Birr.
Lodges…
Ethiopia holds virtual tourism promotion event in Belgium
Addis Ababa, March 4, 2021 (FBC) -Ethiopian embassy in Brussels and Ethiopian Airlines' Benelux Area office co-organized a virtual event today titled "Ethiopian’s Tourism Potentials:…
Ethiopian may be Africa’s post-pandemic winner: Analysts
Addis Ababa, February 2, 2021 (FBC) -Ethiopian Airlines (Ethiopian) is well positioned to emerge as African industry winner from the Covid-19 pandemic, says analysts.
An associate…