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Business
NISK Capital expresses interest to invest in Ethiopia
Addis Ababa, January 8, 2021 (FBC) – The US based financial services company, NISK Capital expressed interest to invest in Ethiopia.
Ambassador Extraordinary and Plenipotentiary of…
Construction of Dilla Industrial Park completed: Corporation
Addis Ababa, January 8, 2021 (FBC) -The construction of Dilla Industrial Park in the SNNP regional state has been completed, the regional Industrial Parks Development Corporation disclosed.…
Two Chinese companies to purchase Ethiopian coffee beans
Addis Ababa, January 6, 2021 (FBC) -Luckin Coffee (China) Co. Ltd., and Louis Dreyfus Company (China) Ltd., have signed a Strategic Cooperation Framework Agreement to purchase Ethiopian…
Joint Forum discusses FDI bottlenecks in Ethiopia
Addis Ababa, January 5, 2021 (FBC) -The joint forum established to tackle challenges of attracting Foreign Direct Investment (FDI) in Ethiopia has held its regular meeting today.
The…
Sri Lanka-based Hela Clothing strikes intimates joint venture in Ethiopia
Addis Ababa, January 5, 2021 (FBC) -Sri Lanka-based global apparel manufacturer, Hela Clothing, has taken a 50% stake in Indonesia's Submiri Intimates Apparel Plc in a move that sees the…
IDPS, high officials discuss planned Industrial Park construction in Somali Region
Addis Ababa, January 5, 2021 (FBC) – Industrial Parks Development Corporation (IPDC) discussed with high ranking officials of Somali region on pre-construction activities underway to build…
Horticulture becoming potential foreign currency earning center: Agriculture Ministry
Addis Ababa, January 4, 2021 (FBC) – Higher officials and experts of the Ministry of Agriculture discussed with various stakeholders on ways of transforming the horticulture sector.…
Ethiopia earns over $340m from mineral export in six months
Addis Ababa, January 2, 2021 (FBC) –The Ministry of Mines and Petroleum said more than $340 million has been obtained in revenue from mineral export in the first half of this budget year.…
Ethiopian-DHL, AeTrade Group agree to transport historical parcels under AfCFTA
Addis Ababa, January 2, 2021(FBC)-Ethiopian Airlines (Ethiopian)-DHL and African Electronic Trade (AeTrade) Group announced partnership to transport historical parcels in the African…
Ethiopia and China hold business cooperation seminar
Addis Ababa, December 31, 2020 (FBC) - Ethiopia and China held a business cooperation seminar on Tuesday in Guangzhou, South China’s Guangdong Province.
Held under the theme:…