Business

Addis Ababa, September 22, 2020(FBC)-The Ethiopian Investment Commission and First Consult for BRIDGES Program yesterday signed a partnership agreement to implement the digitization of labor…

Addis Ababa, September 21, 2020 (FBC) – The Bishoftu Electric Power Distribution Station Project built with an outlay of more than 25 Million USD has become ready to go operational soon.…

Addis Ababa, September 21, 2020 (FBC) - The Ethiopia-Djibouti Standard Gauge Railway has recorded an over 51 percent increase in revenue during the first half of 2020 despite the…

Addis Ababa, September 19, 2020 (FBC) – Ministry of Revenue announced that it has collected 42.2 Billion Birr over the last two months. The Ministry said it has achieved 107 pct of its…

Addis Ababa, September 18, 2020 (FBC) –Fortescue Metals Group Ltd, an Australian company, has shown its interest in investing in Ethiopia’s power sector. Representatives of the company on…

Addis Ababa, September 17, 2020 (FBC) -The National Bank of Ethiopia (NBE) has begun distribution of new banknotes. NBE Governor Dr Yinager Dessie and President of Commercial Bank of…

Addis Ababa, September 16, 2020 (FBC) – Days after the crash in Ethiopia, the House Committee on Transportation and Infrastructure launched its investigation into the design, development and…

Addis Ababa, September 14, 2020 (FBC) - Ethiopian Airlines (Ethiopian), Africa’s largest airline, has resumed flight operations to Windhoek, Namibia. According to Namibia Economist,…

Addis Ababa, September 14, 2020 (FBC) - The government of Ethiopia today introduced new currency notes, with enhanced security features and other distinctive elements. The new currency…

Addis Ababa, September 10, 2020 (FBC) - Despite the challenges of COVID-19, Ethiopia has recorded remarkable achievements in areas of investment and trade during the concluded budget year,…