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Coffee exports soar as government support bears fruit
Addis Ababa, February 2, 2025 - The Ethiopian government's increased attention to the country's coffee sector has led to a significant surge in coffee exports, according to Sebsib Abafira,…
Ethio-Engineering aiming to manufacture electric vehicles in Ethiopia
Addis Ababa, January 29, 2025 (FMC) – Ethio-Engineering Group announced that it has been making preparations to manufacture electric vehicles in Ethiopia.
The group CEO, Suleiman Dedefo,…
Special Economic Zones attracted over $590M in investment in 6 months – IPDC
Addis Ababa, January 27, 2025 (FMC) – Ethiopia’s Industrial Parks Development Corporation (IPDC) today reported that investors who have registered investments of over 597 million US dollars…
EIC marks operational commencement, investor placement of Dire-Dawa FTZ
Addis Ababa, January 25, 2025 (FMC) – The Ethiopian Investment Commission (EIC), together with key stakeholders including the Ministry of Trade and Regional Integration (MoTRI), the Customs…
Indian auto company Vipar expresses desire to invest in Ethiopia
Addis Ababa, January 24, 2025 (FMC) – Indian car company Vipar Auto FZCO has announced its intention to invest in the sector in Ethiopia.
This was announced following a meeting between…
Pakistan pledges to facilitate its vast market opportunities for Ethiopian products
Addis Ababa, January 24, 2025 (FMC) – The government of Pakistan has vowed to facilitate its vast market opportunities to Ethiopian products with a bid to further strengthen economic…
Japanese investors explore potential opportunities in Ethiopia’s tourism sector
Addis Ababa, January 24, 2025 (FMC) – The Ethiopian Ministry of Tourism hosted a symposium to inform Japanese business leaders and investors about the abundant investment opportunities in…
Japanese Companies Showing Growing Interest to Explore Business Opportunities in Ethiopia
Addis Ababa, January 23, 2025 (FMC) - Japanese companies are showing growing interest to explore business opportunities in Ethiopia and the recent Ethio-Japan Trade and Investment Symposium…
Ethiopian Cargo expands global operations with acquisition of new Boeing 777 Freighter Aircraft
Addis Ababa, January 23, 2025 (FMC) Ethiopian Cargo received a new Boeing 777 Freighter Aircraft on Thursday to expand its capacity and enhance its global operations.
This milestone…
Ethiopia earns $1.5 billion from gold exports in six months
Addis Ababa, January 22, 2025 (FMC) – The Ministry of Trade and Regional Integration has reported that Ethiopia earned $1.5 billion from gold exports in the first half of the current fiscal…