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EIC, stakeholders discuss the Special Economic Zone draft directive
Addis Ababa, December 30, 2024 (FMC) – The Ethiopian Investment Commission (EIC) held a consultative workshop meeting with the stakeholders on the draft of the Special Economic Zone (SEZ)…
Korea’s Wonkiso expresses desire to engage vaccines manufacturing in Ethiopia
Addis Ababa, December 30, 2024 (FMC) – Wonkiso, a company from the Republic of Korea operating under Seoul Pharmaceutical Limited, has expressed its desire to engage in manufacturing of…
CBE records 1.9 trillion birr in assets
Addis Ababa, December 28, 2024 (FMC) – The total assets of Commercial Bank of Ethiopia (CBE) have reached 1.9 trillion birr, the bank's president Mr. Abe Sano has disclosed.
Mr. Abe Sano…
Ethio Telecom introduces 4G mobile services in 67 cities Nationwide
Addis Ababa, December 27, 2024 (FMC) – Ethio Telecom has officially launched 4G LTE mobile services in 67 cities throughout the country.
The rollout of these advanced services comes in…
Ministry of revenues says 380 billion racked up over past five months
Addis Ababa, December 26, 2024 (FMC) – The Ministry of Revenue of Ethiopia (MoR) revealed that some 380 billion Birr has been collected over the last five months of the current fiscal year.…
Chinese car manufacturer enters Ethiopian market
Addis Ababa, December 24, 2024 (FMC) – The Chinese car manufacturer BYD made its official debut in the Ethiopian market via a brand launch event in Addis Ababa, in collaboration with local…
IPDC Commits to Enhancing Involvement of Fujian Investors in Ethiopia
Addis Ababa, December 23, 2024 (FMC) - The Industrial Parks Development Corporation (IPDC) has announced its dedication to increasing the engagement of investors from Fujian province in…
Japanese car giants Honda and Nissan announce plans to merge
Addis Ababa, December 23, 2024 (FMC) — Japanese car giants, Honda and Nissan, have announced plans to merge that would make them the third largest car maker by sales, behind Toyota Motor…
TDAP explores Ethiopian market for agro and food Products
Addis Ababa, December 23, 2024 (FMC) - The Trade Development Authority of Pakistan (TDAP), through its International Markets Development Division (Africa Desk), organised a webinar titled…
Investors with over 2.6 billion Birr capital set to engage in Jimma SEZ – IPDC
Addis Ababa, December 22, 2024 (FMC) – Investors with more than 2.6 billion birr capital are going to start coffee and tea leaf production in Jimma Special Economic Zone, according to…