Browsing Category
Business
Ethiopian Airlines set to receive Africa’s first A350-1000 in just two days
Addis Ababa, November 3, 2024 (FBC) - Ethiopian Airlines has shared an exciting update on social media, revealing that the countdown has begun for the arrival of its new A350-1000, just two…
Austrian delegation impressed by pace, reformed investment climate in Ethiopia
Addis Ababa, November 2, 2024 (FBC) – The pace and ambition of the economic reform taking place is very impressive to penetrate investment opportunities in Ethiopia, Elisabeth Hirschbichler…
IPDC attracts over $300M worth of investments in first quarter of 2024/25 FY
Addis Ababa, November 1, 2024 (FBC) – The Industrial Parks Development Corporation (IPDC) today disclosed that it has attracted 300 million USD worth of investments in the first quarter of…
Lemi National Cement Factory begins supplying local market
Addis Ababa, November 1, 2024 (FBC) – The Lemi National Cement Factory, the largest in Ethiopia, has announced that it has commenced supplying its products to the local market since…
Ethiopia begins construction of Africa’s largest airport, expands fleet with 124 new aircrafts
Addis Ababa, October 31, 2024 (FBC) – Addressing the House of Peoples’ Representatives today, Prime Minister Abiy Ahmed (PhD), stated that the government has begun works to construct…
Ethiopian expands cargo network to Ouagadougou
Addis Ababa, October 30, 2024 (FBC) – Ethiopian Airlines, the largest African passenger and cargo carrier, today announced that it is set to start cargo services to Ouagadougou, the capital…
Ethiopia, Gambia ink a deal to improve the existing air transport service agreement
Addis Ababa, October 30, 2024 (FBC) - Ethiopia and Gambia have signed an agreement to revitalize their existing air transport service cooperation.
It is stated that the agreement was…
CADF expresses desire to work closely with EIC in facilitating further investments in Ethiopia
Addis Ababa, October 29, 2024 (FBC) – The China-Africa Development Fund (CADF) has expressed its desire to work in partnership with the Ethiopian Investment Commission (EIC) to facilitate…
Ethiopia-South Africa Business Forum underway in Johannesburg
Addis Ababa, October 28, 2024 (FBC) - The Ethiopia-South Africa Business Forum has officially commenced in Johannesburg.
The forum aims to foster discussions on enhancing trade and…
EIC issues 108 new investment licenses to foreign, domestic investors in 3 months
Addis Ababa, October 28, 2024 (FBC) – Some 108 foreign and domestic investors have received investment licenses in the first quarter of the current Ethiopian fiscal year, according to…