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NBE concludes special FX auction with a weighted average rate of Birr 107.9 per a USD
Addis Ababa, August 7, 2024 (FBC) – The National Bank of Ethiopia (NBE) has announced the conclusion of the Special Foreign Exchange Auction with a weighted average rate of Birr 107.9 per a…
Ethiopia’s macroeconomic reform ushers in competitive investment opportunity: Indian Investor
Addis Ababa, August 7, 2024 (FBC) – The Macroeconomic reform policy which Ethiopia has embarked on has created great opportunity for competitive investment in the country, Indian investor…
China’s foreign trade volume hits $3.5T in Jan-July
Addis Ababa, August 7, 2024 (FBC) – China’s foreign trade reached a new high of $3.5 trillion, up 6.2% year-on-year, in Jan. – July, Beijing-based news agency Xinhua reported on Wednesday,…
Ethiopian Airlines signs MoU with Satarem on production, use of Sustainable Aviation Fuel
Addis Ababa, August 4, 2024 (FBC) - Ethiopian Airlines Group has signed an MoU with Satarem America Inc. to partner on production and use of Sustainable Aviation Fuel (SAF) in Ethiopia.…
IPDC unveils initiatives to boost investments in Jimma’s natural resources
Addis Ababa, August 4, 2024 (FBC) – Feseha Yitagesu (PhD), CEO of the Industrial Parks Development Corporation (IPDC), has announced a series of initiatives aimed at attracting investments…
ZTE Ethiopia unveils Nubia Music Smartphone
Addis Ababa, August 3, 2024 (FBC) - ZTE Ethiopia announced Nubia Music smartphone, a mobile phone with music spirit in an event held today in Addis Ababa.
During the launching ceremony,…
Decision Made on FX Management Milestone to Foster Sustained Economic Growth
Addis Ababa, August 3, 2024 (FBC) – National Bank Governor Mamo Mehretu remarked that the decision made on foreign exchange (FX) management system is historical aimed at fostering sustained…
Ethiopian Airlines announces partnership with UN Transport Security Administration PreCheck® program
Addis Ababa, August 2, 2024 (FBC) - Ethiopian Airlines Group, has announced partnership with the United States (US) Transport Security Administration (TSA) PreCheck® program.
The program…
Reforms made to enhance Chinese investors’ engagement in industrial parks: IPDC
Addis Ababa, August 1, 2024 (FBC) – Fisseha Yitagessu (PhD), CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), announced ongoing efforts to enhance the involvement of…
Moha Soft Drinks Industry S.C. Announces Consumer Awards
Addis Ababa, August 1, 2024 (FBC) – Moha Soft Drinks Industry S.C. has officially announced a new awards program for its consumers in Ethiopia.
During a press conference today, Nigus…