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Ethiopia working to expand scopes of export items to Azerbaijan – Minister
Addis Ababa, October 11, 2024 (FBC) – Ethiopia is actively working to expand the scopes of export items to Azerbaijan by unleashing all export potentials, the Minister of Trade and Regional…
Ethiopian coffee becomes very popular in Chinese market: Embassy
Addis Ababa, October 11, 2024 (FBC) – The Embassy of China in Addis Ababa announced that, in recent years, Ethiopian coffee has become very popular in the Chinese market.
The Embassy said…
Ethiopian Airlines announces three additional flights to/from Amman
Addis Ababa, October 9, 2024 (FBC) - Ethiopian Airlines has introduced three additional flights to/from Amman, Jordan.
The additional flights will be operational every Monday, Wednesday,…
Ethiopian Investment Holdings manages assets worth $150 billion
Addis Ababa, October 8, 2024 (FBC) - The International Forum of Sovereign Wealth Funds, which monitors such funds globally, recognized the Ethiopian Investment Holdings as Africa’s largest…
EIC, China’s CKIIG ink Sub-Developer Agreement worth $50M
Addis Ababa, October 8, 2024 (FBC) – Ethiopian Investment Commission (EIC) and China’s Chongqing Kunhuang International Industry Group (CKIIG) have signed a Sub-Developer Agreement for…
Over $21.5 billion foreign currency obtained in 2023/24 fiscal year – President Taye
Addis Ababa, October 7, 2024 (FBC) – The newly appointed president of the Federal Democratic Republic of Ethiopia, Taye Atske-Selassie said that his country has obtained more than 21.5…
NBE announces sale of $175M to the foreign exchange market
Addis Ababa, October 3, 2024 (FBC) – The National Bank of Ethiopia (NBE) announced today that it has allocated and will sell $175mn to the foreign exchange market to help address…
New Airport to Boost Connectivity, Make Addis Aviation Hub: CEO
Ethiopian Airlines’ new airport will boost its connectivity and promote the capital Addis Ababa to become an aviation and air transport hub, said Ethiopian Airlines Group CEO Mesfin Tassew.…
WASME emphasizes collaboration between Ethiopia, India to unlock business potential
Addis Ababa, October 2, 2024 (FBC) – Ambassador Bizunesh Meseret, Chrgée d’Affaires of the Ethiopian Embassy in New Delhi, briefed a group of Indian IT companies delegates on the business…
China’s Guangzhou Wondfo Biotech expresses readiness to invest in Ethiopia
Addis Ababa, October 2, 2024 (FBC) – Guangzhou Wondfo Biotech Co., Ltd, a Chinese company that produces 200 million medical test kits annually, has stated that it is ready to invest in the…