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Business
A Chinese company shows interest to engage in paper production in Ethiopia
Addis Ababa, March 26, 2024 (FBC) - Wenzhou Nixin Trading, a Chinese company with an investment capital of 300 million USD, has expressed its interest in producing paper in industrial parks.…
Embassy runs Light-up Villages Program Ethiopia-China Business Forum in Beijing
Addis Ababa, March 25, 2024 (FBC) - The Ethiopian Embassy in Beijing, in collaboration with the Ethiopia-China Friendship and Cooperation Committee, jointly organized a forum entitled "Light…
Mekele Industrial Park resumes operations
Addis Ababa, March 22, 2024 (FBC) – The Industrial Parks Development Corporation of Ethiopia (IPDC) has confirmed the successful resumption of full-scale production at the Mekele Industrial…
Ethiopia, China discuss economic cooperation through BRI
Addis Ababa, March 22, 2024 (FBC) – Ethiopia’s Ministry of Finance engaged in consultations with a high-level Chinese delegation regarding the new economic cooperation between the two…
Senior officials of Russian Novgorod region express interest to collaborate with IPDC
Addis Ababa, March 21, 2024 (FBC) - Industrial Parks Development Corporation (IPDC) CEO, Aklilu Tadesse had a discussion with a delegation led by the first deputy governor and administrator…
Indian chemical industry delegation to visit Ethiopia this week
Addis Ababa, March 19, 2024 (FBC) – Indian Chemical Industry delegation drawn from 25 diverse companies will conduct a visit to Ethiopia from March 20-25, 2024, the Ethiopian Embassy in New…
China’s CMEC planning to engage in energy, mining sectors in Ethiopia
Addis Ababa, March 18, 2024 (FBC) - China Machinery Engineering Corporation Group (CMEC) announced that it is planning to invest in the mining, renewable energy, and construction sectors in…
Ethiopia signs a €9.5M grant agreement with Finland
Addis Ababa, March 15, 2024 (FBC) – Ethiopia signed a 9.5 million Euros (approximately 590 million Ethiopian Birr) grant agreement with Finland at the Ministry of Finance.
The purpose of…
Maltese companies exploring areas of collaboration with Ethiopian counterparts
Addis Ababa, March 13, 2024 (FBC) - Maltese companies that attended the 1st Ethiopia-Malta Business Forum held yesterday in Addis Ababa are assessing areas of collaboration with Ethiopian…
Gov’t implementing multi-pronged strategy to rein in inflationary pressures: Finance State…
Addis Ababa, March 12, 2024 (FBC) - The Government of Ethiopia has been taking monetary, fiscal and development policy measures that stabilize inflation, Finance State Minister Eyob Tekalign…