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Over $14mln obtained from export of soybean by-products: MoTRI
Addis Ababa, January 23, 2024 (FBC) – The Ethiopian Ministry of Trade and Regional Integration (MoTRI) today confirmed that 14.19 million USD was obtained from the export of soybean…
Ethio telecom posts 26 percent annual revenue increase
Addis Ababa, January 23, 2024 (FBC) – In the face of increasing competitive pressures, Ethiopia’s state-owned telecommunications provider, Ethio telecom, has successfully overcome foreign…
MoFA State Minister confers with Chinese business delegation
Addis Ababa, January 23, 2024 (FBC) – Minister of State for Political and Economic Diplomacy at the Ministry of Foreign Affairs, Ambassador Mesganu Arga, earlier today met with a Chinese…
Donors renew commitment to supporting economic reform, transformation of Ethiopia
Addis Ababa, January 19, 2024 (FBC) – During the Partnership Council (PC) Meeting for the Ethiopia Economic Reform Multi-Donor Trust Fund (MDTF), the Donors reaffirmed their commitment to…
Indian firm to start agro-processing with $5mln investment capital in Ethiopia
Addis Ababa, January 18, 2024 (FBC) – An Indian based Nirvana processing Company is finalizing preparations to commence the Agro food processing at Bahir Dar Industrial park in Ethiopia with…
Ethio-Djibouti Railway board, shareholders meeting held
Addis Ababa, January 18, 2024 (FBC) – The Ethio-Djibouti Railway Board and Shareholders convened in the city of Djibouti today to discuss the comprehensive Six-year Report and approve the…
NBE launches design, implementation of Central Securities Depository Project
Addis Ababa, January 17, 2024 (FBC) – The National Bank of Ethiopia (NBE) today disclosed that it has launched the design and implementation of the Central Securities Depository (CSD)…
Chinese mining, energy companies preparing to invest in Ethiopia
Addis Ababa, January 17, 2023 (FBC) – Ethiopian Embassy in Beijing held discussion with China Africa Economic and Trade working Committee which is arranging pre-investment tour for several…
HPC keen to engage in data center construction in Ethiopian industrial parks
Addis Ababa, January 17, 2024 (FBC) – An German company called HPC, which is based in America, expressed interest to invest in Ethiopian industrial parks. HPC is engaged in data center…
ECCSA, GIZ unveil a project to back private companies in the manufacturing industry
Addis Ababa, January 16, 2024 (FBC) - Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) in partnership with the German Agency for International Cooperation (GIZ) has unveiled a…