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Indian firms invited to tap investment opportunities in Gambella region
Addis Ababa, December 19, 2023 (FBC) – Chief administrator of Gambella region, Mr. Umod Ujulu invited Indian businesspeople to exploit the alluring investment opportunities in Gambella…
Ethiopian Airlines, Citi sign a $450mln loan agreement for 5 new aircraft
Addis Ababa, December 19, 2023 (FBC) – Ethiopian Airlines, Africa’s largest carrier, today announced a landmark USD $450 million loan agreement that will finance five new Boeing aircraft:…
Ethiopia aIms to increase exports to China
Addis Ababa, December 18, 2023 (FBC) - State Minister of Foreign Affairs of Ethiopia, Ambassador Mesganu Arga, welcomed a delegation led by the Ethio-China Friendship and Cooperaton…
Ethio-Russian manufacturing partnership beacon of success: Minister of Industry
Addis Ababa, December 18, 2023 (FBC) – The Ethio-Russia partnership in manufacturing is a beacon of collaborative success, Minister of Industry, Melaku Alebel said.
Russian business…
Russia’s AvtoVAZ, Ethio Engineering Group sign agreement to manufacture Lada cars in Ethiopia
Addis Ababa, December 17, 2023 (FBC) - AvtoVAZ, the state-owned Russian automaker, and Ethiopia Engineering Group, Ethiopian public public enterprise, have signed letter of intent to…
Ethio telecom rolls out cutting-edge products, services
Addis Ababa, December 15, 2023 (FBC) – Ethio telecom today launched new value-adding services to its customers today that allow them to make phone calls with a super audio and video quality.…
CBE payment card service receives security certification
Addis Ababa, December 15, 2023 (FBC) – The Commercial Bank of Ethiopia (CBE) has received recognition and certification from SISA, an international organization working on cyber security,…
Ethiopia holds Global Investor Call, reiterates intention to treat all external creditors equitably
Addis Ababa, December 15, 2023 (FBC) – The Ministry of Finance of Ethiopia today held a Global Investor Call to update its bondholders on the latest macroeconomic developments in the…
Brazilian investors invited to tap opportunities in Ethiopia
Addis Ababa, December 14, 2023 (FBC) – Mr. Aklilu Taddese, the CEO of the Industrial Parks Development Corporation (IPDC), highlighted the significance of Ethiopia's entry into BRICS for…
Gov’t ready to welcome, support Qatari investors: State Minister
Addis Ababa, December 14, 2023 (FBC) – Ambassador Mesganu Arga, State Minister for Foreign Affairs, together with Ms. Lelise Neme, Chief Commissioner for Ethiopian Investment Commission and…