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Brazilian sugar firm keen to engage in Ethiopian IPs
Addis Ababa, August 25, 2023 (FBC) - A Brazilian company engaged in sugar processing expressed its desire to start investment in industrial parks in Ethiopia, the Industrial Parks…
Amb. Shiferaw confers with Bahrain’s Minister of Industry & Commerce
Addis Ababa, August 24, 2023 (FBC) - The Ethiopian Consul General to Bahrain, Ambassador Shiferaw Geneti, discussed with the Minister of Industry and Commerce of the Kingdom of Bahrain,…
IPDC striving to effectuate leading industrial projects service in Africa: IPDC
Addis Ababa, August 23, 2023 (FBC) – The CEO of Industrial Parks Development Corporation of Ethiopia (IPDC) stated that the corporation is striving to realize a leading industrial projects…
Antex Textile PLC to build affordable houses for 5,000 employees
Addis Ababa, August 22, 2023 (FBC) - Ethiopian Investment Commission (EIC) and Antex Textile PLC have signed MoU to carry out affordable housing development project.
The project is…
Ethiopian Shipping, Logistics amasses over 6bln birr Profit in profit
Addis Ababa, August 21, 2023 (FBC) - The Ethiopian Shipping and Logistics (ESL) announced on Monday that it has amassed over 6 billion birr in profit during the concluded Ethiopian fiscal…
Silver Spark expresses interest to expand business in Ethiopia
Addis Ababa, August 21, 2023 (FBC) - CFO and management teamof Silver Spark Apparel Ethiopia PLC’s parent company (Raymond Lifestyle) met with EIC’s commissioner, Lelise Neme and Deputy…
Ethiopia secures over 3.6 Billion USD from export trade
Addis Ababa, August 21, 2023 (FBC) - Ethiopia has secured more than 3.6 billion US dollar from export trade during the concluded Ethiopian Fiscal Year (EFY), according to the Ministry of…
Addis Ababa City, China’s FHEC sign a deal to build special economic zone
Addis Ababa, August 21, 2023 (FBC) – Addis Ababa City Administration has signed a deal with China Harbour Engineering Company Limited (FHEC) to build a state of the art Special Economic Zone…
Emirati investments in Ethiopia totalled US$2.9 billion at end of 2022: Thani Al Zeyoudi
Addis Ababa, August 18, 2023 (FBC) - Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that the UAE’s leadership had directed the country to strengthen its relations with…
Ethiopian and AAICEC sign equity investment agreement
Addis Ababa, August 18, 2023 (FBC) - Ethiopian Airlines Group and Addis-Africa International Convention and Exhibition Centre (AAICEC) have signed an equity investment agreement.
This is…