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Russian cars to be assembled in Ethiopia – envoy
Addis Ababa, May 29, 2023 (FBC) - Russian automakers are considering setting up an assembly plant in Ethiopia, RT reports, citing Russia’s Ambassador to Ethiopia, Evgeny Terekhin.
He told…
EIH marks synergies for improved performance
Addis Ababa, May 28, 2023 (FBC) – The Ethiopian Investment Holdings (EIH) held a discussion with its subsidiary companies on its Draft 5 Year Strategic Plan.
Reflections on the past…
Mabru expressed keen interest in Ethiopia’s business opportunities
Addis Ababa, May 26, 2023 (FBC) – Ambassador Shamebo Fitamo, Vice Head of the Ethiopian Mission in Brussels, Belgium held a discussion with Laurent NYS, Director General of Mabru of Belgium,…
Embassy invites business community to partake 5th Edition of Ethiopian Agro food, Plastprintpack…
Addis Ababa, May 26, 2023 (FBC) – The German embassy in Addis Ababa has invited business communities to participate in the upcoming Ethiopian Agro food and Plastprintpack trade fair.
The…
CBE Digital Transaction Jumps over 2 Trillion Birr in Last Nine Months: Bank President
Addis Ababa, May 24, 2023 (FBC) – Some 2.2 trillion Birr transaction or money transfer has been made through digital banking services in the last nine months, Commercial Bank of Ethiopia…
EDR Commences Transportation of Heavy Trucks by Train from Djibouti Port
Addis Ababa, May 24, 2023 (FBC) – Ethio-Djibouti Railway has today officially begun transportation of medium and heavy trucks by train from Djibouti port to Addis Ababa for the first time.…
Etisalat expresses interest to enter Ethiopian telecom market
Addis Ababa, May 23, 2023 (FBC) – Ethiopian Minister of State for Finace, Eyob Tekalign (PhD), held virtual meeting with CEO of Etisalat, Hatem Dowidar, Emirates Telecommunications Group…
Ethiopia issues a request for proposal for privatization of 8 state-owned sugar enterprises
Addis Ababa, May 23, 2023 (FBC) - The Ministry of Finance (MoF) and Ethiopian Investment Holdings (EIH), on behalf of the Federal Democratic Republic of Ethiopia (GoE), have announced the…
EIC delegation visits CCCT in Beijing
Addis Ababa, May 20, 2023 (FBC) -Ethiopian Investment Commission, investment promotion delegation led by Temesgen Tilahun, Deputy Commissioner of Ethiopian Investment Commission visited…
Chinese Hunan Province keen on investing in Ethiopia
Addis Ababa, May 20, 2023 (FBC) -Deputy Commissioner of the Ethiopian Investment Commission (EIC), Daniel Teressa along with the representatives of the Ethiopian Chamber of Commerce met…