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Central Bank Signals End to Credit Gaps by September KEY TAKEAWAYS Ethiopian Investment Holdings (EIH) has stepped into the Treasury Bill (T-bill) market for the first time, investing nearly seven billion Birr, marking a notable shift for commercial entities in the public debt arena. Executives of the sovereign fund believe […]
China’s Huajian Group is preparing to open an electric-vehicle assembly plant in the Eastern Industrial Zone (EIZ) in Dukem, 40 kilometers south of Addis Ababa, as part of its plans to expand investment in Ethiopia, The firm is already importing vehicles from China through an agreement with Guangzhou Automotive Corporation […]
Addis Ababa looks to the East for a massive Addis Tomorrow Special Economic Zone project whose construction has just been launched through ATID, a joint venture between the Addis Ababa City Administration and China Communications Construction Company (CCCC). The venture is the latest in a slew of development projects being […]
The Trade Development Authority of Pakistan (TDAP) and the Pakistani Ministry of Commerce, in collaboration with the Pakistani Embassy in Ethiopia commercial wing, have announced the 5th Pakistan-Africa Trade Development Conference (PATDC) and an exhibition of Pakistani products will be held in Addis Ababa at the Millennium Hall from May […]
Addis Ababa, May 13, 2025 (FMC) — More than 830 industries that had ceased production due to various reasons have resumed operation after the Made in Ethiopia Movement in Ethiopia, according to the Ministry of Industry. Industry State Minister Tarekegn Bululta told l9cal news agency ENA that a range of […]
Addis Ababa 13, 2025 (FMC) — The Invest in Ethiopia 2025 High-Level Business Forum concluded today in Addis Ababa, marking a significant step in the country’s drive to attract foreign investment and foster private sector growth. The two-day event, which gathered global investors and key stakeholders, highlighted Ethiopia’s ongoing comprehensive […]
Addis Ababa, May 12, 2025 (FMC) — Ethiopia is accelerating its efforts in opening up its business environment to attract more foreign direct investment (FDI), senior government officials announced. Speaking at the opening of the Invest Ethiopia 2025 high-level business forum in Addis Ababa, Finance Minister Mr. Ahmed Shide emphasized the country’s […]
Addis Ababa, May 12, 2025 (FMC) – Ethiopia’s Minister of Planning and Development, Fitsum Assefa, has presented a comprehensive investment pitch identifying multibillion-dollar opportunities in energy, healthcare, pharmaceuticals, ICT, manufacturing, real estate, and tourism, while outlining the government’s recent reform efforts to create an enabling business climate. At the opening […]
Addis Ababa, May 12, 2025 (FMC) – Ethiopia’s ongoing macroeconomic reforms are significantly enhancing the country’s appeal to foreign investors, according to Zeleke Temesgen, Chief Commissioner of the Ethiopian Investment Commission (EIC). Commissioner Zeleke emphasized that considerable efforts have been made to promote Ethiopia’s vast investment potential on the global […]
Addis Ababa, May 12, 2025 (FMC) – President Taye Atske-Selassie revealed that Ethiopia is actively pursuing policy reforms and strategies to position itself as a key gateway to the global market and a leading destination for investment. Speaking at the opening of a two-day high-level business forum in Addis Ababa […]
Addis Ababa, May 12, 2025 (FMC) –The 2025 edition of the Africa CEO Forum will gather 2,000 CEOs, investors and public sector leaders from over 75 countries in Abidjan from May 12 – 13, 2025. The Forum is the continent’s premier gathering, bringing together Africa’s top executives, global investors, and […]
Addis Ababa, May 11, 2025 (FMC) — Special Economic Zones (#SEZs) in Ethiopia are yielding tangible results by expanding diverse investment and creating sustainable market linkages for farmers, Deputy CEO of the Industry Parks Development Corporation (IPDC) said. The IPDC highlighted that following the national reforms, Ethiopia’s capacity to execute […]