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Over the past three years, the e-commerce industry has seen rapid evolution driven by shifts in consumer behavior, technological advancements, and global economic forces. Here are the key trends that have shaped the sector: 1. Mobile Commerce (M-Commerce) Surge 2. Rise of Social Commerce 3. AI-Powered Personalization 4. Subscription and […]
Addis Ababa, June 4, 2025 (FMC) – African Export-Import Bank (Afreximbank) has praised Ethiopia’s transformative economic reforms, reaffirming its commitment to scaling up continued support for one of Africa’s fastest growing economies. Client Relations Acting Group Managing Director at Afreximbank, Eric Monchu Intong commended Ethiopia’s immense reforms being implemented in […]
Addis Ababa, June 4, 2025 (FMC) — The Ethiopia-Belgium Business Forum has given us the opportunity to explore Ethiopia’s extensive investment prospects, Chamber of Commerce, Industry and Agriculture for Belgium, Luxembourg, Africa, Caribbean, and Pacific Commercial Director Thomas De Beule said. The commercial director who is among the 14-member Belgian […]
Addis Ababa, June 2, 2025 (FMC) – Ethiopia is more prepared than ever to welcome foreign investment, according to Mr. Zeleke Temesgen, Chief Commissioner of the Ethiopian Investment Commission (EIC). Delivering opening remarks at the Ethiopia–Belgium–Luxembourg Business Forum in Addis Ababa, the Chief Commissioner highlighted that Ethiopia has undertaken over […]
Addis Ababa, June 2, 2025 (FMC) – An Ethiopia-Belgium-Luxembourg Trade and Investment Forum was held in Addis Ababa today, as the business delegation from both countries explore investment opportunities in Ethiopia.. In his opening remarks, the Minister of Finance Ahmed Shide said, Ethio-Belgium and Ethio-Luxembourg bilateral and multilateral cooperations are […]
In a historic gathering that signals a new era of partnership, senior representatives from China, 53 African countries, and the African Union Commission convened in Changsha this week to advance the full implementation of outcomes from the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC). The Ministerial Meeting of […]
Experts anticipate limited impact from foreign financial firms as Ethiopia opens its market. During a panel discussion hosted by Zemen Bank on the theme ‘Economic Liberalization and the Future of Banking in Ethiopia,’ experts examined the implications of foreign financial firms entering the Ethiopian market. The consensus indicated that while […]
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 […]