Addis Ababa, February 2, 2021 (FBC) -Ethiopian Airlines (Ethiopian) is well positioned to emerge as African industry winner from the Covid-19 pandemic, says analysts. An associate director at Africa Matters in London, Indigo Ellis, says airlines with diverse revenue streams are in a stronger position. Ethiopian is strengthened by the […]
Daily Archives: April 12, 2021
Addis Ababa, March 8, 2021 (FBC) –The Ministry of Mines and Petroleum has announced plans to generate over $17 billion from mining sector over the coming 10 years. The Ministry made the remark during a seven-month performance review meeting held recently. State Minister of Mines and Petroleum, Simegn Wube, said […]
Addis Ababa, March 2, 2021 (FBC) – The Embassy of Ethiopia in Rabat, Morocco held an Ethiopian Coffee Promotion and Traditional ceremony event recently. The event was organized to promote Ethiopian coffee in the Moroccan market that could result in increasing Ethiopian coffee export. The event also provided the opportunity […]
Addis Ababa, March 1, 2021(FBC) – An agreement was signed today between the Oromia Industrial Parks Development Corporation and Walabu Construction Share Company to construct agro-industrial park at a cost of 7.8 billion birr in Nekemte town, Oromia regional state. Oromia Industrial Parks Development Corporation Bureau Head, Sisay Gemechu and […]
Addis Ababa, February 23, 2021 (FBC) – Ethiopian embassy in Algiers has conducted trade, investment, and tourism promotion engagements in the commercial cities of Oran and Mustagan, in Algeria. Ambassador Extraordinary and Plenipotentiary of Ethiopia to Algeria, Nebiat Getachew held fruitful discussions with presidents of Chamber of Commerce and Industry […]
Addis Ababa, February 22, 2021 (FBC) –An Ethiopian delegation led by State Minister of Trade and Industry, Ambassador Mesganu Arga, is participating at the Gulfood, the world’s largest annual food and beverage trade exhibition. Ambassador Ambassador also officially opened the Ethiopian Pavilion at the five-day exhibition kicked off yesterday in […]
Addis Ababa, February 18, 2021 (FBC) – Ethio Telecom has launched its LTE Advanced 4G mobile network for the first time outside the capital Addis Ababa. The service was launched in Adama, Bishoftu, Dukem, Gelan, Modjo and Awash Melkasa towns. The launching event took place in the city of Adama, […]
Addis Ababa, February 17, 2021 (FBC) -Demeke Mekonnen, Deputy Prime Minister and Minister for Foreign Affairs of Ethiopia, took part at the Ethiopia-India business forum today. In his remark, Demeke noted the vibrant engagements of Indian companies in the economic life of Ethiopia serving as the main sources of FDI […]
Addis Ababa, February 16, 2021 (FBC) –State Minister of Finance, Dr. Eyob Tekalign, attended a virtual meeting held to promote Ethiopia’s investment opportunities to French companies. The meeting was held with MEDEF International, the biggest employers’ association in France, regrouping other major French companies some of which have investments in […]
Addis Ababa, February 14, 2021 (FBC) – Ethiopian Airlines’ (Ethiopian) decision to temporarily convert 25 passenger aircraft for cargo operations has helped it to become “cash positive” during the Covid-19 crisis, according to the African carrier’s chief executive Tewolde Gebremariam. Speaking during a CAPA Live event on 10 February, Tewolde […]
Addis Ababa, February 12, 2021 (FBC) –The Addis Ababa city has launched a new website that provides daily market information to the community. The new website links all market places in the city and allows consumers to have access to information about prices of commodities on their mobile phones and […]
Addis Ababa, February 9, 2021 (FBC) – Startup studio 1888EC announced a partnership with the Mastercard Foundation to create the country’s first travel and leisure platform aimed at creating digital solutions and job opportunities within Ethiopia’s tourism sector. 1888EC, a unique and innovative startup studio established through the partnership, is […]