Addis Ababa, December 20, 2022 (FBC) – More than 615 million USD has been earned from coffee export over the past five months, according to the Ethiopian Coffee and Tea Authority. The Authority’s Deputy Director-General, Shafi Oumar said that the foreign currency was obtained by exporting over 109,000 tons of […]
Yearly Archives: 2022
130 posts
Addis Ababa, December 20, 2022 (FBC) – The modern dry port built to facilitate the activities of the Dire Dawa Free Trade Zone has already begun handling of more than 150 trucks on daily basis, according to the Ethiopian Shipping and Logistics Service Enterprise (ESLSE). It is to be recalled […]
Addis Ababa, December 19, 2022 (FBC) – Ethiopian Airlines expects its passenger business to return to pre-pandemic levels in its current financial year ending in June, said Mesfin Tasew, CEO of the Airline. Ethiopian Airlines, Africa’s biggest carrier, will ferry 12.7 million passengers during the year, Mesfin Tasew Bekele said […]
Addis Ababa, December 19, 2022 (FBC) – The Ethiopian Agricultural Authority (EAA) announced that over 41 million USD was earned from meat products exported to the foreign market in the last five months. The Authority indicated that it is working to supply 28,000 tons of meat products to the foreign […]
Addis Ababa, December 16, 2022 (FBC) – Ambassador of Ethiopia to Japan, Tefera Derbew discussed with Vice President of Mitsubishi Corporation, Tetsuya Shinohara on burgeoning investment opportunities in Ethiopia. The two exchanged views on Mitsubishi Corporation’s activities in Ethiopia particularity in the Tulu Moye Geothermal Power Project II and explored […]
Addis Ababa, December 15, 2022 (FBC) – The Ethiopian Embassy in London has announced that it is hosting the first Ethiopian Coffee Exhibition in the capital of the United Kingdom, on December 17. Ethiopia is one of the world’s leading producer, consumer, and exporter of coffee, and coffee, the country’s […]
Addis Ababa, December 13, 2022 (FBC) – Ethiopian Airlines Group wants to almost double its fleet over the next 12 years and expand its global network as Africa’s largest carrier seeks to better compete with other international carriers linking passengers between Asia, the Americas and Europe, according to Bloomberg’s report. […]
Addis Ababa, December 12, 2022 – More Finnish businesses are interested to explore lucrative investment opportunities in Ethiopia, according to Under-Secretary of State for Development Policy at the Ministry for Foreign Affairs of Finland, Pasi Hellman. The FDRE Minister of State for Finance, Semerita Sewasew, held discussion with Finnish delegation, […]
Addis Ababa, December 12, 2022 (FBC) – Digitalization will turbocharge the African Continental Free Trade Area (AfCFTA), stated the UN Economic Commission for Africa (ECA). The Economic Commission for Africa (ECA) has launched two key publications making a case for Africa’s participation in global value chains and leveraging digitalization and […]
Addis Ababa, December 12, 2022 (FBC) – The Ethiopian Ministry of Trade and Regional Integration (MoTRI) announced that the Chinese government has allowed some 1,644 Ethiopian products to enter the Chinese market duty-free. The Ministry stated that 1,644 products out of 6,422 Ethiopian products traded in general can be sent […]
Addis Ababa, December 10, 2022 (FBC) – The capital markets being introduced to Ethiopia are very important to the economy as they would raise capital from external and domestic sources of finance, Senior Policy Advisory Costantinos Berhutesfa said. It is to be recalled that the government had established an institution […]
Addis Ababa, December 8, 2022 (FBC) – Ethiopian Investment Commission (EIC) and the European Union Business Forum affirmed the need for continuous dialogue for a strong partnership between EIC and EU Businesses in Ethiopia. EIC together with the EU Business forum held discussion on partnership opportunities and Foreign Direct Investment […]