Addis Ababa, May 31, 2022 (FBC) – Coca-Cola Beverages Africa Ethiopia inaugurated its 5th mega manufacturing plant in Sebeta town, Oromia region. Chief Administrator of Oromia Region, Shimelis Abdisa and Industry Minister, Melaku Alebel along with other senior government officials has attended the inauguration ceremony. In his remarks on the inauguration […]
Monthly Archives: May 2022
Addis Ababa, May 28, 2022 (FBC) – Spanish pharmaceutical manufacturer Reg Joffri has expressed interest to entering the Ethiopian industrial parks. Representatives of the company have discussed with CEO of Ethiopian Industrial Parks Development Corporation, Sandokan Debebe on how to join the industrial climate in Ethiopia. During the discussion, the […]
Addis Ababa, May 24, 2022 (FBC) -Ethiopian Deputy Head of Mission in China, Ambassador Dawano Kedir held a virtual discussion with Ya Xian – Executive-Director and General-Manager of Southwest Pharmaceutical Co., Ltd, which is one of the top 100 pharmaceutical companies in China, on ways in which the company can […]
Addis Ababa, May 24, 2022 (FBC) – Indian investment and business delegation is conducting a visit to various industrial parks in Ethiopia in pursuit of exploring collaborations and partnerships. The delegation is composed of investment and business community from different parts of India that has shown interest in potential investments […]
Addis Ababa, May 30, 2022 (FBC) – Boeing and Ethiopian Airlines today announced the carrier is further expanding its all-Boeing freighter fleet with an order for five 777 Freighters. “The addition of these five 777 Freighters into our cargo fleet will enable us to meet the growing demand in our […]
Addis Ababa, May 23, 2022 (FBC) – A delegation headed by Ambassador Extraordinary and Plenipotentiary of Ethiopia to Kenya, Meles Alem and representatives of the Governments of Kenya and South Sudan with regards to the Lamu Port-South Sudan-Ethiopia- Transport (LAPSSET) Corridor Project paid a scoping mission to the Northern Corridor […]
Addis Ababa, May 20, 2022 (FBC) – Ethio telecom built and launched a modern modular data center recently and has been utilizing it for its own multiple purposes and leasing for enterprises. The company has signed a memorandum of agreement today with Zemen Bank, Rays Micro Finance, ZamZam Bank, Hijira […]
Addis Ababa, May 20, 2022 (FBC) – Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to the Islamic Republic of Pakistan, Ambassador Jamal Bekir, had a meeting with Dr. Adugna Debela, Director-General of Ethiopian Coffee and Tea Authority. Noting the all-time high exports of Ethiopian coffee this […]
Addis Ababa, May 19, 2022 (FBC) – Ethiopia has seen a growing potential in China’s booming coffee market as China becomes one of the largest importers of Ethiopian coffee, Coffee and Tea Authority announced. Adugna Debela (PhD), Director General of the Ethiopian Coffee and Tea Authority, told Xinhua recently that […]
Addis Ababa, May 18, 2022 (FBC) – The International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from over 40 countries, has admitted the Ethiopian Investment Holdings as an associate member. Ethiopian Investment Holdings (EIH) was founded in January 2022 as a holding company. EIH […]
By ABN Editor -May 20, 2022 Ethiopia and China have signed a Memorandum of Understanding (MoU) on investment promotion and facilitation which will serve as a new cooperation mechanism for investment, according to Ministry of Foreign Affairs. The MoU was an outcome of the joint Investment and Trade Cooperation Forum both sides […]
By ABN Editor -May 11, 2022 State-owned operator Ethio Telecom launched a 5G mobile phone service on Monday in a key step ahead of competition from new entrants in an industry that has been closed for international players. Next-generation 5G networks can provide data speeds at least 20 times faster than 4G […]