Addis Ababa, October 10, 2022 (FBC) – Ethiopian Electric Power announced that it has earned more than 13 million USD from electric power export to Sudan and Djibouti in the last 2 months. According to Sales and Customer Manager of EEP’s Marketing & Business Development Department, Minilik Getahun, EEP exported […]
Daily Archives: October 13, 2022
Addis Ababa, October 6, 2022 (FBC) – Safaricom Ethiopia has today switched on its mobile telecommunications network and services in Addis Ababa. Safaricom Ethiopia is also holding a ceremony today to mark its national launch. The Ethiopian government launched Digital Ethiopia 2025 to help the country realise its digital potential […]
Addis Ababa, October 6, 2022 (FBC) – Ethiopian Electric Power (EEP) has announced that it has collected more than 2.7 billion Birr from local power supply and Optical Ground Wire (OPGW) rental only in the last two months. According to Mnilik Getahun, Sales and Customer Management Manager at EEP’s Department of Marketing […]
Addis Ababa, October 5, 2022 (FBC) – Ethiopian Investment Holdings has reached an agreement with Africa’s leading global logistics gateway, Tanger Med Special Agency (TMSA), to renovate the Qality inland port and upgrade it into logistics center. Last week, a delegation led by Ethiopia Investment Holdings CEO, Mamo Mehretu, and […]
Addis Ababa, October 5, 2022 (FBC) – Kanoria Africa Textile PLC is the first fully integrated textile factory that uses Ethiopian cotton to produce Denim fabric and jeans garments. Established in 2015 on 15.3 hectares of land, having a zero liquid discharge treatment plant, the company also created over 1230 […]
Addis Ababa, October 3, 2022 (FBC) – The Istanbul Free Industry and Trade Zone has expressed interest to collaborate with its counterpart in Ethiopia, Dire Dawa Free Trade Zone. An Ethiopian delegation comprising leadership and experts of several public institutions has visited the Istanbul Free Industrial and Trade Zone in […]
Addis Ababa, October 4, 2022 (FBC) – The Commercial Bank of Ethiopia (CBE) ranks first among all East African banks with a total asset of 22 billion USD, and it has almost double the assets of Kenyas’s Equity Bank Group, according to the data published by African Business. CBE also […]