Addis Ababa, November 17, 2022 (FBC) – Ethiopia has officially started exporting electricity to Kenya as of today, November 17, 2022. The Ethio-Kenya 500 kilovolt power transmission line and converter substation has officially started selling electricity to Kenya. It is stated that the Ethio-Kenya 500 kilovolt transmission line, which officially […]
Monthly Archives: November 2022
10 posts
Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Ministry of Industry announced that efforts are being made to collect 562 million USD from the manufacturing sector. According to the Minister of Industry, Melaku Alebel, the Ministry will focus on collecting better foreign exchange in the sector by filling the […]
Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Investment Commission (EIC) and Industrial Parks Development Corporation (IPDC) management jointly met with the Carvico Ethiopia P.L.C representatives, and reviewed the company’s investment status and challenges. According to the Ethiopian Investment Commission, Carvico Ethiopia is playing a significant role in creating […]
Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Embassy in China co-hosted with China Cement Association a promotion event to promote cement industry in Ethiopia. The Ethiopian Investment Commission (EIC) and the Ministry of Mines and Petroleum (MoM) participated virtually and presented opportunities in mining sector in particular. The […]
Addis Ababa, November 15, 2022 (FBC) – The 11th international conference on oilseeds and cereal crops kicked off in Sheraton Hotel, Addis Ababa, with the presence of the FDRE President, Sahle-Work Zewde. Minister of Trade and Regional Integration Gebremeskel Chala, delivered an opening remark during the opening of the conference. In […]
Addis Ababa, November 14, 2022 (FBC) – The deputy director general of Korea International Cooperation Agency (KOICA) in Ethiopia, Shinyang Lee, stated that they will work in cooperation with the Ethiopian Ministry of Trade and Regional Integration and other stakeholders to increase Ethiopia’s exports. Shinyang Lee said that the primary […]
Addis Ababa, November 13, 2022 (FBC) – The Amhara region president, Yilkal Kefale, inaugurated Unison Food Oil Plant, built at a cost of 1.5 billion birr in Bahir Dar city. The food oil plant has officially commenced production following its inauguration. The inauguration ceremony was attended by other senior regional […]
Addis Ababa, November 6, 2022 (FBC) – Ethiopian Airlines Group has signed a renewed agreement with Travelport International Operations to distribute Travelport+, the world’s leading distribution system, and other related products of Travelport in Ethiopia until end of 2026. Ethiopian Airlines and Travelport International Operations Ltd. have been working together […]
Following Ethiopia’s decision to open its financial sector to foreign investors, the Commercial Bank of Kenya expressed its interest in engaging in the country’s financial sector. A delegation of the Bank’s senior officials visited the Ethiopian Investment Commission (EIC). The delegation commended the Ethiopian government’s recent decision to open up […]
Addis Ababa, October 27, 2022 (FBC) – The Ethiopian Commodity Exchange (ECX) has announced that it is ready to supply the domestic wheat grain to the local market in the current fiscal year through a modern marketing system. ECX’s Corporate Communication Manager, Netsanet Tesfaye, stated that they are ready to […]