Addis Ababa December 5, 2022 (FBC) – Ethiopia has earned 526 million USD from coffee export in the last four months, said Adugna Debela, Director General of the Ethiopian Coffee and Tea Authority. The Ethiopian Coffee & Tea Authority (ECTA) is deliberating with experts from various coffee producing countries including […]
Yearly Archives: 2022
130 posts
Addis Ababa, December 5, 2022 (FBC) – Ethiopian Electric Power (EEP) stated that Aysha Wind Farm II has generated over 17.7 GWh electric power during the last two months. Aysha Wind Farm II was connected to the national grid after 16 of its windmills had begun generating power at the […]
Addis Ababa, December 3, 2022 (FBC) – The African Development Bank (AfDB) recognized Ethiopia as one of 10 best achieving countries in Africa in industrial development. The Bank unveiled a numeric report showing industrial development performance of African countries from 2019 to 2021 compared with their achievements in 2010. AfDB […]
Addis Ababa, November 30, 2022 (FBC) – Ethiopian Soya beans and Mung bean products have been introduced to Chinese business companies via Online Promotion Program on Wednesday. Speaking on the promotion event, Ambassador Teshome Toga pointed out that, Soya bean and Mung beans have been one of dependable source of […]
Addis Ababa, November 23, 2022 (FBC) – The African Development Bank (AfDB) has signed a $9.73 million grant agreement with the African Union Commission (AUC) to implement Phase 1 of the Upstream Project for Digital Market Development in Africa, the Group confirmed through a press release. The signing ceremony took […]
Addis Ababa, November 22, 2022 (FBC) – Ethiopian Ambassador to Pakistan, Jemal Beker, has said that it was high time for Pakistani businessmen to invest in Ethiopia, which had lucrative opportunities in different economic sectors. “Our government opened the financial sector some three months ago and now looks forward to […]
Addis Ababa, November 22, 2022 (FBC) – Moroccan investors are keen to be engaged in agriculture and manufacturing sectors investment in Ethiopia, according to the Moroccan Ambassador to Ethiopia, Nezha Alaoui M’hammdi. The Ethiopian Investment Commission Commissioner, Lelise_Neme met with the Moroccan Ambassador to Ethiopia, Nezha Alaoui M’hammdi. Both sides […]
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 […]
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 […]