July 14, 2022Ethiopia and Djibouti have signed a Memorandum of Understanding (MoU) on the utilization of the livestock terminal at Djibouti’s Doraleh Multi-Purpose Port. Minister of Agriculture Oumer Hussien and Minister of Agriculture, Water, Fisheries, Livestock, and Marine Resources of of Djibouti, Mohammed Ahmed Awaleh signed the MoU on Tuesday […]
Yearly Archives: 2022
130 posts
A delegation led by Ethiopian Minister of Finance, Ahmed Shide, paid an official visit to Djibouti. During the occasion, the delegation met with President Ismail Omar Guelleh and conveyed a message from Prime Minister Abiy Ahmed, according to Ministry of Foreign Affairs. Recalling that the two friendly countries have jointly invested […]
Impack Corporation is envisaging to increasing the volume of its rose flower imports from Ethiopia by five-fold, from its current annual imports of two million stems of rose flowers, According to Ethiopian Embassy in Tokyo. Ethiopia’s Ambassador to Japan, Tefera Derbew has paid field visit to Impack corporation’s rose flowers […]
Foreign Direct Investment (FDI) to Ethiopia has shown improvement after a brief decline due to COVID-19 and security concerns, according to Ethiopian Investment Commission (EIC). Ethiopia attracted three billion USD in Foreign Direct Investment (FDI) in the just ended Ethiopian fiscal year. EIC Foreign Direct Investment and Promotion Director, Aschalew […]
Ethiopia has finalized preparations to open its first Free Trade Zone in Dire Dawa next month, Ministry of Transport and Logistics disclosed. A panel discussion about the Free Trade Zone (FTZ) to be established in Dire Dawa was held today. In her opening remark, Transport and Logistics Minister Dagmawit Moges […]
Ethio-Djibouti Standard Gauge Railways S.C has set to streamline Ethiopian Export products and boost Profitability, according to Ethiopian Embassy in Djibouti. A delegation led by, CEO of Ethio-Djibouti Standard Gauge Railways S.C Abdi Zenebe, visited Djibouti and held discussion with a diplomat at the Ethiopian Embassy to discuss ways to […]
According to the United Nations Conference on Trade and Development (UNCTAD) latest world investment report, Ethiopia ranks among the top 5 Foreign Direct Investment (FDI) destinations in Africa in 2021 with 4.3 billion $. “This represents 79pct increase from 2020 and corresponds to almost half of all FDIs to East […]
Addis Ababa, June 16, 2022 (FBC) – Ethiopia has earned 1.2 billion U.S. dollars from coffee export during the first 11 months of the current 2021/2022 fiscal Year. Shafi Oumer, Deputy Director General of Ethiopian Coffee and Tea Authority, said the government is working to further boost coffee export revenue, […]
Addis Ababa, June 11, 2022 (FBC) – A steel mill with a capacity to melt 450 tons of iron has inaugurated in Dukem town, Oromia Region. The steel plant constructed by Tadash Steel Manufacturing Industry is also said to have a capacity to produce 600 steel bars on daily basis. […]
Addis Ababa, June 7, 2022 (FBC) – A delegation led by Endalew Mekonen, State Minister for Trade and Regional Integration of Ethiopia paid a visit to the port operation at Djibouti’s Doralleh Multi-Purpose Port on June 6, 2022. The working visit was jointly organized by the government of Djibouti, the […]
Addis Ababa, June 2, 2022 (FBC) – The CEO of Fortescue Future Industries (FFI), an Australian green energy company, Julie Shuttleworth visited EIC to discuss its Ethiopian Investment plan. FFI is planning to construct its facility in Ethiopia to produces zero-carbon green hydrogen energy. Julie appreciates the convenience of Ethiopia […]
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 […]