December 26, 2023 (FBC) – Industrial Parks Development Corporation (IPDC) disclosed that it is providing a One-Stop-Service to investors engaged in the various parks across Ethiopia in collaboration with relevant government agencies. The One-Stop-Service (OSS) is a vital initiative in Ethiopian industrial parks that aims to simplify and streamline the […]
Yearly Archives: 2023
Addis Ababa, December 21, 2023 (FBC) – Ethiopia is making preparations to promote its special coffee at the 20th African Fine Coffees Conference and Exhibition to be held in Addis Ababa in February 2024, according to the Ethiopian Coffee and Tea Authority. Ethiopia, one of Africa’s leading specialty coffee nations, […]
Addis Ababa, December 21, 2023 (FBC) Ethio Telecom has officially launched today a telebirr based Digital Financial Marketplace that enables Banks, Microfinance, Insurance, and other institutions in the ecosystem to easily make their financial products accessible to their customers. The new platform is also said to enable institutions in the […]
Addis Ababa, December 23, 2023 (FBC) – The Commercial Bank of Ethiopia (CBE) confirmed that it has collected more than 100 billion birr in deposit accounts through CBE Noor banking services in the last 10 years. The Bank celebrated the 10th anniversary of the start of interest free banking service […]
Addis Ababa, December 25, 2023 (FBC) – A delegation from the National Bank of Ethiopia, including the Vice Governor, Senior Advisors, and Directors, along with the CEO of the Ethiopian Securities Exchange (ESX) embarked on a key visit to China’s cities of Beijing, Shanghai, and Shenzhen. The delegates trip to […]
Addis Ababa, December 26, 2023 (FBC) – Ethiopia is aggressively working to finalize its accession to the World Trade Organization (WTO) in the coming three years, Minister of Trade and Regional Integration, Gebremeskel Chala remarked. The National Committee on the WTO membership negotiations and the African Continental Free Trade Area […]
Addis Ababa, December 21, 2023 (FBC) – The Russian Investment Group, which consists of 17 huge manufacturing companies, has announced its decision to invest in Ethiopia’s industrial parks. The Russian investment group, also known as AGROGROUPINVEST, has an investment capital of more than 10 billion rubles. Industrial Parks Development Corporation […]
Addis Ababa, December 21, 2023 (FBC) – Ethiopia’s ambassador to Korea, Ambassador Dessie Dalkie, presented the investment potentials of Ethiopia and Ethio-Korea future potential cooperation areas during the 2nd Korea-Africa Trade and Industry Cooperation Forum held in Seoul, South Korea Yesterday. The Ambassador expounded the current economic situation in Ethiopia, […]
Addis Ababa, December 20, 2023 (FBC) – Ethiopia will begin the trial implementation of the African Continental Free Trade Area (AfCFTA) agreement soon, according to Ministry of Trade and Regional Integration. The product tariffs the country has set to participate in AfCFTA has also been accepted by the Council of […]
Addis Ababa, December 20, 2023 (FBC) – Russian companies have expressed keen interest to invest in Ethiopia in various industrial fields. The Ethiopia-Russia Business Forum held in Addis Ababa on Wednesday with an objective to enhance the economic and trade relations between the two countries. Deputy Commissioner of the Ethiopian […]
Addis Ababa, December 19, 2023 (FBC) – Chief administrator of Gambella region, Mr. Umod Ujulu invited Indian businesspeople to exploit the alluring investment opportunities in Gambella region, Ethiopia. Mr. Umod extended his invitation to Indian industrialists during a business meeting organized by the Ethiopian Embassy in New Delhi in collaboration […]
Addis Ababa, December 18, 2023 (FBC) – State Minister of Foreign Affairs of Ethiopia, Ambassador Mesganu Arga, welcomed a delegation led by the Ethio-China Friendship and Cooperaton Committee members, today in his office. In the course of their discussion, Ambassador Mesganu appreciated the long-standing relations between Ethiopia and China, which […]