Addis Ababa, January 30, 2023 (FBC) – Ethiopian Enterprise Development (EED) has announced that the required support will be provided to investors and enterprises engaged in import substation products. According to Abdulfata Yesuf, the Director General of EED, various designed schemes are being put into concerted operation to enable industries […]
Monthly Archives: February 2023
17 posts
Addis Ababa January 30, 2023 (FBC) – The Commercial Bank of Ethiopia (CBE) has unveiled a new digital foreign currency remittance service named EthioDirect. According to CBE, the introduction of the service aimed at modernizing the process of money transfers and making it more accessible and convenient for customers. On […]
Addis Ababa, January 30, 2023 (FBC) – The Federal government’s domestic revenue has upturned by 28.9 percent, compared to the same period in the previous financial year’s performance, said the FDRE Minister of Planning and Development, Fitsum Asefa. Earlier today, Prime Minister Abiy Ahmed and his cabinet reviewed the 2022/23 […]
Addis Ababa, January 30, 2023 (FBC) – The Ministry of Planning and Development’s forecast based on the macroeconomic performance of the past six months indicates that the Ethiopian economy will record a growth rate of 7.5 percent at the end of the current financial year. Prime Minister Abiy Ahmed and […]
Addis Ababa, January 29, 2023 (FBC) –Cooperative Bank of Oromia is eying to build better presence by providing high quality and innovative banking service in Djibouti, Ethiopian Embassy in Djibouti said. According to the Embassy, the trade and investment ties between Ethiopia and Djibouti is on an upward trajectory. The […]