Addis Ababa, October 16, 2023 (FBC) – Ethiopian Industrial Parks Development Corporation (IPDC) CEO Aklilu Tadesse, discussed with Ambassador of the Republic of Korea to Ethiopia, Kang Seokhee. The discussion was focused on ways of strengthening the long-standing relationship between the two countries through business and investment. IPDC CEO AKlilu […]
Daily Archives: October 17, 2023
11 posts
Addis Ababa, October 14, 2023 (FBC) – The first Isuzu vehicle assembly, sales and after-sales center in Ethiopia inaugurated today in the outskirts of Addis Ababa, Alem Gena area, part of the newly formed Sheger city. The opening ceremony was attended by Minister of Transport and Logistics, Mr. Alemu Simie, […]
Addis Ababa, October 13, 2023 (FBC) – The Ministry of Mines of Ethiopia indicated that it is planning to obtain more than 500 million US dollars from mines export in the 2023/24 Ethiopian fiscal year. Minister of State for Mines Million Mathews said that his Ministry is working closely with […]
Addis Ababa, October 13, 2023 (FBC) – Chairman of the Bahrain Chamber, Sameer Nass, met with the Consul General of Ethiopia to Bahrain Ambassador, Shiferaw Geneti, on Wednesday at the Bahrain Chamber Headquarters. The meeting, held in the presence of Bahrain Chamber’s Board Member, Prof. Waheeb Alkhaja, emphasized the strong […]
Addis Ababa, October 10, 2023 (FBC) – The Russian carmaker Lada has become the latest in a growing list of international automakers preparing to enter Ethiopia’s fledgling automotive market which has one of the world’s lowest car ownership rates. Under a partnership with local partner Bazra Motors, the new plant […]
Addis Ababa, October 10, 2023 (FBC) – The baseline forecast is for global growth to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024, well below the historical (2000–19) average of 3.8 percent. Advanced economies are expected to slow from 2.6 percent in […]
ddis Ababa, October 9, 2023 (FBC) – Ethiopia has tapped into the AFSIC – Investing in Africa 2023 investment conference in London, the UK, under the theme “Ethiopia: the New Frontier Market – Opening Doors and Creating Opportunities”. Ethiopian delegation is attending the AFSIC – Investing in Africa 2023 in […]
Addis Ababa, October 9, 2023 (FBC) – The Ethiopia-China Cooperation Committee has pledged commitment in encouraging more Chinese investors to enter and manufacture in the Ethiopian industrial parks. The Committee reiterated its commitment during the meeting between Mr. Aklilu Tadese, CEO of Industrial Parks Development Corporation of Ethiopia (IPDC), and […]
Addis Ababa, October 5, 2023 (FBC) – The Ethiopian Investment Commission (EIC) said that it has launched Investment Monitoring and Support Services Survey campaign designed to enable the commission to be a closer partner to investors and companies in Ethiopia. The survey campaign also aims at tailoring the EIC’s aftercare […]
Addis Ababa, October 4, 2023 (FBC) – Ethiopia’s Ambassador to India, Demeke Atnafu, capitalized on the 2023 World Trade Expo in Mumbai, India, to shed light on his country’s ample investment opportunities, the fiscal and non-fiscal incentives and the country’s burgeoning economy as a key factory to foreign investment. The […]
Addis Ababa, October 4, 2023 (FBC) – Ethiopian Investment Commissioner, Lelise Neme discussed with Morocco’s Ambassador to Ethiopia, Nesha Aloui on ways of boosting investment opportunities across diverse sectors in Ethiopia. The two have also reached an agreement to host a Morocco-Ethiopia business forum in Addis Ababa, Ethiopia in 2024, […]