Addis Ababa, April 18, 2023 (FBC) – Peter Siarto, the Minister of Foreign Affairs and Trade of Hungary, affirmed that his country is ready to scale up its trade relations with Ethiopia. The Minister of Trade and Regional Integration of Ethiopia, Gebremeskel Chala, held a discussion with the Hungarian delegation […]
Yearly Archives: 2023
256 posts
Addis Ababa, April 17, 2023 (FBC) – Aviation experts in Africa have lamented that the region’s share of the global air transport market is underwhelming when compared to the existing opportunities in the continent. They remarked that in light of Africa’s vast landmass, its population accounting for 16% of the […]
Addis Ababa, April 12, 2023 (FBC) – The Ethio-U.S. Business and Investment Forum is being held at the United States Council on Foreign Relations. At the forum, Ethiopia’s Minister of Finance Ahmed Shide and Ethiopian Investment Commission (EIC) Commissioner, Lelise Nemie, made opening keynotes and presentation on business opportunities in […]
Addis Ababa, April 10, 2023 (FBC) – Chinese cement manufacturing firm, SINOMA International, expressed keen interest to explore the sector’s investment opportunities in Ethiopia. Ethiopia’s ambassador to China, Tefera Derbew, held discussion with board chairperson of SINOMA International Engineering and Executive Director of China National Building Material Group (CNBM), Liu […]
Addis Ababa, April 7, 2023 (FBC) – The Chief Executive officer of Ethiopian Airlines Mesfin Tasew, has said that Ethiopian Airlines has become the pride of the airline industry in Africa. In an interview with Aviation Business Journal, Mesfin has spoken about the growth of the airline and its future […]
Addis Ababa, April 6, 2023 (FBC) – Ethiopia’s national payment switch EthSwitch, has signed a Memorandum of Understanding (MoU) with Mastercard that will enable financial institutions across Ethiopia to boost the adoption and usage of digital payments. According Mastercard, by leveraging Mastercard Send, a payments platform that enables people and organizations to […]
Addis Ababa, April 4, 2023 (FBC) – African countries should institute effective debt management strategies to boost economic growth and avoid falling into the debt trap, the Economic Commission for Africa (ECA) Director for Macroeconomics and Governance Division, Adam Elhiraika, has urged. Opening a peer learning workshop on debt management […]
Addis Ababa, April 1, 2023 (FBC) – The Ethiopian Investment Commission (EIC) participated and promoted the pharmaceutical and agro-processing investment opportunities to the Belgian and Dutch investors in a business roundtable organized by the Embassy of Ethiopia in Brussels. Ethiopian Ambassador to the Benelux countries, Hirut Zemene and EIC Deputy […]
Addis Ababa, March 31, 2023 (FBC) – The Ethiopian Investment Commission (EIC) management, led by Lelise Neme, Commissioner of the Ethiopian Investment Commission visited Africure Pharmaceuticals Manufacturing Ethiopia PLC. According to EIC, the management team has encouraged the current project implementation progress. Located inside Kilinto Industrial Park, Africure is a […]
Addis Ababa, March 27, 2023 (FBC) – Ambassador of China to Ethiopia, Zhao Zhiyuan met wi5h CEO of Ethiopian Airlines, Mesfin Tassew to discuss bilateral cooperation. It is stated on the occasion that Ethiopian Airlines is operating 50 flights every week between China and Ethiopia. The Ambassador commended Ethiopian Airlines […]
Addis Ababa, March 24, 2023 (FBC) – Ethiopian Capital Market Authority has finalized preparations to award license to capital market service providers over the coming six months. Director General of the Ethiopian Capital Market Authority, Brook Taye said entities which have fulfilled the necessary requirements and criteria will be awarded […]
Addis Ababa, March 24, 2023 (FBC) – Ethio Telecom has elevated its mobile money platform, telebirr, into a super app that provides users with access to an array of services within a single interface, including e-commerce, food delivery, entertainment, utility bill payments, transportation, and more. According to Ethio telecom the […]