Addis Ababa, March 3, 2023 (FBC) – It is to be recalled that on 19 August 2022, the government of Ethiopia through the Ministry of Finance and Ethiopian Investment Holdings (EIH), issued an invitation to submit expressions of interest for the tendering of eight state-owned sugar enterprises namely Omo Kuraz […]
Yearly Archives: 2023
256 posts
Addis Ababa, March 3, 2023 (FBC) – Aklilu Tadese, Chief Executive Officer of Industrial Parks Development Corporation of Ethiopia (IPDC), discussed with the Indian Ambassador to Ethiopia, Shri Robert Shetkintong. Besides strengthening the long-standing friendship between the two countries, the role of Indian investors in Ethiopia’s industrial parks is vital […]
Addis Ababa, March 3, 2023 (FBC) – During MWC 2023, Huawei launched three solutions; Huawei FTTR OptiXstar F30, industry’s first commercial 50G PON, and Huawei OptiX Alps-WDM, solutions designed for all-optical home, ultra-broadband access, and all-optical metro network fields. While helping operators build E2E green all-optical networks to support high-quality […]
Addis Ababa, February 28, 2023 (FBC) – The Ethiopian delegation met with key Chinese financial institutions (FIs) and creditors during the recent official visit to Beijing. The delegation had excellent discussions with the EximBank of China, Industrial and Commercial Bank of China, China Development Bank, China Export and Credit Insurance […]
Addis Ababa, February 28, 2023 (FBC) – Ethiopian Delegation led by Ahmed Shide, Minister of Finance, visited the Headquarter of Alibaba Group in Beijing. On the occasion, the delegation had a meeting with Mr. Liu Nan, Vice President of Alibaba Group, according to the Ethiopian Embassy in Beijing. The delegation’s […]
Addis Ababa, February 27, 2023 (FBC) – The fundamental role of the African Continental Free Trade Area (AfCFTA) in overcoming the peculiar challenges faced by Africa’s Landlocked Developing Countries (LLDCs) and Small Island Developing States (SIDS) was highlighted today in Harare at a high-level event jointly organized by the UN […]
Addis Ababa, February 26, 2023 (FBC) – Ethiopian Finance Minister, Ahmed Shide, along with his delegation, held a fruitful discussion with his Chinese counterpart Liu Kun, in Beijing, on ways to further cement economic partnership between the two countries. Ahmed Shide commended China’s unwavering support to Ethiopia’s fight against poverty […]
Addis Ababa, February 24, 2023 (FBC) – The East African Holding Share Company has signed a Memorandum of Understanding (MoU) to develop and expand an industrial park with 108 million USD with the Ethiopian Investment Commission (EIC) today. The industrial park, which is expected to accommodate manufacturing, agricultural products processing […]
Addis Ababa, February 24, 2023 (FBC) – Djibouti’s Doraleh Multi-Purpose Port (DMP) inaugurated modern cargo handling facilities in attendance of Roba Megersa, CEO of Ethiopian shipping and logistics Services Enterprise (ESLSE). The purchase of new equipment is part of the activities being carried out by DMP to improve loading-unloading operations […]
Addis Ababa, February 23, 2023 (FBC) – BEAEKA General Business PLC and Shacman, an international automotive manufacturing company, announced today that they are set to start assembling heavy machinery and vehicles in Ethiopia. The joint launching event of the two companies was held at Friendship Park in Addis Ababa. Speaking […]
Addis Ababa, February 22, 2023 (FBC) – Ethiopian Investment Commissioner, Lelise has met with one of the top five largest Chinese Pharmaceutical Companies, CHONGQING Pharma. Commissioner Lelise has also presented opportunities for the pharma sector, a conducive investment climate, reforms undertaken, and high commitment from the Ethiopian government. She also […]
Addis Ababa, February 22, 2023 (FBC) – The African Development Bank (AfDB) is supporting to accelerate implementation of the Africa Continental Free Trade Area (AfCFTA) and boosting intra-Africa trade, African Development Bank Group President, Akinwumi Adesina said. In an exclusive interview with ENA, President Adesian said AfCFTA will link together […]