Addis Ababa, February 21, 2023 (FBC) – During the Joint Economic and Trade Commission meeting held today Ethiopia and China signed a Memorandum of Understanding (MOU) to establish an investment and economic cooperation working group. According to the Ethiopian Embassy in Beijing, the working group aimed at jointly boosting bilateral […]
Yearly Archives: 2023
256 posts
Addis Ababa, February 14, 2023 (FBC) – Djiboutian delegation led by President of Chamber of Commerce of Djibouti, Yesuf Mussa Dawaleh has visited Kilinto and Bole Lemi industrial parks in Ethiopia. Members of the Djiboutian delegation have been briefed on investment opportunities, incentives put in place by the government, job […]
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 13, 2023 (FBC) – Ethiopia has earned over 1.75 billion USD from foreign trade over the last six months of current fiscal year, the Ministry of Trade and Regional Integration announced. The Ministry of Trade and Regional Integration as well as officials of affiliated institutions, have today […]
Addis Ababa February 13, 2023 (FBC) – The Djibouti Chamber of Commerce delegation led by the Chamber President Youssouf Moussa Dawaleh arrived in Addis Abeba. Invited by the Ethiopian Investment Commission (EIC), the delegation aims to explore the business and investment potential of Ethiopia. In its official social media post, […]
Addis Ababa, February 10, 2023 (FBC) – Some eight local and foreign companies with a combined capital of 1.7 billion Birr have signed agreement with Oromia Industrial Park Development Corporation (OIPDC) to invest in Bulbula Integrated Agro Industrial Park. In addition, two other investors, who are interested to invest in […]
Addis Ababa February 10, 2023 (FBC) – The Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to the Federal Democratic Republic of Ethiopia Zhao Zhiyuan visited the local coffee plantations in Keffa, Zone of South West Ethiopia Peoples’ Regional State. In his social media post, Ambassador Zhao Zhiyuan […]
Addis Ababa, February 10, 2023 (FBC) – The Ministry of Finance-Ethiopia (MoF) has released a Request for Proposal (RFP) for the Partial Privatization of Ethio-telecom to invite proposals from interested parties. According to Ministry of Finance, the Government of Ethiopia has laid out the framework for the privatization of public […]
Addis Ababa, February 10, 2023 (FBC) – The pharmaceutical companies in Pakistan have expressed keenness to produce raw material drugs by investing in health sector in Ethiopia. The interest was shown by a delegation of the pharmaceutical industry during a meeting with Ambassador Ethiopia Jemal Beker Abdula at his office […]
Addis Ababa February 2, 2023 (FBC) – Advancing its journey towards realizing the digital Ethiopia, Ethio Telecom has signed a strategic partnership agreement with the Ministry of Revenues on Thursday to enable its customers pay taxes using telebirr digital payment system. The partnership agreement signed between the two institutions would […]
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 […]
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 […]