Addis Ababa, November 14, 2023 (FBC) – Ethiopian Airlines, the largest and leading aviation group in Africa, and its longstanding partner Boeing [NYSE:BA] today announced the carrier has agreed to order 11 787 Dreamliner and 20 737 MAX airplanes with an opportunity for 15 and 21 additional jets, respectively. The […]
Yearly Archives: 2023
256 posts
Addis Ababa, November 14, 2023 (FBC) – Ethiopia’s gross domestic product has doubled from 84 billion USD to 164 USD in the last five years despite various global and local constraints, the first time in the country’s economic growth history, Prime Minister Abiy Ahmed (PhD) asserted while addressing the parliament’s […]
Addis Ababa, November 13, 2023 (FBC) – The Ethiopian Investment Commission Chief Commissioner Ms. Lelise Neme and EIC management hosted All-China Federation of Industry and commerce (ACFIC) delegation this morning. The delegation comprises more than 17 Chinese enterprises, led by his excellency Xu Lejiang, Executive Vice Chairman of ACFIC and […]
Addis Ababa, November 11, 2023 (FBC) – Deputy Commissioner of Ethiopian Investment Commission (EIC), Mr. Daniel Terressa, has met with a delegation of Hungarian company that has shown keen interest in investing in health care services. Deputy Commissioner Daniel noted that this kind of project is what Ethiopia has put […]
Addis Ababa, November 9, 2023 (FBC) – A discussion was held in Moscow aimed at exploring the ways that would help Russian and Ethiopian investors join hands in utilizing investment opportunities in Ethiopia. The discussion forum brought officials of the Ethiopian Ministry of Trade and Russian investors engaged in various […]
Addis Ababa, November 9, 2023 (FBC) – The China International Import Expo (CIIE) offers a significant and distinctive opportunity for global exporters to access the vast Chinese market, Gizat Worku, general manager of the Ethiopian Coffee Exporters Association said recently. The CIIE is an invitation for countries worldwide to promote […]
Addis Ababa, November 8, 2023 (FBC) – The 6th Session of India-Ethiopia Joint Trade Committee (JTC) was conducted in Addis Ababa, Ethiopia from 6-7 November, 2023. The meeting was co-chaired by the Economic Advisor, Department of Commerce, Ministry of Commerce and Industry, Government of India, Ms. Priya P. Nair and […]
Addis Ababa, November 7, 2023 (FBC) – China’s Kun Huang Industrial Co. Ltd disclosed that it is planning to set up a household and sanitary appliances manufacturing plant in Ethiopia, according to the Ethiopian Investment Commission (EIC). The Kun Huang Group’s keen interest was revealed during a meeting between the […]
Addis Ababa, November 7, 2023 (FBC) – Ethiopian Cargo and Logistics Services is set to put into operation an e-commerce cargo center, Ethiopian Airlines Group CEO, Mr. Mesfin Tassew said. The Cargo and Logistics Services constitutes about 35 percent of the Ethiopian Airlines Group’s total revenues, Mesfin disclosed. the Group […]
Addis Ababa, November 4, 2023 (FBC) – Ethiopian Shipping and Logistics (ESL) announced that it has earned more than 13 billion birr in the first quarter of the current Ethiopian fiscal year. ESL confirmed that it transported some 971 thousand 438 tons of import cargo and more than 200 thousand […]
Addis Ababa, November 1, 2023 (FBC) – Ethiopia is making the necessary preparations ahead of its participation in the 6th China International Import Expo (CIIE) which will be held in Shanghai from November 5 to 10, the Ministry of Trade & Regional Integration (MoTRI) disclosed. According to the Ministry, the […]
Addis Ababa, October 31, 2023 (FBC) – The number of deposit accounts across all banks has climbed to 129.52 million in Ethiopia in 2023 owing to the notable growth in the banking sector, according to National Bank of Ethiopia (NBE). This outcome was revealed during a meeting between NBE and […]