Addis Ababa, January 18, 2024 (FBC) – An Indian based Nirvana processing Company is finalizing preparations to commence the Agro food processing at Bahir Dar Industrial park in Ethiopia with an investment capital of 5 million USD. The government of Ethiopia has been encouraging both domestic and foreign investors to […]
Daily Archives: January 18, 2024
7 posts
Addis Ababa, January 18, 2024 (FBC) – The Ethio-Djibouti Railway Board and Shareholders convened in the city of Djibouti today to discuss the comprehensive Six-year Report and approve the 2024 Budget Plan. The objective of the meeting, according to the Ethiopian Embassy in Djibouti, was to promote regional integration and […]
Addis Ababa, January 17, 2024 (FBC) – The National Bank of Ethiopia (NBE) today disclosed that it has launched the design and implementation of the Central Securities Depository (CSD) Project in partnership with Montran, a U.S. based technology solution provider. The CSD is a critical market infrastructure that will enable […]
Addis Ababa, January 17, 2023 (FBC) – Ethiopian Embassy in Beijing held discussion with China Africa Economic and Trade working Committee which is arranging pre-investment tour for several Chinese companies that have shown interest to utilize investment opportunities in Ethiopia. A delegation to make a pre-investment visit to Ethiopia includes […]
Addis Ababa, January 17, 2024 (FBC) – An German company called HPC, which is based in America, expressed interest to invest in Ethiopian industrial parks. HPC is engaged in data center construction and related ICT sectors. Industrial Parks Development Corporation’s Investment, Promotion and marketing Division Deputy CEO, Zemen Junedin, received […]
Addis Ababa, January 16, 2024 (FBC) – Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) in partnership with the German Agency for International Cooperation (GIZ) has unveiled a project tailored to capacitate some 1,000 private companies in the manufacturing industry. The beneficiary companies are operating in Oromia, Amhara and Sidama […]
Addis Ababa, January 11, 2024 (FBC) – Industrial Parks Development Corporation (IPDC), has signed agreement with 11 local and foreign companies which have shown interest to invest in industrial parks across Ethiopia. CEO of the IPDC, Aklilu Tadesse, has signed the agreement with representatives of the respected companies. According to […]