Addis Ababa, March 29, 2024 (FBC) – Belgian investors have been invited to explore investment opportunities in Ethiopia at the “ETHIOPIA TAMRIT EXPO 2024” promotion event held in Brussels in collaboration with the CBL-ACP Ethiopian Ambassador to the Benelux countries and the European Union, Hirut zZemene Kassa, and Mr. Thomas […]
Monthly Archives: March 2024
24 posts
Addis Ababa, March 27, 2024 (FBC) – Dutch businesses in Ethiopia have invested at least one billion USD, making substantial contributions to Ethiopia’s economic growth, Henk Jan Bakker, Ambassador of Netherlands to Ethiopia said. Highlighting the significant Dutch business presence in Ethiopia, the ambassador stated that nearly hundred Dutch companies […]
Addis Ababa, March 27, 2024 (FBC) – In a visit to assess the progress of safari vehicle assembly, Mr. Melaku Alebel, the Minister of Industry, highlighted the pivotal role of local manufacturers in expanding technology transfer, realizing import substitution strategies, and achieving the goals of the Ethiopia Tamrt (Made in […]
Addis Ababa, March 26, 2024 (FBC) – Siemens Energy, a prominent global energy technology corporation, has expressed its desire in investing in energy development opportunities in Ethiopia. This inclination from the German company was revealed during a meeting involving the Minister of Water and Energy, Habtamu Itefa, the Ambassador of […]
Addis Ababa, March 26, 2024 (FBC) – Wenzhou Nixin Trading, a Chinese company with an investment capital of 300 million USD, has expressed its interest in producing paper in industrial parks. Industrial Parks Development Corporation CEO Aklilu Tadesse, received the officials of the company in his office and discussed with […]
Addis Ababa, March 22, 2024 (FBC) – The Industrial Parks Development Corporation of Ethiopia (IPDC) has confirmed the successful resumption of full-scale production at the Mekele Industrial Park. After a two-year halt due to the conflict, the companies operating within the park have now resumed their production activities. Mr. Aklilu […]
Addis Ababa, March 22, 2024 (FBC) – Ethiopia’s Ministry of Finance engaged in consultations with a high-level Chinese delegation regarding the new economic cooperation between the two nations, focusing particularly on key projects within the Belt and Road Initiative (BRI). Head of the delegation, Mr. Xu Jianping, Director General of […]
Addis Ababa, March 21, 2024 (FBC) – Industrial Parks Development Corporation (IPDC) CEO, Aklilu Tadesse had a discussion with a delegation led by the first deputy governor and administrator of Russia’s Novgorod region, Bogdanov Evgenii, in the presence of Russian Ambassador to Ethiopia Evgeni Terehin. During the discussion, Aklilu explained […]
Addis Ababa, March 19, 2024 (FBC) – Indian Chemical Industry delegation drawn from 25 diverse companies will conduct a visit to Ethiopia from March 20-25, 2024, the Ethiopian Embassy in New Delhi confirmed today. The visit is organized by the Ethiopian Embassy in New Delhi, in collaboration with CHEMEXCIL (Basic […]
Addis Ababa, March 18, 2024 (FBC) – China Machinery Engineering Corporation Group (CMEC) announced that it is planning to invest in the mining, renewable energy, and construction sectors in Ethiopia. CMEC Group’s plan was disclosed during Ambassador Teferra Derbew’s visit to the Corporation’s headquarters and workshops earlier today. During his […]
Addis Ababa, March 15, 2024 (FBC) – Ethiopia signed a 9.5 million Euros (approximately 590 million Ethiopian Birr) grant agreement with Finland at the Ministry of Finance. The purpose of the grant agreement is to implement the third phase of the Responsible and Innovative Land Administration (REILA-III) project which aims […]
Addis Ababa, March 13, 2024 (FBC) – Maltese companies that attended the 1st Ethiopia-Malta Business Forum held yesterday in Addis Ababa are assessing areas of collaboration with Ethiopian counterparts. In an exclusive interview with ENA, TradeMalta Promotion Head Richard Scerri said the company assists Malta-based businesses to unlock new opportunities. […]