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 […]
Daily Archives: March 30, 2024
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 […]