Addis Ababa, April 24, 2024 (FBC) – The Zenith Steel Group Co., Ltd, a prominent Chinese steel and electrical equipment manufacturer, has expressed its desire to enter and invest over 150 million USD in the Bole Lemi Industrial Park, located in the outskirts of Addis Ababa, the capital city of […]
Daily Archives: April 27, 2024
5 posts
Addis Ababa, April 22, 2024 (FBC) – China’s Grand World Investment Holding Group has expressed its intention to explore investment prospects in Ethiopia within the manufacturing sector. The investment group’s interest in investing in Ethiopia emerged during a conversation between Ambassador Dewano Kedir, Deputy Head of Mission at the Ethiopian […]
Addis Ababa, April 20, 2024 (FBC) – Ethiopia’s Finance Minister Ahmed Shide represented Ethiopia at the Global Sovereign Debt Roundtable/GSDR co-chaired by the IMF, WB, and Brazil as the G20 Presidency, during the 2024 Spring Meetings. The meeting, according to the Ethiopian Embassy in Washington, D.C., was attended by Paris […]
Addis Ababa, April 22, 2024 (FBC) – Ethiopia’s industrial parks have produced more than 200 million USD worth of goods that replace imports, Industrial Parks Development Corporation (IPDC) announced. The parks have also earned over 90 million USD in revenue during the stated period by exporting various products to the […]
Addis Ababa, April 18, 2024 (FBC) – During its 21st regular session of the third year of tenure today, the House of Peoples’ Representatives of Ethiopia (HoPR) sanctioned bills pertaining to Special Economic Zones proclamation and the amendment of the Intergovernmental Authority on Development (IGAD) establishment agreement. The Special Economic […]