Addis Ababa, May 8, 2024 (FBC) – The Ethiopian Investment Commission (EIC) disclosed that companies operating within industrial parks are allowed to supply 50 percent of their products to the local market. Deputy Commissioner of the Commission Zeleke Temesgen said that manufacturing industry parks have been built and put into […]
Daily Archives: May 9, 2024
7 posts
Addis Ababa, May 8, 2024 (FBC) – The Embassy of Ethiopia in Pakistan in Collaboration with Karachi Chamber of Commerce and Industry (KCCI) and Korangi Association of Trade and Industry (KATI) conducted two Ethio-Pakistan Business Forums to mobilize the businesspersons, traders and investors for the 2nd Business and Trade Delegation […]
Addis Ababa, May 8, 2024 (FBC) – The Ethiopian Embassy in Juba has announced that the Ethiopia-South Sudan Business and Investment Promotion Forum is set to commence this Sunday, aiming to strengthen bilateral relations and promote economic ties between the two nations. This announcement follows a meeting between Nebil Mahdi, […]
Addis Ababa, May 7, 2024 (FBC) – Ethiopia emerges as a highly favorable investment destination for those interested in the tourism sector, according to the Ethiopian Investment Commission (EIC). The commission highlights that Ethiopia presents a range of investment prospects, encompassing the construction of tourism infrastructure such as hotels, resorts, […]
Addis Ababa, May 7, 2024 (FBC) – The Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA) has organized a consultative a panel discussion focused on how to foster participation of the private sector in the African Continental Free Trade Area (AfCFTA). In her opening remarks, President of the AACCSA […]
Abdurehman Eid Tahir, 42, was born into a prominent political family in Jigjiga, seat of the Somali regional administration. His father, Eid Daahir Farah, served as Secretary General of the Somali region for four years beginning 1991 before being elected as the first regional president following elections in 1995. Abdurehman […]
The recent unveiling of Directive No. 1001/2024 by the Ethiopian Investment Board, allowing foreign investors to participate in previously restricted sectors, has far-reaching implications for local companies and consumers. As the market dynamics undergo a significant transformation, it is essential to delve deeper into the impact on both local businesses […]