Addis Ababa, June 6, 2024 (FBC) – The individual measures projects review meeting on the EU support to Ethiopia in the period 2021-2023 with a resource allocation of €339 million was held today, the Ministry of Finance stated. The meeting has focused on interventions in the areas of health, education, […]
Monthly Archives: June 2024
40 posts
Addis Ababa, Jun6 6, 2024 (FBC) – In a significant move to bolster Ethiopia’s logistics capabilities, the Modjo Green Logistics Centre in Ethiopia is undergoing a massive expansion to doubling its size and significantly increases its container handling capacity. The ambitious project, spearheaded by the Ethiopian Shipping and Logistics Services […]
Addis Ababa, June 6, 2024 (FBC) – Ethio-Engineering Group and Faresin Formwork, a leading Italian company specializing in formwork systems for the construction industry, have signed a 3 million euros contract agreement in Rome, Italy. This agreement will enable Ethio-Engineering Group to exclusively produce aluminum formwork within the country, thereby […]
Addis Ababa, June 6, 2024 (FBC) – CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), Aklilu Tadesse, received representatives of a Colombian Company, Conceptos Plasticos, at his office. The delegation of Conceptos Plasticos presented detailed explanation on their interest and strategy for their future engagement in Ethiopia. The delegation […]
Addis Ababa, June 5, 2024 (FBC) – Ethiopian and Singapore have reaffirmed their commitment to strengthening the longstanding bilateral relations between the two nations. The commitment was made during a meeting today between Mr. Ahmed Shide, Minister of Finance of Ethiopia, and Ms. Indranee Rajah, Minister in the Prime Minister’s […]
Addis Ababa, June 5, 2024 (FBC) – Ethiopia’s government has embarked on a comprehensive reform to create a business friendly environment, Minister of Planning and Development Fitsum Assefa underscored. Addressing the two-day Ethio-Saudi Arabia investment and trade forum which kicked off in Addis Ababa today, Fitsum stressed the visit of […]
Addis Ababa, June 5, 2024 (FBC) – The Ministry of Finance held a roundtable discussion on private sector development with the development partners group to deliberate on advancing private sector development as an extension of the Homegrown Economic Reform Agenda (HGER) 2.0. The roundtable discussion was a testament to Ethiopia’s […]
Addis Ababa, June 5, 2024 (FBC) – The Ethiopia-Saudi Trade and Investment Forum has started early this morning in Addis Ababa, Ethiopia. Recall that a high-level Saudi Arabian Investment and Trade delegation headed by President of the Federation of Saudi Arabian Chambers of Commerce, comprising 79 investors representing renowned companies […]
Addis Ababa, June 4, 2024 (FBC) – A high-level Saudi Arabian Investment and Trade delegation headed by President of the Federation of Saudi Arabian Chambers of Commerce, comprising 79 investors representing renowned companies and officials from Saudi Arabia’s Chamber of Commerce, arrived in Addis Ababa today. The delegation was welcomed […]
Addis Ababa, June 4, 2024 (FBC) – Mr. Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia met and held a discussion with Kim Byoung-hwan, first Vice Minister of Economy and Finance of the Republic of Korea. During the discussion, Ahmed Shide highlighted the historic and deep-rooted […]
Addis Ababa, June 4, 2024 (FBC) – Phibela Industrial PLC’s electric car assembly plant in Debre-Berhan city, Amhara region, was officially inaugurated and began operations early this morning. The inaugural ceremony was attended by several notable guests, including the chief administrator of Amhara region, Mr. Arega Kebede, owner and CEO […]
Addis Ababa, June 2, 2024 (FBC) – Ethiopia is actively pursuing the diversification of ports with the aim of boosting its economy, Transport and Logistics State Minister Dange Boru said. The focus is on Ethiopia’s efforts to expand its options for maritime trade, which is seen as a strategy to […]