High-level government representatives from Ethiopia and Djibouti have been traveling back and forth between the two countries over the last few weeks Due to a boundary dispute with its former territory, Eritrea, landlocked Ethiopia moved its international trade from Eritrea to Djibouti in the late 1990s, which led to an […]
Daily Archives: July 4, 2024
Despite a shortage of containers slowing down the process, Ethiopia manages to fill more than half of its containerized export cargo with locally staffed containers. According to the Ministry of Transport and Logistics (MoTL), over 22,400 TEU export cargos packed locally were sent out in the first nine months of […]
Addis Ababa, July 3, 2024 (FBC) – A significant breakthrough has been achieved as Ethio Engineering Group and Italian steel firm Danieli Co., Ltd. have signed an agreement to revive the stalled Nekemte Steel Processing project. The agreement was signed by Ambassador Suleiman Dedefo, Chief Executive Officer of Ethio Engineering […]
Addis Ababa, July 2, 2024 (FBC) – The Ethiopian Ministry of Trade and Regional Integration (MoTRI) in collaboration with the Policy Studies Institute (PSI) with support from the United Nations Economic Commission for Africa (ECA) organized a National Forum for the development of National African Continental Free Trade Area (AfCFTA) […]
Addis Ababa, July 1, 2024 (FBC) – The Ethiopian Coffee and Tea Authority has called on investors to participate in the burgeoning tea sector. The initiative to expand tea leaf production in Ethiopia, which began three years ago under Prime Minister Abiy Ahmed’s leadership, has shown promising results. Inspired by […]
Addis Ababa, July 1, 2024 (FBC) – Chemical Industry Corporation disclosed that it has secured 5 billion Birr in revenue from its industrial chemical input products over the past eleven months. Given the government’s priority, Ethiopia has been becoming an attractive destination for chemical trade. In this regard, the country’s […]
Addis Ababa, July 3, 2024 (FBC) – The Office of the Prime Minister announced today that Prime Minister Abiy Ahmed (PhD) has made several appointments to the ministries of Culture & Sports and Trade & Regional Integration Accordingly, Ms. Shewit Shanka has been named as the new Minister of Culture […]