Introduction Ethiopia, a country known for its rich history and diverse cultures, has recently emerged as a focal point for real estate investment. With rapid economic growth and urbanization, the real estate sector presents numerous opportunities for both local and international investors. This article explores the factors driving real estate […]
Daily Archives: December 11, 2024
11 posts
Addis Ababa, December 11, 2024 (FMC) – Prime Minister Abiy Ahmed (PhD) announced significant advancements in the country’s coffee production sector as efforts intensify to position Ethiopia not only as the birthplace of coffee but also as a leading coffee-producing nation. Over the past five years, Ethiopia has witnessed a […]
Addis Ababa, December 10, 2024 (FMC) – Hoatzin Investments Ltd, a company engaged in rare earth metals and green energy conversion and value enhancement, has expressed its keen desire to set up its state-of-the-art green refining industrial plant in Ethiopia, the Ethiopian Embassy in Nairobi revealed today. The Embassy shared […]
Addis Ababa, December 9, 2024 (FMC) – A high-level business delegation from the Czech Republic, comprised of government officials and investors, recently visited the Bole Lemi and Kilinto special economic zones in Ethiopia. The delegation is actively exploring opportunities in sectors such as car assembly, medical equipment manufacturing, trade, and […]
Addis Ababa, December 9, 2024 (FMC) – Ethiopia’s State Minister at the Ministry of Foreign Affairs, Ambassador Birtukan Ayano, has invited the Czech Republic firms to take advantage of the opportunities presented by her country’s recent macroeconomic reforms. The state minister extended the call to Czechia companies during an Ethiopia-Czech […]
Addis Ababa, December 9, 2024 (FMC) – Investors engaged in the Bahir Dar Industrial Park are contributing to the country’s economic growth by generating foreign exchange and producing import substitution products. The General Manager of the Bahir Dar Branch of the Industrial Parks Development Corporation, Ms. Truye Qumie, said many […]
The government aims to enhance financing options that attract private sector participation beyond traditional banking institutions, despite its commitment to avoid using direct advances (DA) to address the budget deficit. In an effort to access the DA, a legacy public debt contributing significantly to inflation, the government has opted to […]
Addis Ababa, December 6, 2024*(FBC) — The first of its kind exhibition of Ethiopian women exporters trade fairs and exhibitions kicks off on 6 December 2024 at the Embassy premises under the framework of the African Continental Free Trade Area (AfCFTA). During the event, Gen. Bacha Debele, Ambassador Extraordinary and […]
Addis Ababa, December 5, 2024 (FBC) – The Ethiopian Investment Commission highlighted the country’s promising investment prospects to German and African investors during the 5th German African Business Summit (GABS) held in Nairobi, Kenya from December 2-4, 2024. Senior Advisors from the Commission presented various investment avenues and discussed the […]
Addis Ababa, December 5, 2024 (FBC) – Ethiopia’s State Minister of Foreign Affairs, Ambassador Mesganu Arga, met with Saudi Arabian investors in Riyadh to discuss investment opportunities in the east African country. Ambassador Mesganu highlighted Ethiopia’s recent economic reforms aimed at fostering foreign trade and investment. He emphasized that these […]
Addis Ababa, December 4, 2024 (FBC) – An Ethiopian delegation led by Ambassador Mesganu Arga, State Minister of Foreign Affairs, held discussions in Riyadh, Saudi Arabia, with Mr. Hassan Bin Mujab Al-Huwaizi, President of the Federation of Saudi Chambers of Commerce, and Mr. Mohammad Alabduljabar, Acting Governor of the General […]