Addis Ababa, July 19, 2024 (FBC) – The Industrial Parks Development Corporation of Ethiopia (IPDC) revealed that over 237 million USD worth of import substitute products were successfully supplied to the domestic market during the last fiscal year. Notably, among the various import substitute products produced by Ethiopian industrial parks, […]
Yearly Archives: 2024
362 posts
Addis Ababa, July 18, 2024 (FBC) – The Ethiopia – Italy Business Form kicked off in Milan City in attendance of State Minister for Foreign Affairs, Mesganu Arga, Ambassador Demitu Hambisa. From Italian side, member of the Office of the Prime Minister, Lorenzo Ortana and Representative of Cassa Depositi e […]
Addis Ababa, July 17, 2024 (FBC) – In a bid to enhance economic cooperation and facilitate trade between the two nations, Ethiopia’s Minister of Trade and Regional Integrations, Kasahun Goffe, met with the Minister of Trade of Djibouti, Mohamed Warsama. During their discussion, the two ministers explored various possibilities for […]
Addis Ababa, July 16, 2024 (FBC) – Consul General of the Federal Democratic Republic of Ethiopia in Dubai and Northern Emirates, Ambassador Aklulu Kebede, announced activities underway to lure UAE investors into the Ethiopian market. Ambassador Aklulu conferred with a delegation of Ethiopian Industrial Parks Development Corporation (IPDC) on works […]
Addis Ababa, July 11, 2024 (FBC) – The Ethiopian Embassy in New Delhi, in collaboration with the Associated Chambers of Commerce and Industry of India (ASSOCHAM), organized a Business Forum to explore and promote business and investment opportunities in Ethiopia. Deputy Head of Mission Ambassador Bizunesh delivered a keynote speech […]
Addis Ababa, July 10, 2024 (FBC) – Ethio Telecom, Ethiopia’s leading telecommunications provider has released its annual performance report for the 2023/24 fiscal year, showcasing impressive growth across key metrics. The report, covering the period from July 1, 2023, to June 30, 2024, highlights the company’s continued success in expanding […]
Addis Ababa, July 10, 2024 (FBC) – Ambassador Tefera Derbew and Deputy Head of Mission Ambassador Dewano Kedir had a productive meeting with Mr. Guo Huaigang, Chairperson of the China Council for the Promotion of International Trade (CCPIT), in Beijing. In June this year, a delegation of 30 companies led […]
Trending Investment Sector in Ethiopia Ethiopia is currently witnessing a surge in investment across various sectors. Here are the key areas experiencing significant investment activity: 1. Manufacturing and Export 2. Agriculture and Food & Beverages 3. Mining and Renewable Energy 4. Financial Liberalization and Stock Market Development 5. Government Support […]
Despite the digital economy’s promise of free services, it has also perfected the art of extracting money from us through obscure pricing and manipulative designs known as “dark patterns.” These tactics make companies profit easily, while leaving consumers in the dark. The digital revolution has yet to deliver the household […]
Addis Ababa, July 8, 2024 – In a ceremony attended by key stakeholders, Gelila Manufacturing, a local company, laid the foundation stone for its bus assembly plant at the Mekele Industrial Park, Mekele city, capital of Tigray region. The facility, which spans 31,000 square meters of leased land, will assemble […]
MOSCOW, July 7 (Sputnik) – Many Italian companies are ready to continue working in Russia, but they want to trade in euros, Italian-Russian Chamber of Commerce (IRCC) President Ferdinando Pelazzo told Sputnik. “In Italy, not all Italians are ready to accept payment in yuan or other currencies. Most Italian companies […]
Addis Ababa, July 4, 2024 (FBC) – Ethiopia has taken a major leap forward in the 2023/24 fiscal year amid natural and man-made global and local challenges, according to Prime Minister Abiy Ahmed. The Prime Minister made this remark at the 36th regular session of the FDRE House of People’s […]