Addis Ababa, April 29, 2024 (FBC) – Ambassador of Ethiopia to Pakistan, Jemal Beker, held discussions with representatives of chambers of trade and industry and company representatives of various cities. Ambassador Jemal presided over an Ethiopia-Pakistan Business Forum in Sialkot City where he had discussions with business people and industrialists […]
Yearly Archives: 2024
362 posts
Addis Ababa, April 26, 2024 (FBC) – The Ministry of Foreign Affairs disclosed that Ethiopia is working hard to become member of BRICS’ New Development Bank. In a media briefing regarding the country’s diplomatic activities over the week, Spokesperson of the Ministry Nebiyu Tedla, indicated that Ethiopian delegation led by […]
Addis Ababa, April 26, 2024 (FBC) – Deputy Commissioner of Ethiopian Investment Commission (EIC), Zeleke Temesgen, engaged in discussions with a delegation from the Chinese Academy of International Business Officials (AIBO), led by Mr. Zhai Junfeng, Vice Director of AIBO, regarding potential areas of collaboration. During the discussion, the delegation […]
Addis Ababa, April 26, 2024 (FBC) – Chinese investments have significantly contributed to the advancement of Ethiopia’s manufacturing sector, and industry stakeholders are keen to assist Chinese investors looking to enter the East African country, said Aklilu Tadesse, CEO of the Ethiopian Industrial Parks Development Corporation (IPDC). Chinese investors currently […]
Addis Ababa, April 24, 2024 (FBC) – The Zenith Steel Group Co., Ltd, a prominent Chinese steel and electrical equipment manufacturer, has expressed its desire to enter and invest over 150 million USD in the Bole Lemi Industrial Park, located in the outskirts of Addis Ababa, the capital city of […]
Addis Ababa, April 22, 2024 (FBC) – China’s Grand World Investment Holding Group has expressed its intention to explore investment prospects in Ethiopia within the manufacturing sector. The investment group’s interest in investing in Ethiopia emerged during a conversation between Ambassador Dewano Kedir, Deputy Head of Mission at the Ethiopian […]
Addis Ababa, April 20, 2024 (FBC) – Ethiopia’s Finance Minister Ahmed Shide represented Ethiopia at the Global Sovereign Debt Roundtable/GSDR co-chaired by the IMF, WB, and Brazil as the G20 Presidency, during the 2024 Spring Meetings. The meeting, according to the Ethiopian Embassy in Washington, D.C., was attended by Paris […]
Addis Ababa, April 22, 2024 (FBC) – Ethiopia’s industrial parks have produced more than 200 million USD worth of goods that replace imports, Industrial Parks Development Corporation (IPDC) announced. The parks have also earned over 90 million USD in revenue during the stated period by exporting various products to the […]
Addis Ababa, April 18, 2024 (FBC) – During its 21st regular session of the third year of tenure today, the House of Peoples’ Representatives of Ethiopia (HoPR) sanctioned bills pertaining to Special Economic Zones proclamation and the amendment of the Intergovernmental Authority on Development (IGAD) establishment agreement. The Special Economic […]
The directive issued in March by the Ethiopian Investment Board — chaired by Prime Minister Abiy Ahmed (PhD) — that opens up the export, import, wholesale and retail trade, which hitherto had been the exclusive preserve of domestic investors, to overseas investors subject to certain conditions has drawn mixed reactions. […]
Addis Ababa, April 18, 2024 (FBC) – Ethiopian Investment Commission and Trade and Regional Integration Ministry, in a joint statement, disclosed that the nation is set to open key commercial sectors that were restricted to only local investors to foreigners. The federal institutions announced that Ethiopia will open the import-export, […]
Addis Ababa, April 16, 2024 9FBC) – The recent Ethiopia-Japan Trade and Investment Seminar served as a platform to bolster the longstanding economic relations between the two nations, according to the Minister of State at the Ministry of Foreign Affairs of Ethiopia, Ambassador Mesganu Arga. He emphasized that the seminar […]