Addis Ababa, January 18, 2024 (FBC) – The Ethio-Djibouti Railway Board and Shareholders convened in the city of Djibouti today to discuss the comprehensive Six-year Report and approve the 2024 Budget Plan. The objective of the meeting, according to the Ethiopian Embassy in Djibouti, was to promote regional integration and […]
Yearly Archives: 2024
362 posts
Addis Ababa, January 17, 2024 (FBC) – The National Bank of Ethiopia (NBE) today disclosed that it has launched the design and implementation of the Central Securities Depository (CSD) Project in partnership with Montran, a U.S. based technology solution provider. The CSD is a critical market infrastructure that will enable […]
Addis Ababa, January 17, 2023 (FBC) – Ethiopian Embassy in Beijing held discussion with China Africa Economic and Trade working Committee which is arranging pre-investment tour for several Chinese companies that have shown interest to utilize investment opportunities in Ethiopia. A delegation to make a pre-investment visit to Ethiopia includes […]
Addis Ababa, January 17, 2024 (FBC) – An German company called HPC, which is based in America, expressed interest to invest in Ethiopian industrial parks. HPC is engaged in data center construction and related ICT sectors. Industrial Parks Development Corporation’s Investment, Promotion and marketing Division Deputy CEO, Zemen Junedin, received […]
Addis Ababa, January 16, 2024 (FBC) – Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) in partnership with the German Agency for International Cooperation (GIZ) has unveiled a project tailored to capacitate some 1,000 private companies in the manufacturing industry. The beneficiary companies are operating in Oromia, Amhara and Sidama […]
Addis Ababa, January 11, 2024 (FBC) – Industrial Parks Development Corporation (IPDC), has signed agreement with 11 local and foreign companies which have shown interest to invest in industrial parks across Ethiopia. CEO of the IPDC, Aklilu Tadesse, has signed the agreement with representatives of the respected companies. According to […]
Addis Ababa, January 8, 2024 (FBC) – The field training being given to farmers has been productive in improving the quality and productivity of coffee bean yields, according to the Ethiopian Coffee and Tea Authority. Approached by ENA, Coffee, Tea and Spices CEO at the Authority Fikadu Adefirs said various […]
Addis Ababa, January 8, 2024 (FBC) – In his remarks at the first conference of the “Hubei Province “Go Global” Enterprise Strategic Cooperation Service Alliance” on Monday, Ethiopian Ambassador to China, Tefera Deribew commended significance of such platform in enhancing trade, economic relations between Ethiopia and China. Ambassador Tefera stated […]
Addis Ababa, January 6, 2024 (FBC) – BRICS include countries with large population and geography, and the addition of the five new member countries will even make it stronger, Trade and Regional Integration Minister Gebremeskel Chala told ENA. BRICS comprised Brazil, Russia, India, China, and South Africa. With the accession […]
Addis Ababa, January 5, 2024 (FBC) – The Ethiopian Ambassador to China, Teferra Derbew, delivered an erudite address today highlighting the history and significance of Ethiopian coffee to the world at “The China (Pu’er) International Coffee Expo” in the Yunnan province’s Pu’er city. The Expo is being held under the […]
Addis Ababa, January 2, 2024 (FBC) – Ethiopia plans to fully substitute imports of food and beverages products as well as textiles and garments in the next three years, Industry State Minister Tarekegn Bululta disclosed. The import substitution strategy is to move from substituting short-term consumption goods by domestic products […]
Addis Ababa, December 29, 2023 (FBC) – The Ethiopian Airlines, following Prime Minister Abiy Ahmed’s invitation, has reduced the price of plane tickets and hotel accommodation for those second generation diaspora coming home. The premier called on the second generation members of the diaspora to come to Ethiopia in three […]