Addis Ababa, January 13, 2024 (FMC) – A high-level business delegation from Reach Digital Company-UAE, led by its CEO, Mr. Feras Neim Mohammed Abusharkh, has kicked off its a pre-investment visit in Ethiopia. The delegation commenced their visit by meeting with Chief Commissioner of Ethiopian Investment Commission, Zeleke Temesgen (PhD), […]
Monthly Archives: January 2025
29 posts
Addis Ababa, January 13, 2025 (FMC) – Reach Digital, an Emirati digital transformation and systems integration company, expressed its desire to invest in Ethiopia on driver’s license issuance, vehicle registration system, and technological products in the sector, according to the East African nation’s Ministry of Transport and Logistics (MoTL). The […]
The new coffee strategy and roadmap aim to position Ethiopia as the world’s second-largest coffee bean exporter within eight years, while also increasing the country’s hard currency revenues by more than six times. Ethiopia, known as the birthplace of coffee and home to over 10,000 distinct varieties, currently earns relatively […]
Ethiopia’s long-anticipated stock exchange went live on Friday, marking a turning point for an economy struggling with low access to finance. Banking gurus, economists, and investors who have advocated for a stock market in past decades have hailed the inauguration of the Ethiopian Securities Exchange (ESX) as historic. Despite being […]
Addis Ababa, January 11, 2025 (FMC) – Sichuan Lihong Construction Group Co., Ltd., a Chinese construction, mineral exploration, and processing and mining machinery manufacturing firm has expressed strong interest in expanding its presence in Ethiopia. The company’s desire to expand its businesses in the East African nation was disclosed during […]
Addis Ababa, January 10, 2025 (FMC) – Ambassador Molalign Asfaw, Deputy Head of Mission of the Ethiopian Embassy in New Delhi, visited MM Auto Industries’ manufacturing facility in Manesar, Haryana State, to discuss potential trade and investment partnerships in Ethiopia’s automotive and manufacturing industry with Chairman Mr. Manoj Singhal. On […]
Addis Ababa, January 10, 2025 (FMC) – Ethiopia and Tunisia have long enjoyed a partnership characterized by robust business and economic connections, with the Addis Chamber of Commerce and the Tunisian Embassy in Addis Ababa playing key roles in fostering collaboration between the two nations. In a bid to enhance […]
Addis Ababa, January 9, 2025 (FMC) – Kumtek Industrial PLC, a Turkish company in Ethiopia, has announced plans to expand its operations in the country, the company’s Executive Manager, Sindu Habtemariam, revealed today. The company, which has been operating in Ethiopia for five years, currently manufactures household and electronic appliances, […]
Overview of the Ethiopian Securities Exchange (ESX) The Ethiopian Securities Exchange (ESX) is set to play a pivotal role in transforming Ethiopia’s financial landscape. As the country prepares to launch its first-ever securities exchange, significant efforts are underway to modernize its economy and attract private investment. Recent Developments Ethiopia has […]
Addis Ababa, January 8, 2025 (FMC) – The representatives of the Ethiopian business community are anticipated to visit Saudi Arabia next week and explore opportunities in order to strengthen economic relations between the two countries. Ethiopian Ambassador to Saudi Arabia, Muktar Kedir conferred with Vice Minister of Foreign Affairs Vice […]
Ethiopia is on the verge of becoming a member of the World Trade Organization (WTO), but officials are warning that illicit trade practices could pose significant challenges to this goal. As the country prepares for its fifth round of international trade negotiations in Geneva, scheduled to take place in less […]
One question that 2025 may begin to answer is whether the BRICS (Brazil, Russia, India, China, South Africa) is becoming the new centre of power in world politics. Now that the group has added new members (Egypt, Ethiopia, Iran, and the United Arab Emirates) and come to represent 45pc of […]