Addis Ababa, February 3, 2025 (FMC) – An Ethiopian Business and Investment Forum was held in Prague today to showcase the investment opportunities in Ethiopia with the participation of several Czech Republic businesses and heads of companies. State Minister of Foreign Affairs, Ambassador Mesganu Arga, in his opening remarks, underscored […]
Yearly Archives: 2025
106 posts
Addis Ababa, January 29, 2025 (FMC) – Ethio-Engineering Group announced that it has been making preparations to manufacture electric vehicles in Ethiopia. The group CEO, Suleiman Dedefo, told local news agency ENA that there is abundant lithium in Ethiopia, a key component for electric vehicle battery production. Although the raw […]
Addis Ababa, January 27, 2025 (FMC) – Ethiopia’s Industrial Parks Development Corporation (IPDC) today reported that investors who have registered investments of over 597 million US dollars have entered the special economic zones and the Dire Dawa Free Trade Zone in the past 6 months of the 2024/25 fiscal year. […]
Addis Ababa, January 25, 2025 (FMC) – The Ethiopian Investment Commission (EIC), together with key stakeholders including the Ministry of Trade and Regional Integration (MoTRI), the Customs Commission, the Industrial Parks Development Corporation, and the Ethiopian Shipping Lines and Logistics Services Enterprise, has successfully concluded the operational commencement and handover […]
Addis Ababa, January 24, 2025 (FMC) – Indian car company Vipar Auto FZCO has announced its intention to invest in the sector in Ethiopia. This was announced following a meeting between Minister of State for Industry Mr. Hassen Mohammed and representatives of the company in Addis Ababa to discuss potential […]
Summary of Donald Trump’s Impact on Global Trade Donald Trump’s return to power is poised to significantly influence global trade dynamics. His administration’s approach, particularly regarding tariffs, is expected to create substantial shifts in international trade relations. Tariff Policies and Economic ConsequencesTrump has indicated plans to implement extensive tariffs, including […]
Addis Ababa, January 24, 2025 (FMC) – The government of Pakistan has vowed to facilitate its vast market opportunities to Ethiopian products with a bid to further strengthen economic cooperation between the two countries. Advancing bilateral ties through trade was the focus of discussion during a meeting between Ethiopia’s Minister […]
Addis Ababa, January 24, 2025 (FMC) – The Ethiopian Ministry of Tourism hosted a symposium to inform Japanese business leaders and investors about the abundant investment opportunities in Ethiopia’s tourism industry. During the event, Dr. Endegena Abebe, State Minister of Tourism, reaffirmed the Ethiopian Government’s dedication to advancing the tourism […]
Addis Ababa, January 23, 2025 (FMC) – Japanese companies are showing growing interest to explore business opportunities in Ethiopia and the recent Ethio-Japan Trade and Investment Symposium was useful in that regard, Ambassador Shibata Hironori said. The Japanese Ambassador said that the two countries have a very long relationship on […]
On the occasion, State Minister of Foreign Affairs Ambassador Mesganu Arga stated that the bilateral relation between Ethiopia and Japan is strong and historic, stressing the need to further enhance business and trade relations by leveraging mutual opportunities and increasing stakeholder participation. Ambassador Mesganu also called on Japanese business and […]
On the occasion, both dignitaries agreed on the importance of enhancing investment flows into Ethiopia’s special economic zones. The IPDC CEO mentioned the importance of working in cooperation with the institute to increase the flow of investment in the Ethiopian special economic zones run by corporation. Shoichi Kobayashi, on his […]
Addis Ababa, January 20, 2025 (FMC) – Commissioner Zeleke Temesgen (PhD), Commissioner of the Ethiopian Investment Commission (EIC), held a meeting today with representatives of Trafigura, the world’s second-largest private oil and metal trading Group. During the meeting, Commissioner Zeleke highlighted the significant investment opportunities available in Ethiopia that align […]