Addis Ababa, May 18, 2022 (FBC) – The International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from over 40 countries, has admitted the Ethiopian Investment Holdings as an associate member. Ethiopian Investment Holdings (EIH) was founded in January 2022 as a holding company. EIH […]
AB Int
968 posts
By ABN Editor -May 20, 2022 Ethiopia and China have signed a Memorandum of Understanding (MoU) on investment promotion and facilitation which will serve as a new cooperation mechanism for investment, according to Ministry of Foreign Affairs. The MoU was an outcome of the joint Investment and Trade Cooperation Forum both sides […]
By ABN Editor -May 11, 2022 State-owned operator Ethio Telecom launched a 5G mobile phone service on Monday in a key step ahead of competition from new entrants in an industry that has been closed for international players. Next-generation 5G networks can provide data speeds at least 20 times faster than 4G […]
Addis Ababa, May 12, 2022 (FBC) – Ethiopian Coffee export hit a record-breaking 1 billion USD following multifaceted efforts made by government and stakeholders to penetrate the international market. The record-breaking revenue has been earned from export of export of close to 300,000 tonnes of coffee to the international market. The […]
Addis Ababa, May 9, 2022 (FBC) – Ambassador Aklilu Kebede has held a discussion with the General Manager Al Asalah Electromechanical Contracting LLC, United Arab Emirates Company, and his partners on the convenient investment opportunities for foreign investors in our country. The company, in his part, has announced that it […]
Addis Ababa, May 6, 2022 (FBC) – Secretary General of African Airlines Association (AFRAA), Abdérahmane Berthé met with Ethiopian Airlines Group CEO, Mesfin Tasew on Friday in line with the second edition of the AFRAA Member Airline CEOs Leadership Dialogues. The two held talks aimed to enhance cooperation between Ethiopian […]
Addis Ababa, May 6, 2022 (FBC) – Ethiopian Embassy in Beijing organized Ethiopian Coffee Promotion virtual discussion under the theme of “Coffee from the Land of Origins” where more than 92 Ethiopian and Chinese Coffee enterprises attended. Ethiopian Ministry of Foreign Affairs, Ministry of Trade and Regional Integration, Coffee and […]
Addis Ababa, May 6, 2022 (FBC) – Ethiopia has agreed with South Soudan to export 100 MW of electric power to South Sudan over the next three years, quadrupling the target gradually, according to the Ethiopian Electric Power. This was disclosed during the visit of South Sudanese delegation, led by […]
Addis Ababa, May 2, 2022 (FBC) – Leadership of the Ethiopian Investment Commission held a discussion with the Ambassador of the Republic of Malta to Ethiopia Ronald Micallef on investment and business partnership between the two countries. Both sides reiterated their commitment to work on joint investment promotion and further […]
Addis Ababa, April 29, 2022 (FBC) – Close to 60 Chinese and Ethiopian import and export companies including trade associations participated in an event held vitually to promote Ethiopian Sesame product. On the occasion, Ambassador Teshome Toga stated that China and Ethiopia have been enjoying warm relations and cordial friendship […]
Addis Ababa, April 19, 2022 (FBC) – Director General of the Ethiopian Coffee and Tea Authority, Adugna Debela (PhD) said that a wide range of activities are underway to improve product and productivity of coffee in the country and increase amount of export to the international market. Saying that Ethiopia […]
Addis Ababa, April 12, 2022 (FBC) – Ethio telecom signed on Monday a three-year contractual agreement with five virtual internet service partners namely WebSprix IT Solutions PLC, VIVATECH Trading PLC, Zergaw ISP, Skynet IT Solution PLC and Dulle Business Group. Based on the contractual agreement, the partners will exclusively provide […]