Addis Ababa, July 21, 2021 (FBC) – Industrial Parks Development Corporation (IDPC) has signed an agreement with a Chinese Company, Shang Cheng Ltd, to lease factory sheds in Debre Birhan Industrial Park. The agreement has been signed by the CEO of IDPC, Sandokan Debebe, and Shang Cheng’s General Manager, Candy […]
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Ministry of Trade and Industry disclosed today that Ethiopia has obtained 3.62 billion USD from export trade in the concluded 2013 Ethiopian budget year, which is a record high value in its history. Trade and Industry State Minister Misganu Arega told journalists today that the generated record-amount is 88 percent […]
France’s telecom firm Orange has submitted an expression of interest to participate in the ongoing partial privatisation of Ethiopia’s Ethio Telecom firm, Ethiopia’s ambassador to Paris said on Twitter on Tuesday. Henok Teferra Shawl said in a tweet Orange had “formally submitted interest to participate in the partial privatisation of […]
Source: 18 JULY 2021The Ethiopian Herald (Addis Ababa)By Tewodros Kassa Different investment related information indicate that Ethiopia is being considered a promising place for investment. The investment information providers assured that the country is a strategic destination for multinational investors following its diversified investment opportunities and various investment incentives by the […]
Ethiopian Airlines Cargo has signed up for another five years at Liege Airport. The deal means that Liege Airport will continue to be Ethiopian Airlines cargo hub serving as a freighter gateway between Africa and Europe until 2026. Ethiopian Airlines Cargo and Logistics Services acting managing director said: “In collaboration […]
Addis Ababa, July 15, 2021 (FBC) – The Ethiopian Embassy in Doha, Qatar yesterday hosted a virtual pre-investment discussion between key Ethiopian government sectors and Baladna Food Industries – the leading and largest dairy producer in Qatar. The aim of the preliminary session was to have a general overview of […]
Ministry of Agriculture annouced that Ethiopia has secured 906 Million USD from coffee exported to several countries of the world. The Agruculture Minister Oumer Hussien stated that Ethiopia has exported 248,000 ton of coffee amounting to 906 Million USD durring the concluded fiscal year. “The value is record high that […]
Addis Ababa, July 6, 2021 (FBC) –Ethio-telecom has launched its LTE Advanced 4G mobile network in 12 towns. The company launched the advanced services in Hawassa, Shashemene, Yirgalem, Aletawondo, Dila, Arsi Negele, Negele, Adola, Bulehora, Yabelo, Moyale and Shakiso. Frehiwot Tamru, CEO of Ethio-telecom, said the launch of the service […]
Addis Ababa, July 5, 2021 (FBC) – Aimed at transfiguring the conventional and costly ways of doing the livestock export business, Ethio-Djibouti Livestock Export Promotion Forum kicked off on Sunday attracting scores of high-level officials from each side, several experts from relevant stakeholders as well as dozens of exporters in […]
Addis Ababa, July 5, 2021 (FBC) -Ethiopian Airlines Group (Ethiopian), the largest Pan-African airline, has become Africa’s top airline in passenger and freight traffic retaining its leadership position in the continent. According to the African Airlines Association’s (AFRAA) report, Ethiopian has been ranked first by passenger and cargo traffic in […]
Addis Ababa, July 1, 2021 (FBC) – The delegation of the Lamu Port-South Sudan-Ethiopia corridor countries has paid a visit to recently completed Modjo-Meki-Batu Expressway phase one project. During the visit, members of the delegation lauded the significance of the expressway in facilitating trade and investment ties in the East […]
Addis Ababa, June 30, 3021 (FBC) – Japan International Cooperation Agency (JICA) has announced support to help Ethiopian leather products penetrate the U.S. and European market. Under its Second Phase of the Champion Product Project, JICA has selected six Ethiopian shoe and bag makers to participate in in its technical […]