Addis Ababa, May 3, 2024 (FBC) – Ethiopian Ambassador to Pakistan, Jemal Beker Abdula, on Thursday urged Pakistani investors to explore trade and investment opportunities in various sectors of Ethiopia to promote and develop bilateral relations between the two countries. Addressing the launching ceremony of the Pakistan 2nd Business and […]
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Addis Ababa, May 1, 2024 (FBC) – Ethiopia serves as a crucial driver of security and economic linkages within the region, according to Finance Minister Ahmed Shide. Mr. Ahmed Shide made the remark during his participation in the World Economic Forum’s Special Meetings held this week in Riyadh, Saudi Arabia. […]
Addis Ababa, May 1, 2024 (FBC) – Ethiopia’s Agriculture Minister Girma Amente emphasized today the importance of access to finance in agriculture to bring about structural transformation in the sector. A workshop designed to provide a platform for all stakeholders to come together and jointly chart the way for the […]
Addis Ababa, April 30, 2024 (FBC) – In a retreat held today at the Africa Leadership Excellence Academy (AFLEX), the Government of Ethiopia and the Development Partners Group (DPG) engaged in discussions centered around the country’s sustainable financing strategy. The retreat brought together State Ministers, Heads of Development Partners, and […]
Addis Ababa, April 30, 2024 (FBC) – El Salvador expresses interest in collaborating with Ethiopia in investment, economic development, and South-South Cooperation, which emphasizes the importance of bilateral and multilateral friendship and mutual learning. The South American’ nation’s desire was revealed during a meeting between Ethiopia’s Minister of State for […]
Addis Ababa, April 29, 2024 (FBC) – Ambassador of Ethiopia to Pakistan, Jemal Beker, held discussions with representatives of chambers of trade and industry and company representatives of various cities. Ambassador Jemal presided over an Ethiopia-Pakistan Business Forum in Sialkot City where he had discussions with business people and industrialists […]
Addis Ababa, April 26, 2024 (FBC) – The Ministry of Foreign Affairs disclosed that Ethiopia is working hard to become member of BRICS’ New Development Bank. In a media briefing regarding the country’s diplomatic activities over the week, Spokesperson of the Ministry Nebiyu Tedla, indicated that Ethiopian delegation led by […]
Addis Ababa, April 26, 2024 (FBC) – Chinese investments have significantly contributed to the advancement of Ethiopia’s manufacturing sector, and industry stakeholders are keen to assist Chinese investors looking to enter the East African country, said Aklilu Tadesse, CEO of the Ethiopian Industrial Parks Development Corporation (IPDC). Chinese investors currently […]
Addis Ababa, April 24, 2024 (FBC) – The Zenith Steel Group Co., Ltd, a prominent Chinese steel and electrical equipment manufacturer, has expressed its desire to enter and invest over 150 million USD in the Bole Lemi Industrial Park, located in the outskirts of Addis Ababa, the capital city of […]
Addis Ababa, April 22, 2024 (FBC) – China’s Grand World Investment Holding Group has expressed its intention to explore investment prospects in Ethiopia within the manufacturing sector. The investment group’s interest in investing in Ethiopia emerged during a conversation between Ambassador Dewano Kedir, Deputy Head of Mission at the Ethiopian […]
Addis Ababa, April 22, 2024 (FBC) – Ethiopia’s industrial parks have produced more than 200 million USD worth of goods that replace imports, Industrial Parks Development Corporation (IPDC) announced. The parks have also earned over 90 million USD in revenue during the stated period by exporting various products to the […]
The directive issued in March by the Ethiopian Investment Board — chaired by Prime Minister Abiy Ahmed (PhD) — that opens up the export, import, wholesale and retail trade, which hitherto had been the exclusive preserve of domestic investors, to overseas investors subject to certain conditions has drawn mixed reactions. […]