Addis Ababa, June 30, 2025 (FMC) – Ethiopia’s coffee exports have recorded a remarkable surge, surpassing targets by 128,718 tons and expanding into 20 new international markets within the first 11 months of the current fiscal year, according to the Ethiopian Coffee and Tea Authority (ECTA). Deputy Director General of […]
Events
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Addis Ababa, June 23, 2025 (FMC) – President Taye Atske Selassie urged American companies to invest in various areas of the Ethiopian agricultural sector, with the goal of fostering mutually beneficial commercial partnerships. President Taye Atske Selassie took part in a panel discussion entitled “Strengthening U.S.-Africa Collaboration in the Agri-food […]
Addis Ababa, June 21, 2025 (FMC) — Ethiopia conducted the concluding validation workshop for its African Continental Free Trade Area (AfCFTA) Implementation Strategy today, marking a pivotal step toward finalizing the country’s comprehensive roadmap for engaging with the continental free trade framework. The workshop, co-organized by the United Nations Economic […]
Addis Ababa, June 12, 2025 (FMC) — A Memorandum of Understanding (MoU) enabling the export of Ethiopian avocado products to China was officially signed on June 12, 2025, during the China-Africa Economic and Trade Expo held in Changsha, China. The agreement was signed by Ambassador Tefera Derbew, Plenipotentiary Ambassador of […]
Addis Ababa, June 4, 2025 (FMC) — The Ethiopia-Belgium Business Forum has given us the opportunity to explore Ethiopia’s extensive investment prospects, Chamber of Commerce, Industry and Agriculture for Belgium, Luxembourg, Africa, Caribbean, and Pacific Commercial Director Thomas De Beule said. The commercial director who is among the 14-member Belgian […]
Addis Ababa, June 2, 2025 (FMC) – Ethiopia is more prepared than ever to welcome foreign investment, according to Mr. Zeleke Temesgen, Chief Commissioner of the Ethiopian Investment Commission (EIC). Delivering opening remarks at the Ethiopia–Belgium–Luxembourg Business Forum in Addis Ababa, the Chief Commissioner highlighted that Ethiopia has undertaken over […]
Addis Ababa, June 2, 2025 (FMC) – An Ethiopia-Belgium-Luxembourg Trade and Investment Forum was held in Addis Ababa today, as the business delegation from both countries explore investment opportunities in Ethiopia.. In his opening remarks, the Minister of Finance Ahmed Shide said, Ethio-Belgium and Ethio-Luxembourg bilateral and multilateral cooperations are […]
In a historic gathering that signals a new era of partnership, senior representatives from China, 53 African countries, and the African Union Commission convened in Changsha this week to advance the full implementation of outcomes from the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC). The Ministerial Meeting of […]
Experts anticipate limited impact from foreign financial firms as Ethiopia opens its market. During a panel discussion hosted by Zemen Bank on the theme ‘Economic Liberalization and the Future of Banking in Ethiopia,’ experts examined the implications of foreign financial firms entering the Ethiopian market. The consensus indicated that while […]
Central Bank Signals End to Credit Gaps by September KEY TAKEAWAYS Ethiopian Investment Holdings (EIH) has stepped into the Treasury Bill (T-bill) market for the first time, investing nearly seven billion Birr, marking a notable shift for commercial entities in the public debt arena. Executives of the sovereign fund believe […]
China’s Huajian Group is preparing to open an electric-vehicle assembly plant in the Eastern Industrial Zone (EIZ) in Dukem, 40 kilometers south of Addis Ababa, as part of its plans to expand investment in Ethiopia, The firm is already importing vehicles from China through an agreement with Guangzhou Automotive Corporation […]
Addis Ababa looks to the East for a massive Addis Tomorrow Special Economic Zone project whose construction has just been launched through ATID, a joint venture between the Addis Ababa City Administration and China Communications Construction Company (CCCC). The venture is the latest in a slew of development projects being […]