Addis Ababa, May 8, 2024 (FBC) – A groundbreaking ceremony was held today at the Bole Lemi Industrial Park for a new $55 million manufacturing facility by Toppan Gravity, a leading provider of secure payment and identity solutions. Toppan Gravity is a renowned global company that specializes in the production […]
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Addis Ababa, May 8, 2024 (FBC) – The Ethiopian Investment Commission (EIC) disclosed that companies operating within industrial parks are allowed to supply 50 percent of their products to the local market. Deputy Commissioner of the Commission Zeleke Temesgen said that manufacturing industry parks have been built and put into […]
Addis Ababa, May 8, 2024 (FBC) – The Embassy of Ethiopia in Pakistan in Collaboration with Karachi Chamber of Commerce and Industry (KCCI) and Korangi Association of Trade and Industry (KATI) conducted two Ethio-Pakistan Business Forums to mobilize the businesspersons, traders and investors for the 2nd Business and Trade Delegation […]
Addis Ababa, May 8, 2024 (FBC) – The Ethiopian Embassy in Juba has announced that the Ethiopia-South Sudan Business and Investment Promotion Forum is set to commence this Sunday, aiming to strengthen bilateral relations and promote economic ties between the two nations. This announcement follows a meeting between Nebil Mahdi, […]
Addis Ababa, May 7, 2024 (FBC) – Ethiopia emerges as a highly favorable investment destination for those interested in the tourism sector, according to the Ethiopian Investment Commission (EIC). The commission highlights that Ethiopia presents a range of investment prospects, encompassing the construction of tourism infrastructure such as hotels, resorts, […]
Addis Ababa, May 7, 2024 (FBC) – The Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA) has organized a consultative a panel discussion focused on how to foster participation of the private sector in the African Continental Free Trade Area (AfCFTA). In her opening remarks, President of the AACCSA […]
The recent unveiling of Directive No. 1001/2024 by the Ethiopian Investment Board, allowing foreign investors to participate in previously restricted sectors, has far-reaching implications for local companies and consumers. As the market dynamics undergo a significant transformation, it is essential to delve deeper into the impact on both local businesses […]
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 […]
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 […]