Impack Corporation is envisaging to increasing the volume of its rose flower imports from Ethiopia by five-fold, from its current annual imports of two million stems of rose flowers, According to Ethiopian Embassy in Tokyo. Ethiopia’s Ambassador to Japan, Tefera Derbew has paid field visit to Impack corporation’s rose flowers […]
Events
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Foreign Direct Investment (FDI) to Ethiopia has shown improvement after a brief decline due to COVID-19 and security concerns, according to Ethiopian Investment Commission (EIC). Ethiopia attracted three billion USD in Foreign Direct Investment (FDI) in the just ended Ethiopian fiscal year. EIC Foreign Direct Investment and Promotion Director, Aschalew […]
Ethiopia has finalized preparations to open its first Free Trade Zone in Dire Dawa next month, Ministry of Transport and Logistics disclosed. A panel discussion about the Free Trade Zone (FTZ) to be established in Dire Dawa was held today. In her opening remark, Transport and Logistics Minister Dagmawit Moges […]
Ethio-Djibouti Standard Gauge Railways S.C has set to streamline Ethiopian Export products and boost Profitability, according to Ethiopian Embassy in Djibouti. A delegation led by, CEO of Ethio-Djibouti Standard Gauge Railways S.C Abdi Zenebe, visited Djibouti and held discussion with a diplomat at the Ethiopian Embassy to discuss ways to […]
Addis Ababa, June 7, 2022 (FBC) – A delegation led by Endalew Mekonen, State Minister for Trade and Regional Integration of Ethiopia paid a visit to the port operation at Djibouti’s Doralleh Multi-Purpose Port on June 6, 2022. The working visit was jointly organized by the government of Djibouti, the […]
Addis Ababa, May 28, 2022 (FBC) – Spanish pharmaceutical manufacturer Reg Joffri has expressed interest to entering the Ethiopian industrial parks. Representatives of the company have discussed with CEO of Ethiopian Industrial Parks Development Corporation, Sandokan Debebe on how to join the industrial climate in Ethiopia. During the discussion, the […]
Addis Ababa, May 23, 2022 (FBC) – A delegation headed by Ambassador Extraordinary and Plenipotentiary of Ethiopia to Kenya, Meles Alem and representatives of the Governments of Kenya and South Sudan with regards to the Lamu Port-South Sudan-Ethiopia- Transport (LAPSSET) Corridor Project paid a scoping mission to the Northern Corridor […]
Addis Ababa, May 20, 2022 (FBC) – Ethio telecom built and launched a modern modular data center recently and has been utilizing it for its own multiple purposes and leasing for enterprises. The company has signed a memorandum of agreement today with Zemen Bank, Rays Micro Finance, ZamZam Bank, Hijira […]
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 […]
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 […]
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 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 […]