Addis Ababa, September 9, 2023 (FBC) – Ethio telecom today officially launched the fifth generation (5G) mobile network service in Addis Ababa. Ethio telecom rolled out the long overdue 5G mobile network service in an event held at Friendship Square in Addis Ababa. In her remarks during the event, the […]
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Addis Ababa, September 1, 2023 (FBC) The Ethiopian Coffee and Tea Authority and Illycaffè, the first Italian coffee company to obtain the B-Corp certification, have signed an agreement that aims to increase coffee quality from the plant to the cup, through training activities that will mainly be held in the […]
Addis Ababa, August 18, 2023 (FBC) – Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that the UAE’s leadership had directed the country to strengthen its relations with African nations, especially Ethiopia. Ethiopia is is a major market for the UAE’s non-oil exports and re-exports, he […]
Addis Ababa, August 18, 2023 (FBC) – Ethiopian Airlines Group and Addis-Africa International Convention and Exhibition Centre (AAICEC) have signed an equity investment agreement. This is to establish an international convention centre in Addis Ababa that will host multiple business events. The centre, being built and named AAICEC, will be […]
Addis Ababa, August 11, 2023 (FBC) – The Ministry of Trade and Regional Integration of Ethiopia (MoTRI) today confirmed that US$854,834,000 earned from export of grains and cereals. The Ministry noted that the initial plan for 2022/23 Ethiopian financial year was to collect US$1.162 billion. The exported products include grains, […]
ddis Ababa, August 7, 2023 (FBC) – ALFA GROUP, a company engaged in energy sector in Türkiye, expressed a keen desire to tap investment opportunities in Ethiopia, according to the Ethiopian Embassy in Ankara. Ethiopia’s Ambassador to Türkiye, Adem Mohammed, held a discussion in his office with Mr. Ahmet Murat, […]
Addis Ababa, July 15, 2023 (FBC) – In a bid to attract innovative automotive industry investments in Ethiopia, a delegation led by EIC visited Porto and conferred with the CEO of Caetano Bus Patricia Vasconcelos and the COO of Salvador Caetano Jorge Costa. It is stated that the Group has […]
Addis Ababa, July 14, 2023 (FBC) – Demeke Atnafu, Ambassador Extraordinary and Plenipotentiary of Ethiopia to the Republic of India has received Rajiv Kumar, Executive Director of the Rice Exporters’ Association, Gulshan Rai and Bharat Chugh, Directors of AAKRITI Industries Limited. During the meeting they discussed on the possibilities of investing […]
Addis Ababa, July 11, 2023 (FBC) – Ethiopian Airlines is planning to double its fleet by 2035 and the industry can expect orders later this year according its chief executive officer Mesfin Tasew. The CEO told aviation and data analytics specialist Cirium that the airline has a plan to grow its to fleet to […]
Addis Ababa, July6, 2023 (FBC) – Ethiopia’s industry sector is expected to grow by 8.2 percent as the ‘Made in Ethiopia” movement has played a crucial in mobilizing industries, Prime Minister Abiy Ahmed (PhD) said. Responding to queries forwarded by members of the HPR in the House’s 28th session today, the […]
Addis Ababa, July 3, 2023 (FBC) – Ambassador of Ethiopia to Japan Daba Debele discussed with Mutsuo Iwai, Chairperson of the Board of Japan Tobacco International on Monday. Ambassador explained that Ethiopia’s Business potential and favorable business environments created following the new economic reforms. Mutsuo Iwai, on his part, stated […]
Addis Ababa, June 29, 2023 (FBC) – Beyene Gebremeskel, Deputy Head of Mission at the Ethiopian Embassy in London, held a meeting today with Karen Taylor, CEO of Invest Africa. On the occasion, Beyene emphasized the embassy’s desire to partner with Invest Africa to advance the promotion of Foreign Direct […]