Addis Ababa, March 22, 2024 (FBC) – The Industrial Parks Development Corporation of Ethiopia (IPDC) has confirmed the successful resumption of full-scale production at the Mekele Industrial Park. After a two-year halt due to the conflict, the companies operating within the park have now resumed their production activities. Mr. Aklilu […]
News
225 posts
Addis Ababa, March 18, 2024 (FBC) – China Machinery Engineering Corporation Group (CMEC) announced that it is planning to invest in the mining, renewable energy, and construction sectors in Ethiopia. CMEC Group’s plan was disclosed during Ambassador Teferra Derbew’s visit to the Corporation’s headquarters and workshops earlier today. During his […]
Addis Ababa, March 12, 2024 (FBC) – The Government of Ethiopia has been taking monetary, fiscal and development policy measures that stabilize inflation, Finance State Minister Eyob Tekalign said. According to him, the government is enforcing stringent budgetary discipline on government institutions for the remainder of the Ethiopian fiscal year, […]
Addis Ababa, March 11, 2024 (FBC) – Russian embassy in Addis Ababa stated that it is working aggressively to attract Russian investors to industrial parks in Ethiopia. Ethiopia’s Industrial Parks Development Corporation CEO, Aklilu Tadesse had a discussion with Ambassador of the Russian Federation to Ethiopia Evgeny Terekhin on ways […]
Addis Ababa, March 4, 2024 (FBC) – Extraordinary and Plenipotentiary Ambassador of the Federal Democratic Republic of Ethiopia to People’s Republic of China, Tefera Derbew, has visited Jereh Group Exhibition Hall, Jereh petroleum equipment manufacturing industrial Park, Jereh lithium battery recovery equipment and Shandong Jerei digital technology Co., Ltd. The […]
Addis Ababa, March 1, 2024 (FBC) – The Dubai Group, which owns more than 20 companies, expressed its interest to invest in Industrial parks in Ethiopia. Armada Holding Group, which is engaged in various investment sectors in United Arab Emirates and owns more than 20 companies, expressed its desire to […]
Addis Ababa, February 29, 2024 (FBC) – Ambassador Tefera Deribew met with a delegation led by Zhao Baogang, Vice Mayor of Weihai City on Wednesday and discussed bilateral affairs by focusing on further strengthening people to people bond, enhancing investment and trade cooperation between Ethiopia and Weihai City. Both sides […]
BEIJING, February 27 (Sputnik) – China calls on World Trade Organization (WTO) members to speed up the formulation of rules for multilateral digital trade, also known as e-commerce, and create new opportunities for sustainable development, Chinese Commerce Minister Wang Wentao said on Tuesday. “Digital trade is now booming, giving new […]
Addis Ababa, February 19, 2024 (FBC) – The African Union is undertaking various measures including a trade observatory and Africa intra-trade fair to boost the implementation of the African Continental Free Trade Area (AfCFTA), commissioner for Trade and Industry of the African Union Commission Albert M. Muchanga said. Commissioner Muchanga […]
Addis Ababa, February 19, 2024 (FBC) – The UN Economic Commission for Africa (ECA) and Google LLC, the American search engine company, have stroke an agreement that will see the two institutions foster and accelerate Digital Transformation in Africa, ECA confirmed today. The agreement was signed on the sidelines of […]
Addis Ababa, February 15, 2024 (FBC) – The UN Assistance Secretary and Resident and Humanitarian Coordinator Dr. Ramiz Alakbarov has commended activities in Ethiopia’s industrial parks. Dr Ramiz extended his appreciation when he toured Bole Lemi Industrial Park together with CEO of Ethiopian Industrial Parks Development Corporation Aklilu Tadesse. Aklilu […]
Addis Ababa, February 3, 2024 (FBC) – Mitsubishi Corporation (MC), a giant Japanese multinational integrated business entity, has articulated its keen interest in exploring investment opportunities associated with trading within the Dire-Dawa Free Trade Zone. Mr. Shigeyuki Ikeda, the General Manager of Mitsubishi Corporation, undertook visits to Hawasa, Adama, and […]