News

Addis Ababa, May 12, 2025 (FMC) – President Taye Atske-Selassie revealed that Ethiopia is actively pursuing policy reforms and strategies to position itself as a key gateway to the global market and a leading destination for investment. Speaking at the opening of a two-day high-level business forum in Addis Ababa […]

Addis Ababa, May 12, 2025 (FMC) –The 2025 edition of the Africa CEO Forum will gather 2,000 CEOs, investors and public sector leaders from over 75 countries in Abidjan from May 12 – 13, 2025. The Forum is the continent’s premier gathering, bringing together Africa’s top executives, global investors, and […]

Addis Ababa, May 11, 2025 (FMC) — Special Economic Zones (#SEZs) in Ethiopia are yielding tangible results by expanding diverse investment and creating sustainable market linkages for farmers, Deputy CEO of the Industry Parks Development Corporation (IPDC) said. The IPDC highlighted that following the national reforms, Ethiopia’s capacity to execute […]

Addis Ababa, May 11, 2025 (FMC) — The Ethio-Djibouti Railway (EDR) S.C. has introduced new procedures aimed at strengthening its logistics capacity and delivering integrated services to manufacturers operating within Ethiopia’s special economic zones (SEZs). The announcement was made during a consultation forum organized by the company to introduce its […]

Addis Ababa, May 9, 2025 (FMC) — The engagement of private sector could play a critical role for Ethiopia’s optimum gains from the African Continental Free Trade Area (AfCFTA), according to Ministry of Trade and Regional Integration. State Minister Yasmine Wehabrebi told local news agency ENA that the preparatory work […]

Addis Ababa, May 7, 2025 (FMC) — Ethiopia’s Minister of Industry, Mr. Melaku Alebel, revealed that the “Made in Ethiopia Expo 2025” has successfully created market linkages valued at over 4 billion birr. Speaking at the closing ceremony of the third “Made in Ethiopia Expo,” the Minister emphasized that domestic […]

Addis Ababa, May 6, 2025 (FMC) – Ethiopia is advancing its manufacturing sector through increased investment opportunities, expanded market access, and enhanced capital financing mechanisms. These efforts were prominently showcased at the third ‘Made in Ethiopia’ Expo held in Addis Ababa, where government officials and industry leaders gathered to review […]

Ethio telecom has introduced a series of groundbreaking digital solutions aimed at modernizing and enhancing various sectors in Ethiopia. The company’s latest offerings include a digital cattle tracking system, cloud-based services for enterprise customers, a Tele PTT/V solution for businesses, a core banking solution for microfinance institutions, a learning management […]

Addis Ababa, March 3, 2025 (FMC) – The Japan External Trade Organization (JETRO) has pledged to actively support the promotion of investment opportunities in Ethiopia, aiming to encourage Japanese companies and investors to explore the country’s growing sectors. This commitment was made public after a meeting between Mr. Fisseha Yitagesu, […]

Central bank regulators are working on a directive that would govern licensing procedures for banks looking to open branches inside Special Economic Zones (SEZs). The ‘Licensing and supervision of banking business requirements for licensing a bank branch to operate in SEZs’ directive will require banks to ensure SEZ branches provide […]

Addis Ababa, February 27, 2025 (FMC) — The Japanese company Toyo Solar, which has invested $60 million in the Hawassa Special Economic Zone to produce various solar panels, has completed the installation of machinery and has begun pilot production. The CEO of the Industrial Parks Development Corporation of Ethiopia (IPDC), […]

Addis Ababa, February 25, 2025 (FMC) – A Chinese delegation from Jiangsu province met with the senior officials of Ethiopian Investment Commission (EIC) to enhance Ethiopia-China investment cooperation. On the occasion, Zeleke Temegen (PhD) highlighted China’s vital role in Ethiopia’s development, emphasizing the government’s commitment to a favorable investment climate. […]