Addis Ababa, May 19, 2022 (FBC) – Ethiopia has seen a growing potential in China’s booming coffee market as China becomes one of the largest importers of Ethiopian coffee, Coffee and Tea Authority announced. Adugna Debela (PhD), Director General of the Ethiopian Coffee and Tea Authority, told Xinhua recently that […]
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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, April 19, 2022 (FBC) – Director General of the Ethiopian Coffee and Tea Authority, Adugna Debela (PhD) said that a wide range of activities are underway to improve product and productivity of coffee in the country and increase amount of export to the international market. Saying that Ethiopia […]
Addis Ababa, April 12, 2022 (FBC) – Ethio telecom signed on Monday a three-year contractual agreement with five virtual internet service partners namely WebSprix IT Solutions PLC, VIVATECH Trading PLC, Zergaw ISP, Skynet IT Solution PLC and Dulle Business Group. Based on the contractual agreement, the partners will exclusively provide […]
Addis Ababa, April 9, 2022 (FBC) – The Ministry of Finance has announced a decision that allows importers of basic food items such as oil, wheat, sugar, baby milk and rice to directly import the foodstuffs through the Customs Commission without waiting for foreign exchange permits. In a statement, the […]
Addis Ababa, March 27, 2022 (FBC) – The Government of Brazil awards the Order of Rio Branco (Ordem de Rio Branco) to Ethiopian Airlines for the spectacular service the Airlines rendered to Brazil during the high-time of the Coronavirus Pandemic. Tewolde GebreMariam, former CEO of Ethiopian Airlines receives the highest […]
Addis Ababa, March 24, 2022 (FBC) – The Board of Management of Ethiopian Airlines Group has announced the appointment of Mesfin Tasew Bekele, as Chief Executive Officer of Ethiopian Airlines Group, effective March 23, 2022. Mesfin has been a successor to the former CEO of the Airline group, Tewolde GebreMariam […]
Addis Ababa, March 24, 2022 (FBC) – Ethio telecom launches a high network capacity 4G Home Wireless Broadband internet service which is a GSM/4GLTE based broadband access solution. The 4G home wireless broadband internet service uses the existing GSM/ 4G LTE mobile Network as an option of fixed broadband internet […]
Addis Ababa, March 22, 2022 (FBC) – In a consultative meeting organized by FBC, local edible oil producers are discussing problems affecting the sector and possible solutions to address the issues. Companies engaged in production of edible oil and concerned government institutions have brought forth the pressing challenges that are […]
Addis Ababa, March 22, 2022 (FBC) – A team of the Italian Shipping Company, Rimorchiatori Riuniti has conducted a pre-investment visit to Ethiopia where it explored opportunities in the transport and logistics sector. The team of Rimorchiatori Riuniti discussed with Transport Minister Dagmawit Moges on how to facilitate conditions for […]
Addis Ababa, March 17, 2022 (FBC) – A forum aimed to introduce opportunities in Ethiopia in Agro-processing to investors in the United Arab Emirates was held in Dubai on Wednesday. Deputy Head of Ethiopian Investment Commission, Temesgen Tilahun, expounded on the efforts of the government of Ethiopia in expanding investment […]