Addis Ababa, March 22, 2021 (FBC) – Messebo cement plant in Tigray regional state has resumed production after four months of suspension due to law enforcement operation carried out in the region. According to Melaku Alebel, Minister of Trade, the factory has started supplying its product to stabilize the market. […]
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Addis Ababa, March 19, 2021 (FBC) – CEO of Ethiopian Industrial Parks Development Cooperation, Sandokan Debebe discussed with representatives of H&M on the challenges encountered by Mekelle Industrial Park and possible solutions to the problem. Both parties have agreed to work together for the advancement of the sector and the […]
Addis Ababa, March 17, 2021 (FBC) – Ethiopian Airlines (Ethiopian) has partnered with the African Centers for Disease Control and Prevention (Africa CDC) for the implementation of the African Union Trusted Travel Pass to make continental travel easier and safer amidst the COVID -19 pandemic. The Trusted Travel pass program […]
Addis Ababa, March 16, 2021 (FBC) – The construction of Addis-Africa International Convention and Exhibition Center (AAICEC) is progressing well, official said. As Ethiopia is bracing up for huge Meetings, Incentives, conferencing and exhibitions (MICE) industry, the completion of the center will have huge significance in this regard, Finance State […]
Addis Ababa, March 14, 2021 (FBC) –Ethiopian industrial parks have so far generated more than $610 million from export of various products, according to the Ethiopian Industrial Parks Development Corporation. The 13 industrial parks exported apparels and other products to the European, the United States and other global markets to […]
Addis Ababa, March 11, 2021 (FBC) -The Board of Directors of the African Development Bank (AfDB) has approved a grant of $2.33 million to EthSwitch Share Company, an initiative led by National Bank of Ethiopia, for the modernization of its payments infrastructure. The grant is resourced from the special fund […]
Addis Ababa, March 5, 2021 (FBC) – A private company named Omotic Association ltd announced preparation to build a lodge at Koysha attraction site at a cost of 114 Million Birr. Lodges and Hotels Department Head at Omotic Association ltd, Abdi said the lodge is to be constructed at 5 […]
Addis Ababa, February 2, 2021 (FBC) -Ethiopian Airlines (Ethiopian) is well positioned to emerge as African industry winner from the Covid-19 pandemic, says analysts. An associate director at Africa Matters in London, Indigo Ellis, says airlines with diverse revenue streams are in a stronger position. Ethiopian is strengthened by the […]
Addis Ababa, March 8, 2021 (FBC) –The Ministry of Mines and Petroleum has announced plans to generate over $17 billion from mining sector over the coming 10 years. The Ministry made the remark during a seven-month performance review meeting held recently. State Minister of Mines and Petroleum, Simegn Wube, said […]
Addis Ababa, March 2, 2021 (FBC) – The Embassy of Ethiopia in Rabat, Morocco held an Ethiopian Coffee Promotion and Traditional ceremony event recently. The event was organized to promote Ethiopian coffee in the Moroccan market that could result in increasing Ethiopian coffee export. The event also provided the opportunity […]
Addis Ababa, March 1, 2021(FBC) – An agreement was signed today between the Oromia Industrial Parks Development Corporation and Walabu Construction Share Company to construct agro-industrial park at a cost of 7.8 billion birr in Nekemte town, Oromia regional state. Oromia Industrial Parks Development Corporation Bureau Head, Sisay Gemechu and […]
Addis Ababa, February 23, 2021 (FBC) – Ethiopian embassy in Algiers has conducted trade, investment, and tourism promotion engagements in the commercial cities of Oran and Mustagan, in Algeria. Ambassador Extraordinary and Plenipotentiary of Ethiopia to Algeria, Nebiat Getachew held fruitful discussions with presidents of Chamber of Commerce and Industry […]