Addis Ababa, February 24, 2025 (FMC) — An Ethiopia-China Economic and Trade Forum opened this afternoon at the Skylight Hotel in Addis Ababa, the Ethiopian foreign ministry reported. The forum was jointly organised by the Ministries of Foreign Affairs and Trade and Regional Integration in collaboration with the Ethiopian Investment […]
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Addis Ababa, February 24, 2025 (FMC) – Ethiopia’s Minister of Trade and Regional Integration Kassahun Gofe (PhD) has recommended strategies to further strengthen the existing trade relations between his country and China. Promoting trade and business engagement between the two nations was the agenda for discussion during a meeting between […]
Addis Ababa, February 22, 2025 (FMC) — Ethio-Djibouti Railway service (EDR) has announced the launch of an online ticket booking service for its passengers. The company’s CEO Engineer Takele Uma announced today on his social media page that starting from February 24, 2025, passengers will be able to book and […]
Addis Ababa, February 20, 2025 (FMC) — Ethiopia’s Minister of Planning and Development, Fitsum Assefa, and State Minister Bereket Tesfamarim met with Mr. Maxim Reshetnikov, Russia’s Minister of Economic Development, to discuss expanding economic cooperation between the two nations. Fitsum, highlighted Ethiopia’s commitment to deepening economic ties with Russia through […]
Addis Ababa, February 19, 2025 (FMC) – UK Deputy Prime Minister (DPM) Angela Rayner emphasized the importance of products being produced in an environmentally sustainable manner while upholding quality standards. She made these remarks during a meeting with the CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), Feseha Yetgesu […]
Ethiopia has announced plans to permit foreign banks from friendly nations to invest in its financial sector, representing a significant shift in the country’s banking policy. However, the highly anticipated bill, revised two months ago, has yet to be officially published. Under the newly adopted banking business proclamation, international banks […]
Doraleh Container Terminal Management Company (SGTD), a leading regional port operator, has made a significant move to enhance operational efficiency with the arrival of 10 new rubber-tyred gantry (RTG) cranes. These cranes, which will be commissioned soon, are anticipated to greatly improve the terminal’s capacity and service quality. In a […]
Addis Ababa, February 11, 2025 (FMC) – Today, Ethio Telecom, in its bold initiative to stepping toward supporting Ethiopia’s growing electric vehicle (EV) ecosystem, has unveiled its newly built ultra-fast EV charging station in Addis Ababa. This initiative aligns with our company’s vision as a leading digital solutions provider and […]
Addis Ababa, February 8, 2025 (FMC) – The Ethiopian Investment Commission (EIC) Chief Commissioner Mr. Zeleke Temesgen disclosed that the Commission has identified 2,507 major international companies as key targets for investment in Ethiopia, marking a strategic shift in the country’s approach to attracting foreign direct investment (FDI). This move […]
Addis Ababa, February 6, 2025 (FMC) — The Ethiopian Securities Exchange (ESX) announced that it has been taking a final step to register five giant companies over the next six months. Recall Prime Minister Abiy Ahmed officially launched the Ethiopian Securities Exchange early this year, the first stock exchange in […]
Addis Ababa, February 4, 2025 (FMC) – The Ethiopian Agricultural Businesses Corporation (EABC) announced that ships carrying 1,100,000 quintals of DAP and Urea soil fertilizer for the 2017/18 E.C (2024/25) cultivation season have docked at the port of Djibouti on Monday. In light of this, the amount of soil fertilizer […]
In a significant policy shift, the Ethiopian government plans to eliminate the cap on private sector credit growth by the end of September 2025. This initiative is part of broader reforms designed to create a more market-oriented financial system, including the introduction of market-driven Treasury bonds at the start of […]