Addis Ababa, June, 24, 2025 (FMC) — The African Continental Free Trade Area (AfCFTA) is set to revolutionize Africa’s economic landscape by creating a unified market that supports large-scale investment and industrialization, Melaku Desta, Africa Trade Policy Centre Coordinator at the UN Economic Commission for Africa said. The AfCFTA aims […]
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Addis Ababa, June 22, 2025 (FMC) – The Ethiopian government has expressed its keen interest to exploit the African Continental Free Trade Area (AfCFTA) Agreement to boost new economic opportunities, with a view of transforming the country’s trade and economic landscape. The statement was made by Ethiopian Minister of Trade […]
Addis Ababa, June 21, 2025 (FMC) — Ethiopia conducted the concluding validation workshop for its African Continental Free Trade Area (AfCFTA) Implementation Strategy today, marking a pivotal step toward finalizing the country’s comprehensive roadmap for engaging with the continental free trade framework. The workshop, co-organized by the United Nations Economic […]
Addis Ababa, June 20, 2025 (FMC) — Ethiopia’s Trade and Regional Integration Minister Kassahun Goffe called on government institutions, the private sector, development partners, and other stakeholders to join hands in making the ECOTRADE project a model for excellence in supporting his country’s integration into the African Continental Free Trade […]
Addis Ababa, June 20, 2025 (FMC) — The European Union officially launched the ECOTRADE project today in Addis Ababa, a four-year, €6 million project aimed at strengthening Ethiopia’s integration into the African Continental Free Trade Area (AfCFTA). The project, implemented by the EU with technical support from Expertise France, is […]
Addis Ababa, June 19, 2025 (FMC) — The Ministry of Trade and Regional Integration (MoTRI) announced a significant boost in export earnings and trade facilitation reforms as it presented its 11-month performance report for the 2024/25 fiscal year to the House of People’s Representatives this morning. Minister Kassahun Goffe, delivering […]
Addis Ababa, June 16, 2025 (FMC) — Ethio-Djibouti Railway S.C. (EDR) has repositioned 104 empty 20-foot containers from the Port of Djibouti to the Indode Freight Yard in Addis Ababa, in a strategic move to enhance Ethiopia’s export logistics and support the country’s growing trade in coffee, cereals, and other […]
Addis Ababa, June 12, 2025 (FMC) — A Memorandum of Understanding (MoU) enabling the export of Ethiopian avocado products to China was officially signed on June 12, 2025, during the China-Africa Economic and Trade Expo held in Changsha, China. The agreement was signed by Ambassador Tefera Derbew, Plenipotentiary Ambassador of […]
Addis Ababa, June 11, 2025 (FMC) — Huajian Group has reaffirmed its firm commitment to job creation, technology transfer, and mutual economic development through its pioneering investment in Ethiopia’s Geda Special Economic Zone (SEZ), focusing on a New Energy Industrial Park project. In an exclusive interview with Fana Media Corporation, […]
Over the past three years, the e-commerce industry has seen rapid evolution driven by shifts in consumer behavior, technological advancements, and global economic forces. Here are the key trends that have shaped the sector: 1. Mobile Commerce (M-Commerce) Surge 2. Rise of Social Commerce 3. AI-Powered Personalization 4. Subscription and […]
Addis Ababa, June 4, 2025 (FMC) – African Export-Import Bank (Afreximbank) has praised Ethiopia’s transformative economic reforms, reaffirming its commitment to scaling up continued support for one of Africa’s fastest growing economies. Client Relations Acting Group Managing Director at Afreximbank, Eric Monchu Intong commended Ethiopia’s immense reforms being implemented in […]
Addis Ababa, June 4, 2025 (FMC) — The Ethiopia-Belgium Business Forum has given us the opportunity to explore Ethiopia’s extensive investment prospects, Chamber of Commerce, Industry and Agriculture for Belgium, Luxembourg, Africa, Caribbean, and Pacific Commercial Director Thomas De Beule said. The commercial director who is among the 14-member Belgian […]