Addis Ababa, August 19, 2024 (FBC) – The Embassy of India in Addis Ababa in partnership with the Ministry of Agriculture of Ethiopia unveiled a report on market study on Export Opportunities for Oil Seeds, Pulses, Cotton, Gemstones and Coffee from Ethiopia to India. The report on the market study […]
Opportunities
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Addis Ababa, August 19, 2024 (FBC) – The National Bank of Ethiopia’s foreign exchange (FX) administration reform, implemented as part of the broader macroeconomic reforms, has significantly catalyzed the growth of financial institutions, Bank officials remarked. Banking industry officials asserted that the government’s macroeconomic reforms will significantly contribute to the […]
Addis Ababa, August 18, 2024 (FBC) – In addition to promoting economic stability and fostering growth, the recent macroeconomic reforms are poised to significantly address the challenges faced by the private sector, as reported by the Addis Ababa Chamber of Commerce and Sectoral Association (AACCSA). AACCSA hosted a half-day discussion […]
Addis Ababa, August 17, 2024 (FBC) – Equb Financial Technologies has signed a partnership agreement with Awash Bank S.C. to promote digital saving services in Ethiopia. Equb Financial Technologies is an Ethiopian startup which has digitized the country’s age-long traditional saving method (Equb) into a digital saving system. The signing […]
Addis Ababa, August 17, 2024 (FBC) – Ethiopia’s macroeconomic reform policy is a very positive move in strengthening the whole economic environment and building the confidence of investors, according to the United Nations Conference on Trade and Development (UNCTAD). UNCTAD Regional Office for Africa Chief Diane Sayinzoga hailed Ethiopia for […]
Addis Ababa, August 17, 2024 (FBC) – The recent macroeconomic reform will significantly enhance the competitiveness of export and the growth of the horticultural industry, according to producer exporters of cut flowers, vegetables, and fruits. The horticulture produce exporters stated that the macroeconomic reform will boost export earnings and competitiveness. […]
Addis Ababa, August 16, 2024 (FBC) – The full implementation of macroeconomic reform policy in Ethiopia is a big change to further place the country as a more favorable destination for foreign direct investment (FDI), Ethiopian Investment Commissioner Ms. Hanna Arayaselassie remarked. The government of Ethiopia announced recently that it […]
Addis Ababa, August 16, 2024 (FBC) – Ethiopia has been offering extensive fiscal and non-fiscal incentives for investments in renewable energy as it has identified the energy sector among the key priorities for investment, Chief Commissioner of Ethiopian Investment Commission Ms. Hanna Arayaselassie said. The commission has held a half-day […]
Addis Ababa, August 15, 2024 (FBC) – Safaricom Telecommunications Ethiopia CEO Vanhelleputte has appreciated government institutions for their support in registering the achievements which would have never been possible without their collaboration. Safaricom Ethiopia CEO Wim Vanhelleputte told ENA that “the company’s commercial services would have never been possible without […]
Addis Ababa, August 13, 2024 (FBC) – Ethiopia has signed a Memorandum of Understanding today in the presence of stakeholders to cooperate with the East and Southern African Market Coordinating Agency (COMESA) in avocado, red onion and potato products. The MOU signing event was held at a forum organized by […]
Addis Ababa, August 13, 2024 (FBC) – The Ethiopian Securities Exchange (ESX) announced that it has signed two pivotal technology agreements with Infotech Private Limited, a leading global provider of capital markets technology solutions. These agreements mark a significant step forward in the development of Ethiopia’s first ever securities exchange, […]
Ambassador Demeke Atnafu, Deputy Head of Mission at the Ethiopian Embassy in Nairobi, received and met with Samuel Weruethe, Kenya’s National Executive Chairman and Chamber Chairman and other Eight Directors of the Chamber on 12 August 2024. During the Meeting, Ambassador Demeke briefed the delegates about the ample business and […]