Addis Ababa, June 10, 2024 (FBC) – Ethiopia’s Minister of Finance, Ahmed Shide, held a meeting with his Qatari counterpart, Ali Bin Ahmed Al-Kuwari, in which they discussed various topics including finance, development cooperation, and investment opportunities in both Ethiopia and Qatar. During the meeting, Ahmed Shide provided a presentation […]
Opportunities
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Asset price inflation, particularly in the rich countries of the world system, has become pronounced. Increases in asset prices benefit those who are already well endowed. On the other hand, the mechanisms by which asset prices are systemically forced to go up dispossess the large majority of non-asset owning classes, […]
ix years of pronounced decline in investment attractiveness due to political unrest and other economic factors has led the federal government to bet big on a new approach: Special Economic Zones (SEZs). The authorities hope to see the initiative integrate various sectors, rather than the sole focus on manufacturing that […]
Addis Ababa, June 9, 2024 (FBC) – Ethiopia’s Ambassador to Djibouti, Berhanu Tsegaye held a meeting with Datoo Gaas Ali, CEO of AMOYTA, a company with a plan to open an industry in Ethiopia. In light of our specific support for the industry sector, the Ambassador and the AMOYTA CEO […]
Addis Ababa, June 8, 2024 (FBC) – Ambassador Demeke Atnafu of Ethiopia to India met with Dr. Vishal Kalra, the Managing Director of India’s Designistic World Limited, to discuss potential investment opportunities in Ethiopia. During their meeting, Dr. Vishal Kalra presented Ambassador Demeke with four proposals, including for the manufacturing […]
Addis Ababa, June 7, 2024 (FBC) – Following the two-day forum which aimed to promote our Ethiopia’s investment opportunities and options, the Ethiopian Investment Commission arranged a visiting session for the Saudi High Level Investment Delegation at Debrezeit ALEMA KOUDIJS FEED factory. During the visit, the delegation from Saudi Arabia […]
Addis Ababa, June 6, 2024 (FBC) – Ethio-Engineering Group and Faresin Formwork, a leading Italian company specializing in formwork systems for the construction industry, have signed a 3 million euros contract agreement in Rome, Italy. This agreement will enable Ethio-Engineering Group to exclusively produce aluminum formwork within the country, thereby […]
Addis Ababa, June 6, 2024 (FBC) – CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), Aklilu Tadesse, received representatives of a Colombian Company, Conceptos Plasticos, at his office. The delegation of Conceptos Plasticos presented detailed explanation on their interest and strategy for their future engagement in Ethiopia. The delegation […]
Addis Ababa, June 5, 2024 (FBC) – Ethiopian and Singapore have reaffirmed their commitment to strengthening the longstanding bilateral relations between the two nations. The commitment was made during a meeting today between Mr. Ahmed Shide, Minister of Finance of Ethiopia, and Ms. Indranee Rajah, Minister in the Prime Minister’s […]
Addis Ababa, June 5, 2024 (FBC) – Ethiopia’s government has embarked on a comprehensive reform to create a business friendly environment, Minister of Planning and Development Fitsum Assefa underscored. Addressing the two-day Ethio-Saudi Arabia investment and trade forum which kicked off in Addis Ababa today, Fitsum stressed the visit of […]
Addis Ababa, June 5, 2024 (FBC) – The Ministry of Finance held a roundtable discussion on private sector development with the development partners group to deliberate on advancing private sector development as an extension of the Homegrown Economic Reform Agenda (HGER) 2.0. The roundtable discussion was a testament to Ethiopia’s […]
Addis Ababa, June 5, 2024 (FBC) – The Ethiopia-Saudi Trade and Investment Forum has started early this morning in Addis Ababa, Ethiopia. Recall that a high-level Saudi Arabian Investment and Trade delegation headed by President of the Federation of Saudi Arabian Chambers of Commerce, comprising 79 investors representing renowned companies […]