Addis Ababa, June 4, 2024 (FBC) – 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 and officials from Saudi Arabia’s Chamber of Commerce, arrived in Addis Ababa today. The delegation was welcomed […]
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Addis Ababa, June 4, 2024 (FBC) – Mr. Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia met and held a discussion with Kim Byoung-hwan, first Vice Minister of Economy and Finance of the Republic of Korea. During the discussion, Ahmed Shide highlighted the historic and deep-rooted […]
Addis Ababa, June 4, 2024 (FBC) – Phibela Industrial PLC’s electric car assembly plant in Debre-Berhan city, Amhara region, was officially inaugurated and began operations early this morning. The inaugural ceremony was attended by several notable guests, including the chief administrator of Amhara region, Mr. Arega Kebede, owner and CEO […]
Addis Ababa, June 2, 2024 (FBC) – Ethiopia is actively pursuing the diversification of ports with the aim of boosting its economy, Transport and Logistics State Minister Dange Boru said. The focus is on Ethiopia’s efforts to expand its options for maritime trade, which is seen as a strategy to […]
Addis Ababa, May 30, 2024 (FBC) – The Horn of Africa Initiative (HoAI) convened 21st ministerial meeting alongside the African Development Bank’s 2024 annual meetings at the Kenyatta international convention center in Nairobi. The meeting’s core agenda focused on the performance of the HoAI portfolio and the implementation of the […]
Addis Ababa, May 30, 2024 (FBC) – The Horn of Africa Initiative (HoAI) convened 21st ministerial meeting alongside the African Development Bank’s 2024 annual meetings at the Kenyatta international convention center in Nairobi. The meeting’s core agenda focused on the performance of the HoAI portfolio and the implementation of the […]
Addis Ababa, May 30, 2024 (FBC) – The Ethiopian Investment Commission (EIC) and the Sialkot Chamber of Commerce & Industry have signed a landmark Memorandum of Understanding (MOU) to establish consortium of companies in Ethiopia that are related to Sports Goods, Sports Wear, Leather Products, Surgical Instruments, Gloves, and Workwear. […]
Addis Ababa, May 30, 2024 (FBC) – Ethiopian Investment Commission (EIC) and Pakistan’s Sialkot Chamber of Commerce and Industry have signed a Memorandum of Understanding for the latter to produce export-standard sports apparel in Ethiopia. It is noted that this move is aimed at strengthening the economic ties between Ethiopia […]
Addis Ababa, May 29, 2024 (FBC) – Given Ethiopia’s substantial potential mineral resources, Pakistani trade and investment delegation members have expressed their readiness to develop connections and engage in the sector. The business and investment delegates’ comments were made during a visit to the Ministry of Mines and a meeting […]
Addis Ababa, May 28, 2024 (FBC) – Ethiopia received 3 billion USD in Foreign Direct Investment (FDI) in the first 10 months of the current fiscal year, Ethiopian Investment Commission remarked. Chief Commissioner of the Ethiopian Investment Commission (EIC) Ms. Hanna Arayasellasie said the commission has planned to attract 3.5 […]
Addis Ababa, May 28, 2024 (FBC) – The Ethiopia-Turkiye Business and Investment Forum was held on May 27 at MÜSİAD Headquarters in Istanbul with the presence of TR Deputy Minister of Commerce Mustafa Tuzcu and State Minister of Foreign Affairs of Ethiopia Ambassador Misganu Arega. At the forum, a business […]
Addis Ababa, May 28, 2024 (FBC) – The visiting business delegation of Pakistan to Ethiopia has toured the Bole Lemi Industrial Park in the capital, Addis Ababa. Ethiopian Ambassador to Pakistan, Jemal Beker accompanied the business delegation. CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), Aklilu Tadesse, received the […]