Addis Ababa, May 9, 2025 (FMC) — The engagement of private sector could play a critical role for Ethiopia’s optimum gains from the African Continental Free Trade Area (AfCFTA), according to Ministry of Trade and Regional Integration. State Minister Yasmine Wehabrebi told local news agency ENA that the preparatory work […]
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Addis Ababa, May 7, 2025 (FMC) — Ethiopia’s Minister of Industry, Mr. Melaku Alebel, revealed that the “Made in Ethiopia Expo 2025” has successfully created market linkages valued at over 4 billion birr. Speaking at the closing ceremony of the third “Made in Ethiopia Expo,” the Minister emphasized that domestic […]
Addis Ababa, May 6, 2025 (FMC) – Ethiopia is advancing its manufacturing sector through increased investment opportunities, expanded market access, and enhanced capital financing mechanisms. These efforts were prominently showcased at the third ‘Made in Ethiopia’ Expo held in Addis Ababa, where government officials and industry leaders gathered to review […]
Addis Ababa, May 4, 2025 (FMC) — The remarkable achievement registered in most of Ethiopia’s export products has shown the need of undertaking the comprehensive macroeconomic reform, Minister of Industry Melaku Alebel said. The “Made in Ethiopia 2025” Expo, officially launched yesterday in the presence of Prime Minister Abiy Ahmed, […]
Ethio telecom has introduced a series of groundbreaking digital solutions aimed at modernizing and enhancing various sectors in Ethiopia. The company’s latest offerings include a digital cattle tracking system, cloud-based services for enterprise customers, a Tele PTT/V solution for businesses, a core banking solution for microfinance institutions, a learning management […]
Addis Ababa, March 3, 2025 (FMC) – The Japan External Trade Organization (JETRO) has pledged to actively support the promotion of investment opportunities in Ethiopia, aiming to encourage Japanese companies and investors to explore the country’s growing sectors. This commitment was made public after a meeting between Mr. Fisseha Yitagesu, […]
Central bank regulators are working on a directive that would govern licensing procedures for banks looking to open branches inside Special Economic Zones (SEZs). The ‘Licensing and supervision of banking business requirements for licensing a bank branch to operate in SEZs’ directive will require banks to ensure SEZ branches provide […]
Addis Ababa, March 1, 2025 (FMC} — An Ethiopian Investment Promotion Forum was held in Brasilia, the capital of Brazil, and the event was graced by the East African nation’s State Minister for Foreign Affairs, Ambassador Mesganu Arga. On the occasion, the State Minister highlighted Ethiopia’s priority areas in agro-processing, […]
Addis Ababa, February 27, 2025 (FMC) — The Japanese company Toyo Solar, which has invested $60 million in the Hawassa Special Economic Zone to produce various solar panels, has completed the installation of machinery and has begun pilot production. The CEO of the Industrial Parks Development Corporation of Ethiopia (IPDC), […]
Addis Ababa, February 25, 2025 (FMC) — An Ethio-Jiangsu (China) Economic and Trade Cooperation Conference opened at Adwa Victory Memorial Museum, later today. On the occasion, Ambassador Negus Kebede, the Director-General of Middle East, Asia, and Pacific Countries Affairs of the Ministry of Foreign Affairs, noted that several Chinese companies […]
Addis Ababa, February 25, 2025 (FMC) – A Chinese delegation from Jiangsu province met with the senior officials of Ethiopian Investment Commission (EIC) to enhance Ethiopia-China investment cooperation. On the occasion, Zeleke Temegen (PhD) highlighted China’s vital role in Ethiopia’s development, emphasizing the government’s commitment to a favorable investment climate. […]
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 […]