Addis Ababa, July 3, 2023 (FBC) – Ambassador of Ethiopia to Japan Daba Debele discussed with Mutsuo Iwai, Chairperson of the Board of Japan Tobacco International on Monday. Ambassador explained that Ethiopia’s Business potential and favorable business environments created following the new economic reforms. Mutsuo Iwai, on his part, stated […]
Opportunities
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Addis Ababa, July 1, 2023 (FBC) – The Livestock Development Institute said some 86 million US dollars have been earned in revenue from the exports of animal products during the past eleven months. Deputy Director General of the institute, Sahlu Mulu told ENA that the revenue has been gained by […]
Financial transactions conducted through Commercial Bank of Ethiopia’s (CBE) digital channels have surpassed those via tellers, accounting for 64 percent of the total as of June 17, 2023. Until mid-June, the bank had successfully completed 750 million transactions. Of these, almost two-third were conducted through digital systems, highlighting the bank’s […]
Addis Ababa, June 29, 2023 (FBC) – Beyene Gebremeskel, Deputy Head of Mission at the Ethiopian Embassy in London, held a meeting today with Karen Taylor, CEO of Invest Africa. On the occasion, Beyene emphasized the embassy’s desire to partner with Invest Africa to advance the promotion of Foreign Direct […]
Addis Ababa, June 27, 2023 (FBC) – Ethiopian Airlines Group has invested heavily on infrastructure, people and processes to enhance its special cargo and logistics handling capabilities throughout its network, the African Airlines Association (AFRAA) told the Ethiopian News Agency (ENA). AFRAA Secretary General, Abderahmane Berthe, appreciated the Ethiopian Airlines […]
Addis Ababa, June 26, 2023 (FBC) – The Director General of Ethiopian Coffee and Tea Authority Adugna Debela held a discussion with Shri Robert Shetkintong, the Ambassador of India to Ethiopia. In their discussion, the two dignitaries advised on the potentials where Ethiopia and India can work together in the […]
Addis Ababa, June 23, 2023 (FBC) – Ethio-Engineering Group (EEG) and YTO CAMACO, a Chinese agricultural machinery manufacturer have signed an agreement to build a tractor manufacturing plant in Modjo town. Upon completion, the plant will be capable of producing 50 tractors a day and more than 10,000 tractors a […]
Addis Ababa, June 23, 2023 (FBC) – Ethiopian Airlines Group, the fastest-growing airline brand globally and the continent’s largest airline brand, and the International Air Transport Association (IATA) signed an agreement on IATA CEIV Live Animals Certification Program on June 20, 2023 at the sidelines of IATA Focus Africa Conference […]
Addis Ababa, June 22, 2023 (FBC) – Belayneh Kinde Group electric vehicle assembly plant built in Debre Berhan city goes operational, the Group told FBC today. “The vehicle assembly plant has started assembling of electric passenger vehicles: minibus, mini coach bus and city bus,” Belayneh Kinde Group Communications Director Setegn […]
Addis Ababa, June 19, 2023 (FBC) – UK delegation led by the Minister of State at the Department for Business and Trade Nigel Huddleston has visited the Bole Lemi Industrial Park today. According the Industrial Parks Development Corporation (IPDC), the delegation is expected to hold discussions with IPDC leadership and […]
Addis Ababa, June 17, 2023 (FBC) – Wild Coffee Ethiopia, the Ethiopian emerging coffee company, wins the Africa Food Awards as one of the Rising star Company of the Year in Africa, in a ceremony held yesterday in Nairobi, Kenya. Present at the ceremony, Mr.Belay Gebre-Selassie, Minister for Economic Affairs […]
Addis Ababa, June 16, 2023 (FBC) – Ethio-Turkiye business and investment forum was held in the city of Samsun, Turkiye, the Ethiopian Embassy in Ankara confirmed. The forum has been attended by over seventy investors who expressed strong desire in exploring investment opportunities in Ethiopia. At the forum, Temesgen Tilahun, […]