Addis Ababa, June 15, 2023 (FBC) – Ethiopian Airlines announced that it has earned US$6.1 billion in the current fiscal year. Chief Executive Office of Ethiopian, Mesfin Tasew, said that the national carrier transported 13.7 million passengers in the current fiscal year. Apart from resuming flights to destinations that were […]
Opportunities
703 posts
Addis Ababa, June 14, 2023 (FBC) – There are currently around 150 Italian companies operating in Ethiopia, and that number is expected to grow in the coming years, the head of the Italian Trade Agency (ITA) in Ethiopia, Riccardo Zucconi, said in an interview with Ethiopian News Agency (ENA). According […]
Addis Ababa, June 13, 2023 (FBC) – Ethiopia racked up more than 1.1 billion USD from 210 thousand tons of coffee exported in the last 11 months, according to the Ethiopian Coffee and Tea Authority. Though the produces presented to the foreign market and the earned income has relatively decreased […]
Protracted war casts a dark cloud over industrial parks A bustling crowd of Adama Industrial Park employees made their way to the Commercial Bank of Ethiopia (CBE) branch inside the park’s immaculate and meticulously maintained compound on May 2, 2023. Even though their monthly salary ranges from 1,500 to 8,000 […]
Addis Ababa, June 12, 2023 (FBC) – Ethiopian Ambassador Extraordinary & Plenipotentiary to Japan Daba Debele met today with Marubeni Corporation Representatives at the Embassy to discuss issues pertaining to trade and Foreign Direct Investment in Ethiopia. During the discussions, Ambassador Daba made extensive explanations about huge business potentials and […]
Addis Ababa, June 12, 2023 (FBC) – BIO-key International, Inc. (NASDAQ: BKYI) today announced a partnership with Savvy Information Technology to bring BIO-key solutions to customers in Ethiopia. It is stated that the Savvy partnership expands the global reach of BIO-key’s Channel Alliance Partner (CAP) within Ethiopia, Africa’s second most […]
Addis Ababa, June 11, 2023 (FBC) – The Ethiopian Embassy in Tokyo in cooperation with the United Nations Industrial Development Organization (UNIDO)’s Investment and Technology Promotion Office (ITPO) will co-organize Ethiopian Investment Seminar at the United Nations University in Tokyo on June 27, 2023, according to UNIDO Office in Japan. […]
Addis Ababa, June 9, 2023 (FBC) – The Ethiopian Electric Power (EP) announced an income worth 83 million US dollars from export of electricity to neighboring countries during the past 10 months. Moges Mekonnen, Communications Director of EP, stated that during the past 10 months, more than 14 billion ETB […]
Addis Ababa, June 8, 2023 (FBC) – Ethiopian Ambassador to Turkiye, Adem Mohammed had a discussion with Turkish investors from various sectors and gave a briefing on the Trade and Investment opportunities in Ethiopia. Consequently, the investors expressed their interest to invest in Ethiopia in construction, agriculture and energy sectors. […]
Addis Ababa, June 8, 2023 (FBC) – Ethiopia’s Ambassador Extraordinary and Plenipotentiary to Germany, Fikadu Beyene, conferred with Ms. Claudia Voß, Managing Director of the German-African Business Association (AV). During the discussion, Ambassador Fikadu thanked the German-African Business Association for their multifaceted activities to increase the bilateral cooperation between Germany […]
Addis Ababa, June 8, 2023 (FBC) – Ambassador Tefera Derbew, Ambassador Extraordinary and Plenipotentiary of the Federal Democratic Republic of Ethiopia to the People’s Republic of China has met and discussed with Zhiling Wei, Senior Vice President of Geely Holding Group on ways of investing in Ethiopia. During the meeting […]
Addis Ababa, May 15, 2023 (FBC) – Ambassador, Ambassador Extraordinary and Plenipotentiary of Ethiopia to China, Tefera Derbew had a fruitful discussion with Li Mingquan, Deputy Director General of the Foreign Affairs Office of Chongqing Municipality. During the discussion, Ambassador Tefera stated that Ethiopia-China partnership and cooperation has been one […]