Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Investment Commission (EIC) and Industrial Parks Development Corporation (IPDC) management jointly met with the Carvico Ethiopia P.L.C representatives, and reviewed the company’s investment status and challenges. According to the Ethiopian Investment Commission, Carvico Ethiopia is playing a significant role in creating […]
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Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Embassy in China co-hosted with China Cement Association a promotion event to promote cement industry in Ethiopia. The Ethiopian Investment Commission (EIC) and the Ministry of Mines and Petroleum (MoM) participated virtually and presented opportunities in mining sector in particular. The […]
Addis Ababa, November 15, 2022 (FBC) – The 11th international conference on oilseeds and cereal crops kicked off in Sheraton Hotel, Addis Ababa, with the presence of the FDRE President, Sahle-Work Zewde. Minister of Trade and Regional Integration Gebremeskel Chala, delivered an opening remark during the opening of the conference. In […]
Addis Ababa, November 14, 2022 (FBC) – The deputy director general of Korea International Cooperation Agency (KOICA) in Ethiopia, Shinyang Lee, stated that they will work in cooperation with the Ethiopian Ministry of Trade and Regional Integration and other stakeholders to increase Ethiopia’s exports. Shinyang Lee said that the primary […]
Addis Ababa, November 13, 2022 (FBC) – The Amhara region president, Yilkal Kefale, inaugurated Unison Food Oil Plant, built at a cost of 1.5 billion birr in Bahir Dar city. The food oil plant has officially commenced production following its inauguration. The inauguration ceremony was attended by other senior regional […]
Addis Ababa, November 6, 2022 (FBC) – Ethiopian Airlines Group has signed a renewed agreement with Travelport International Operations to distribute Travelport+, the world’s leading distribution system, and other related products of Travelport in Ethiopia until end of 2026. Ethiopian Airlines and Travelport International Operations Ltd. have been working together […]
Following Ethiopia’s decision to open its financial sector to foreign investors, the Commercial Bank of Kenya expressed its interest in engaging in the country’s financial sector. A delegation of the Bank’s senior officials visited the Ethiopian Investment Commission (EIC). The delegation commended the Ethiopian government’s recent decision to open up […]
Addis Ababa, October 14, 2022 (FBC) – The Transport and Logistics Minister Dagmawit Moges along with other officials has inaugurated the export packaging facility built at Modjo Logistics Dry Port particularly for apparel and textile products. The packaging facility is said to be a key component for the dry port […]
Addis Ababa, October 18, 2022 (FBC) – Africa Bamboo PLC is going to setup a factory at Hawassa Industrial Park, according to Ethiopian Industrial Parks Development Corporation (IPDC). CEO of IPDC, Sandokan Debebe said in a tweet that the Africa Bamboo PLC will manufacture wall cladding and indoor flooring from […]
Addis Ababa, October 14, 2022 (FBC) – A.P. Møller – Mærsk and its Ethiopian partner, Freights International (PABOMI), announced the opening of a consolidation center at Modjo Dry Port in Ethiopia. According to the Danish carrier, the new multi-purpose facility is expected to help to simplify and optimize apparel and […]
Addis Ababa, October 10, 2022 (FBC) – Ethiopian Electric Power announced that it has earned more than 13 million USD from electric power export to Sudan and Djibouti in the last 2 months. According to Sales and Customer Manager of EEP’s Marketing & Business Development Department, Minilik Getahun, EEP exported […]
Addis Ababa, October 6, 2022 (FBC) – Safaricom Ethiopia has today switched on its mobile telecommunications network and services in Addis Ababa. Safaricom Ethiopia is also holding a ceremony today to mark its national launch. The Ethiopian government launched Digital Ethiopia 2025 to help the country realise its digital potential […]