Addis Ababa, October 5, 2022 (FBC) – Ethiopian Investment Holdings has reached an agreement with Africa’s leading global logistics gateway, Tanger Med Special Agency (TMSA), to renovate the Qality inland port and upgrade it into logistics center. Last week, a delegation led by Ethiopia Investment Holdings CEO, Mamo Mehretu, and […]
Opportunities
703 posts
Addis Ababa, October 5, 2022 (FBC) – Kanoria Africa Textile PLC is the first fully integrated textile factory that uses Ethiopian cotton to produce Denim fabric and jeans garments. Established in 2015 on 15.3 hectares of land, having a zero liquid discharge treatment plant, the company also created over 1230 […]
Addis Ababa, October 3, 2022 (FBC) – The Istanbul Free Industry and Trade Zone has expressed interest to collaborate with its counterpart in Ethiopia, Dire Dawa Free Trade Zone. An Ethiopian delegation comprising leadership and experts of several public institutions has visited the Istanbul Free Industrial and Trade Zone in […]
Addis Ababa, September 29, 2022 (FBC) – PCE Venture Manufacturing has inaugurated a 1 billion USD leather factory in Addis Industrial Park in the presence of senior government officials including the Industry Minister Melaku Alebel. PCE Venture Manufacturing has previously created employment opportunities to more than 180 young men and […]
Addis Ababa, September 29, 2022 (FBC) – Ethiopian Investment Holdings (EIH) and Tanger Med Special Agency (TMSA) signed a Memorandum of Understanding on areas of cooperation and investment in logistics. The MoU includes the execution of feasibility by TMSA and Ethiopian Shipping and Logistics Services Enterprise (ESLSE) to partner investing, upgrade facilities […]
Addis Ababa, September 26, 2022 (FBC) – Ethiotelecom has introduced a new three-year growth strategy called “LEAD”. The company’s CEO Frehiwot Tamru, highlighted the implementation of BRIDGE strategy in the last three fiscal years and introduced the new strategy named LEAD. In the last 3 years, BRIDGE has laid a […]
Addis Ababa, September 25, 2022 (FBC) – Alibaba, one of the largest e-Commerce companies in the world, held a discussion with Ethiopian foreign trade stakeholders on the ways of offering export products to the international market, which was organized by the Embassy in Beijing. Including the Ethiopian Ministry of Trade […]
Addis Ababa, September 20, 2022 (FBC) – Minister of Mines and Petroleum Ministry of Ethiopia, Takele Uma received Prince Mohammed Abass Ben Ali Ben Nayef of Jordan at his office on Monday. Minister Takele Uma and Prince Abass Ben Ali Ben Nayef have discussed investment opportunities on the development of […]
Addis Ababa, September 18, 2022 (FBC) – Ethiopian Cargo & Logistics Services, the largest air cargo network operator in Africa, has been crowned with ‘Cargo Airline of The Year’ and ‘Best Cargo Arline – Africa’ at the Air Cargo News Awards 2022. In a ceremony held in London, Ethiopian has […]
Addis Ababa, September 16, 2022 (FBC) – Improved Environmental, Social and Governance (ESG) practices – next to price and quality of products – are key success factors for competitive textile and apparel industries in Ethiopia, said Ministry of Industry-Ethiopia. The international conference on triangular cooperation to promote sustainable textile investments and […]
Addis Ababa, September 16, 2022 (FBC) – Ethiopian Ministry of Finance has announced the implementation of a tax reform that encourages industries and importers engaged in electric vehicle investment, and benefits the society in general. As a result of the tax reform, the Ministry confirmed that imported and domestically manufactured […]
Addis Ababa, September 16, 2022 (FBC) – Ethiopian Airlines becomes technical partner and core investor of Nigeria Air, as it has been selected by the Nigerian government, further boosting the robust relationship between the airline and Nigeria’s Aviation. Ethiopian Airlines, which is unarguably the best-managed airline in Africa and the […]