Addis Ababa, September 15, 2022 (FBC) – Industrial Parks Development Corporation –Ethiopia (IPDC) and Safaricom Ethiopia signed an investment agreement worth of $60 million in the ICT Park, Addis Ababa. According to a statement from IPDC, the agreement grants Safaricom Ethiopia to invest $60,000,000 to modernize the telecommunications sector in […]
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Addis Ababa, September 14, 2022 (FBC) – The Ethiopian Shipping and Logistics Services Enterprise (ESLSE) vessel sets a new record on containerized cargo shipment to Berbera Port. ESLSE’s vessels commenced regular scheduled liner service at the Berbera Port, Somaliland since July 2021. The the dock of this vessel is the […]
Addis Ababa, September 11, 2022 (FBC) Ethiopian Airlines, one of the world’s leading airlines, stroke a deal with the Zimbabwe Tourism Authority (ZTA) and became strategic alliance of the Authority for its Sanganai/Hlanganani World Tourism Expo. The Airline became the official carrier for ZTA’s international buyers and journalists who will […]
Addis Ababa, August 30, 2022 (FBC) – A kilogram of Ethiopia’s finest coffee has sold for a staggering 884 USD at auction. The winning coffees of the third Ethiopian Cup of Excellence competition on Saturday went under the hammer in the Alliance for Coffee Excellence auction this week. The coffee […]
Addis Ababa, August 26, 2022 (FBC) – The Ministry of Mines and Petroleum received the first gas reserves certificate as a study to verify extent of oil and natural gas reserves in Ethiopia completed. Minister of Mines and Petroleum, Takele Uma received the certificate from the American company Netherland, Sewell […]
Addis Ababa, August 26, 2022 (FBC) – Ethiopia is aiming to export fruits including bananas, avocados and mangoes as well as meat products to China, according to Ethiopia’s ambassador to China, Teshome Toga. He said Ethiopia had benefited from Chinese investment as a result of being part of the country’s […]
Addis Ababa, August 25, 2022 (FBC) – In a press conference, CEO of Industrial Parks Development Corporation, Sandokan Debebe stated that the institution earned more than 1.2 billion birr during the past Ethiopian fiscal year. The corporation has withstood various challenges through implementation of effective institutional reform tools to achieve […]
Addis Ababa, August 20, 2022 (FBC) – The automotive assembly plant, built by EL Auto Engineering and Trading PLC, with more than 700 million ETB, has been inaugurated at the Dire-Dawa Free Trade Zone. “Similar projects should be strengthened in other parts of the country as part of the journey […]
Addis Ababa, August 5, 2022 (FBC) – Ethiopian Embassy in Beijing participated on the 9th China International E-commerce Exhibition held in Hangzhou city, the capital of Zhejiang Province, from 3 – 5 August 2022. During the opening ceremony, Ambassador Dawano Kedir – who is the Deputy Head of Mission, highlighted […]
Addis Ababa, August 1, 2022 (FBC) – Ethiopia participated in the Coffee Tasting Program organized by the International Trade Centre /ITC/ in Geneva, Switzerland. Zenebe Kebede KORCHO, Ambassador, Extraordinary, Plenipotentiary and Permanent Representative of the Permanent Mission of the Federal Democratic Republic of Ethiopia to the United Nations Office and […]
Addis Ababa, August 1, 2022 (FBC) – State Minister of the Ministry of Finance, Semereta Sewasew stated that climate resilient tech support from African Development Bank (AfDB) through Technologies for African Agricultural Transformation (TAAT) Program is enabling Ethiopia to transform its productivity in the agriculture sector particularly in the lowland […]
Ethio telecom eyes Djibouti’s telecom market, to make its first oversees service to the bordering state owned telecom company.“Based on the re-amendment of the Ethio telecom establishment proclamation, we have been working to figure out priority areas to expand our business outside of Ethiopia and to stay competitive,” said Frehiwot […]