Addis Ababa, January 8, 2025 (FMC) – The representatives of the Ethiopian business community are anticipated to visit Saudi Arabia next week and explore opportunities in order to strengthen economic relations between the two countries. Ethiopian Ambassador to Saudi Arabia, Muktar Kedir conferred with Vice Minister of Foreign Affairs Vice […]
Opportunities
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Ethiopia is on the verge of becoming a member of the World Trade Organization (WTO), but officials are warning that illicit trade practices could pose significant challenges to this goal. As the country prepares for its fifth round of international trade negotiations in Geneva, scheduled to take place in less […]
One question that 2025 may begin to answer is whether the BRICS (Brazil, Russia, India, China, South Africa) is becoming the new centre of power in world politics. Now that the group has added new members (Egypt, Ethiopia, Iran, and the United Arab Emirates) and come to represent 45pc of […]
Addis Ababa, January 4, 2025 (FMC) – A meeting between Fiseha Yitagesu (PhD), CEO of the Industrial Parks Development Corporation, and Hua Rong Zhang, CEO of Huajian Ethiopia, explored possibilities for future partnerships in the investment sector. During the discussion, CEO of Huajian Ethiopia expressed interest of the company to […]
Addis Ababa, January 3, 2025 (FMC) — Ambassador of Ethiopia to India, Fesseha Shawel, conferred with Mr. Sanjay Aggarwal, Managing Director of IndoGulf Cropsciences Limited, on the possibility of manufacturing agrochemicals and fertilizers in Ethiopia. While the company was already engaged in the export of agrochemicals to Ethiopia, the Ambassador […]
Addis Ababa, January 2, 2025 (FMC) – Ethiopia’s Ministry of Trade and Regional Integration (MoTRI) has announced that over 216 million USD has been earned from the export of horticulture sector in the past five months of the 2024/25 fiscal year. Following a 5 month performance review meeting, the ministry […]
Introduction Ethiopia, a country known for its rich history and diverse cultures, has recently emerged as a focal point for real estate investment. With rapid economic growth and urbanization, the real estate sector presents numerous opportunities for both local and international investors. This article explores the factors driving real estate […]
Addis Ababa, December 10, 2024 (FMC) – Hoatzin Investments Ltd, a company engaged in rare earth metals and green energy conversion and value enhancement, has expressed its keen desire to set up its state-of-the-art green refining industrial plant in Ethiopia, the Ethiopian Embassy in Nairobi revealed today. The Embassy shared […]
Addis Ababa, December 9, 2024 (FMC) – A high-level business delegation from the Czech Republic, comprised of government officials and investors, recently visited the Bole Lemi and Kilinto special economic zones in Ethiopia. The delegation is actively exploring opportunities in sectors such as car assembly, medical equipment manufacturing, trade, and […]
Addis Ababa, December 9, 2024 (FMC) – Ethiopia’s State Minister at the Ministry of Foreign Affairs, Ambassador Birtukan Ayano, has invited the Czech Republic firms to take advantage of the opportunities presented by her country’s recent macroeconomic reforms. The state minister extended the call to Czechia companies during an Ethiopia-Czech […]
Addis Ababa, December 9, 2024 (FMC) – Investors engaged in the Bahir Dar Industrial Park are contributing to the country’s economic growth by generating foreign exchange and producing import substitution products. The General Manager of the Bahir Dar Branch of the Industrial Parks Development Corporation, Ms. Truye Qumie, said many […]
The government aims to enhance financing options that attract private sector participation beyond traditional banking institutions, despite its commitment to avoid using direct advances (DA) to address the budget deficit. In an effort to access the DA, a legacy public debt contributing significantly to inflation, the government has opted to […]