Addis Ababa, December 6, 2024*(FBC) — The first of its kind exhibition of Ethiopian women exporters trade fairs and exhibitions kicks off on 6 December 2024 at the Embassy premises under the framework of the African Continental Free Trade Area (AfCFTA). During the event, Gen. Bacha Debele, Ambassador Extraordinary and […]
Opportunities
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Addis Ababa, December 5, 2024 (FBC) – The Ethiopian Investment Commission highlighted the country’s promising investment prospects to German and African investors during the 5th German African Business Summit (GABS) held in Nairobi, Kenya from December 2-4, 2024. Senior Advisors from the Commission presented various investment avenues and discussed the […]
Addis Ababa, December 5, 2024 (FBC) – Ethiopia’s State Minister of Foreign Affairs, Ambassador Mesganu Arga, met with Saudi Arabian investors in Riyadh to discuss investment opportunities in the east African country. Ambassador Mesganu highlighted Ethiopia’s recent economic reforms aimed at fostering foreign trade and investment. He emphasized that these […]
Addis Ababa, December 4, 2024 (FBC) – An Ethiopian delegation led by Ambassador Mesganu Arga, State Minister of Foreign Affairs, held discussions in Riyadh, Saudi Arabia, with Mr. Hassan Bin Mujab Al-Huwaizi, President of the Federation of Saudi Chambers of Commerce, and Mr. Mohammad Alabduljabar, Acting Governor of the General […]
Addis Ababa, December 3, 2024 (FBC) – The Ethiopian Investment Commission (FBC) promoted 10 of the 13 industrial parks managed by Industrial Parks Development Corporation (IPDC) into Special Economic Zones, the Corporation disclosed today. In a letter communicated to IPDC, the Commission indicated that IPDC has been accorded the status […]
As the US Senate deliberates the AGOA Renewal and Improvement Act of 2024, extending the African Growth and Opportunity Act (AGOA) until 2041, the Pan-African Chamber of Commerce and Industry (PACCI) has raised critical concerns. While the 16-year extension offers stability for Africa-US trade relations, PACCI emphasizes the need for […]
Addis Ababa, December 1, 2024 (FBC) – The Dire Dawa Free Trade Zone of Ethiopia has officially entered into a cooperation agreement with Azerbaijan’s Alat Free Trade Zone. This collaboration was established during a recent visit by a delegation of senior Ethiopian government officials to the Alat Free Economic Zone […]
On Nov 29, 2024 233 Addis Ababa, Ethiopia – Adugna Debela (PhD), Director General of the Ethiopian Coffee and Tea Authority, emphasized the critical role of agriculture in Africa’s economy and the significant potential of the continent’s coffee sector. Adugna highlighted that African coffee production contributes around 12% of global […]
Addis Ababa, November 25, 2024 (FBC) – Eskindir Yirga, Ethiopia’s Ambassador met with Mr. Urs Unkauf, Federal Managing Director at the Federal Association for Economic Development and Foreign Trade (BWA) of Germany. The discussions between the two sides focused on strengthening collaboration between the Embassy and BWA in promoting the […]
Addis Ababa, November 25, 2024 (FBC) – Ethiopian industrial parks have become a focal point for Chinese investors, as highlighted by Yang Yihang, Economic and Commerce Minister Counselor at the Chinese Embassy in Addis Ababa. In a meeting with Fiseha Yitagesu, CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), […]
Addis Ababa, November 24, 2024 (FBC) – Ethiopia is scaling up efforts for the successful implementation of the African Continental Free Trade Area (AfCFTA) agreement, State Minister of Trade and Regional Integration, Yasmin Wohabrebbi stated. Yasmin noted that the ongoing Ethiopia’s macroeconomic reform in particular, is creating an enabling environment […]
Addis Ababa, November 2024 (FBC) – The Korangi Association of Trade and Industry (KATI) on Wednesday shown keen interest in visiting the Federal Democratic Republic of Ethiopia (FDRE) to explore business, trade and investment opportunities in diverse sectors of its growing economy, the Ethiopian Embassy in Islamabad confirmed in a […]