Addis Ababa, November 19, 2024 (FBC) – Officials from Qatar and Mauritania have shown keen interest to expand trade exchange and explore immense investment potentials from the rapidly transforming agriculture sector of the country. The World without Hunger conference convened in Addis Ababa from November 5-7, 2024 where Ethiopia used […]
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Addis Ababa, November 19, 2024 (FBC) – The 13th edition of International Conference on Pulses and Oilseeds had commenced in Addis Ababa, Ethiopia, Minister of Trade and Regional Integration, Mr. Kassahun Gofe (PhD) confirmed. The conference is being held at the Adwa Victory Memorial Hall, in the Ethiopian capital. In […]
Addis Ababa, November 19, 2024 (FBC) – China’s Jihua Group, a leading supplier of military clothing, shoes, hats, ammunition, and defense equipment to China’s defense sector, is ready to take advantage of the investment opportunities in Ethiopia’s military clothing, footwear, hats, and bulletproof vest industry. During their visit in Addis […]
ESX amasses 1.6 billion birr in subscribed capital Heads of the Ethiopian Securities Exchange (ESX) eye the listing of more than 90 businesses on their boards as the country’s maiden stock market nears inauguration, sources disclosed to The Reporter. If the ambitions hold true, the number of initial public offerings […]
A three-day summit last week set the stage to launch the long-awaited Ethiopian Securities Exchange (ESX), bringing together high-profile figures from the financial and policy spheres. Governor Mamo Mihretu of the National Bank of Ethiopia (NBE) accentuated the economic necessity of a vibrant capital market ecosystem. He declared the urgency […]
Addis Ababa, November 16, 2024 (FBC) – Ethio-Engineering Group, SG Automotive Group, and Mr. Luta Investments Group have entered into a tripartite Memorandum of Understanding to collaborate on the assembly of electric vehicles in Ethiopia and address technical matters. The agreement aims to expedite the transition to electric vehicles and […]
Addis Ababa, November 14, 2024 (FBC) – The China-Africa (Ethiopia) Economic and Trade Cooperation Forum has commenced in Addis Ababa with participation from a high-level Chinese delegation. In his opening speech, Minister of Finance, Mr. Ahmed Shide, highlighted the deepening of the relations between Ethiopia and China to a higher […]
Foreign Direct Investment (FDI) in Ethiopia has been a significant focus for the country’s economic development strategy. Ethiopia, as one of Africa’s fastest-growing economies, has been actively seeking to attract foreign investors to boost its industrialization efforts and infrastructure development. Current Trends and Developments: In summary, while Ethiopia offers promising […]
Addis Ababa, November 13, 2024 (FBC) — The Ethiopia-Russia Business Forum commenced today in Addis Ababa, under the theme “Russia: Ethiopia: Time Doesn’t Wait.” Ambassador Mesganu Arga, State Minister of Foreign Affairs; Zeleke Temesgen, Commissioner of the Ethiopian Investment Commission; Brook Taye, CEO of Ethiopian Investment Holdings; Evgeny Terekhin, Russian […]
Addis Ababa, November 12, 2024 (FBC) – An exhibition highlighting Ethiopian women exporters will take place in Nairobi, Kenya, on December 6, 2024, as part of the African Continental Free Trade Area (AfCFTA) initiative. Co-organized by the Center for Accelerated Women’s Economic Empowerment (CAWEE), the African Women’s Entrepreneurship Program’s (AWEP) […]
Addis Ababa, November 12, 2024 (FBC) – The Dire Dawa Free Trade Zone has officially begun full operations, according to the Industrial Parks Development Corporation (IPDC). Fisseha Yitagessu, CEO of IPDC, made the announcement during a visit with investors currently in the process of securing licenses from the Ethiopian Investment […]
Addis Ababa, November 11, 2024 (FBC) – In a landmark achievement, the Ethiopian Ministry of Agriculture announced Ethiopia’s inaugural shipment of vegetable products to Europe. Ethio Vegfru Plc. successfully embarked on transportation of Sugar snap peas and mangetout to the Netherlands today. The shipment, consisting of 12 tons of these […]