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Ethiopian Electric Utility, Safaricom ink concrete pole lease agreement
Addis Ababa, March 21, 2022 (FBC) – Ethiopian Electric Utility and Safaricom Ethiopia have signed concrete pole lease agreement.
The agreement was signed by Shiferaw Telila, CEO of…
Ethiopia holds investment forum in Dubai to attract investors in agro-processing
Addis Ababa, March 17, 2022 (FBC) - A forum aimed to introduce opportunities in Ethiopia in Agro-processing to investors in the United Arab Emirates was held in Dubai on Wednesday.
Deputy…
Ethiopian Electric Power sign 5 years agreement to share a dark fiber-optic
Addis Ababa, March 11, 2022 (FBC) - Ethiopian Electric Power and Safaricom Ethiopia have signed a 5 years lease agreement to share dark fiber-optic infrastructure in the country.
Ashebir…
Ethiopian Airlines, IDIPO sign partnership agreement for Sea-Air-Modal transportation
Addis Ababa, March 9, 2022 (FBC) - Ethiopian Airlines signed a strategic partnership agreement to jointly commence “SAM” (Sea-Air-Modal) transportation with International Djibouti Industrial…
Glocare Pharma Manufacturing PLC inaugurates pharmaceutical factory at Kilinto IP
Addis Ababa, March 9, 2022 (FBC) - Glocare Pharma Manufacturing PLC has inaugurated its pharmaceuticals investment project at Kilinto Industrial Park.
The factory installed by Glocare…
Ethiopian Airlines and Boeing Sign Memorandum of Understanding for New 777-8 Freighter
Addis Ababa, March 5, 2022 (FBC) - The Memorandum of Understanding to order the 777-8 Freighter will enable Ethiopian Airlines to meet expanding global cargo demand from its hub in Addis…
Indian pharmaceutical companies delegation assessing investment opportunities in Ethiopia
Addis Ababa, March 4, 2022 (FBC) - An Indian delegation representing 47 pharmaceutical companies is in Ethiopia to assess investment opportunities in the country.
Delegation head Deepti…
Enormous preparations undertaken to make Ethiopia a chosen destination for int’l investors:…
Addis Ababa, March 2, 2022 (FBC) – High level Government officials briefed investors and company representatives from various corners of the world on flourishing opportunities in the…
Kenya, Ethiopia in talks over electricity imports from GERD
Kenya and Ethiopia have started talks on Nairobi’s plans to buy electricity from the Grand Ethiopian Renaissance Dam (GERD) that began generating power on Sunday. This is according to…
Wallonia Export, Investment Agency eyes pharmaceuticals, coffee export sectors in Ethiopia
Addis Ababa, February 24, 2022 (FBC) – Ambassador of Ethiopia to Belgium, Luxembourg and EU Institutions, Hirut Zemene met with Eric DE CLERCQ, Director Wallonia Export and Investment…