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EEP eyes over $300 million income from export of power
Addis Ababa, August 21, 2024 (FBC) - Ethiopian Electric Power (EEP) has announced that it is planning to earn over 300 million US dollars by expanding access to the sale of power to other…
Ethiopian announces additional passenger flight to India’s Chennai
Addis Ababa, August 20, 2024 (FBC) – Ethiopian Airlines, the largest African carrier, today announced it will increase its weekly passenger flight to Chennai, Tamil Nadu, India.
In a…
Permanent Export Trade Exhibition Center to be inaugurated in Addis Ababa – MoTRI
Addis Ababa, August 20, 2024 (FBC) – Ethiopia’s Ministry of Trade and Regional Integration (MoTRI) announced that it is set to inaugurate a Permanent Export Trade Exhibition Center inside…
Ethiopia, India explore agricultural export opportunities, unveil joint market study report
Addis Ababa, August 19, 2024 (FBC) – The Embassy of India in Addis Ababa in partnership with the Ministry of Agriculture of Ethiopia unveiled a report on market study on Export Opportunities…
Banks in Ethiopia laud FX reform as key driver for financial sector growth
Addis Ababa, August 19, 2024 (FBC) - The National Bank of Ethiopia's foreign exchange (FX) administration reform, implemented as part of the broader macroeconomic reforms, has significantly…
Ethio telecom rolls out Ethiopia’s first-ever wallet-based Virtual Visa Card
Addis Ababa, August 19, 2024 (FBC) – In its strong aspiration to go beyond basic connectivity services, Ethio telecom launched new international digital money transfer services in…
AACCSA says macroeconomic reforms help tackle private sector challenges
Addis Ababa, August 18, 2024 (FBC) - In addition to promoting economic stability and fostering growth, the recent macroeconomic reforms are poised to significantly address the challenges…
Equb Financial Technologies ink partnership with Awash bank S.C. to promote digital saving in…
Addis Ababa, August 17, 2024 (FBC) – Equb Financial Technologies has signed a partnership agreement with Awash Bank S.C. to promote digital saving services in Ethiopia.
Equb Financial…
UNCTAD lauds Ethiopia’s ongoing macroeconomic reform policy as positive move
Addis Ababa, August 17, 2024 (FBC) – Ethiopia’s macroeconomic reform policy is a very positive move in strengthening the whole economic environment and building the confidence of investors,…
Ethiopia’s macroeconomic reform augments export: Business Community
Addis Ababa, August 17, 2024 (FBC) – The recent macroeconomic reform will significantly enhance the competitiveness of export and the growth of the horticultural industry, according to…