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Ethiopia announces revised customs duty, tax mannual over import substitution drive
Addis Ababa, August 6, 2021 (FBC) - The government of Ethiopia has annouced a revised customs duty and tax mannual in line with the activities being carried out to substitue imported goods…
Ethiopia, China explore ways to enhance investment ties
Addis Ababa, August 6, 2021 (FBC) - Ethiopian Investment Commissioner, Lesise Neme and China’s Minister Consular for Economic and Commercial affairs, Yang Yi Hand have explored ways to…
Sudan requests purchase of 1,000 MW electric power
Addis Ababa, August 5, 2021 (FBC) – The Ethiopian Electric Power (EEP) said Sudan has asked to purchase 1,000 megawatts of electricity from Ethiopia.
EEP Corporate Planning Executive…
Ethiopia, Algeria establish business council
Addis Ababa, August 3, 2021 (FBC) – Ethiopian Chamber of Commerce and Sectoral Association and the Algerian Chamber of Commerce and Industry have signed an MoU that establishes…
Ethiopia, Thailand discuss investment opportunities
Addis Ababa, August 3, 2021 (FBC) –Commissioner of the Ethiopian Investment Commission, Lelise Neme, today met with Thailand’s Ambassador to Ethiopia, Sasirit Tangulrat.
During the…
Ethiopian refutes all recent baseless, unfounded allegations
Addis Ababa, August 1, 2021 (FBC) -Ethiopian Airlines (Ethiopian) strongly refuted all the recent baseless and unfounded allegations by some individuals regarding the airlines’ involvement…
China’s GCL plans Ethiopian ammonia plant, hydrogen facilities
Addis Ababa, July 29, 2021 (FBC) - Chinese solar panel maker GCL Group plans a plant in Ethiopia to make ammonia using the natural gas produced from fields it has been developing under a…
Ethiopia, Switzerland sign double tax avoidance agreement
Addis Ababa, July 29, 2021 (FBC) – Ethiopia and Switzerland have signed a double tax avoidance agreement.
The agreement came after three-rounds of talk between governments of the two…
Kilitch Drugs starts production of Cephalosporin Injectables at Ethiopia Plant
Addis Ababa, July 26, 2021 (FBC) - Kilitch Drugs India Ltd had started its Greenfield project in Ethiopia in 2018 to build a world-class Injectable plant.
As a leading manufacturer of…
Industry park employees saving and loan scheme launched
Addis Ababa, July 26, 2021 (FBC) – An Industry Park Employees Saving and Loan Integrated Scheme entitled “Tatari” has been launched in Hawassa city.
The scheme is aimed to increase…