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Ethiopia-Djibouti Railway transports 3.4mln ton of import, export goods
Addis Ababa, June 18, 2021 (FBC) – Ethiopia-Djibouti standard gauge Railway has transported 3.4 Million ton of import and export commodities and goods over the last three years.
Director…
Expansion of 4G LTE Advanced Service accelerating socio-economic reforms: Ethio Telecom
Addis Ababa, June 15, 2021 (FBC) – Speaking at the launching of 4G LTE service in the South West Region, CEO of Ethio Telecom Frehiwot Tamru said expansion of the service is accelerating the…
Investors associations, forums briefed latest developments in Ethiopia
Addis Ababa, June 15, 2021 (FBC) – Ethiopian Investment Commission has briefed investors and associations and forums regarding the upcoming election and preparations to ensure peace and…
Government, WSB, SolarStone hold pre-investment meeting on solar power development in Somali region
Addis Ababa, June 14, 2021 (FBC) – A team of Officials and Experts from Ministry of Foreign Affairs, Ethiopian Electric Power and Investment Commission held pre-investment virtual meeting…
Preparations for partial privatization of Ethio Telecom completed
Addis Ababa, June 14, 2021 (FBC) – In a statement issued today, the Ministry of Finance and the Public Enterprises Holding and Administration Agency have announced the completion of a key…
SNNP Deputy Administrator lays cornerstone for $400mln Charcoal factory
Addis Ababa, June 14, 2021 (FBC) – Deputy Administrator of Southern Nations Nationalities and Peoples Region, Ristu Yirdaw together with the Minister of Ministry of Mines and Petroleum,…
Commercial Bank of Ethiopia Secures 2.4 Billion USD Remittance in Nine Months
Addis Ababa, June 13, 2021 (FBC) - The Commercial Bank of Ethiopia (CBE) has reportedly secured close to 2.4 billion USD remittance over the past nine months.
ENA quoted CBE Hawala…
Ministry collects 259bln Birr revenue in eleven months
Addis Ababa, June 12, 2021 (FBC) – Ministry of Revenue announced that it has managed to collect 259 Billion Birr in the last eleven months of the Ethiopian fiscal year.
The revenue…
Ethiopia creates 2.8mln new jobs in first three quarters of fiscal year
Addis Ababa, June 12, 2021 (FBC) – The National Job Creation Council appraised this fiscal year’s job performance of the country in the presence of senior government officials including…
Kenya, Ethiopia one-stop border post begins operations
Addis Ababa, June 10, 2021 (FBC) -The Moyale Border One Stop Border Post (OSBP), has commenced operations bringing together government border regulatory officials from Kenya and Ethiopia.…