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Ethiopian-DHL, AeTrade Group agree to transport historical parcels under AfCFTA
Addis Ababa, January 2, 2021(FBC)-Ethiopian Airlines (Ethiopian)-DHL and African Electronic Trade (AeTrade) Group announced partnership to transport historical parcels in the African…
Ethiopia and China hold business cooperation seminar
Addis Ababa, December 31, 2020 (FBC) - Ethiopia and China held a business cooperation seminar on Tuesday in Guangzhou, South China’s Guangdong Province.
Held under the theme:…
Malting plant Boortmalt Ethiopia starts production
Addis Ababa, December, 2020 (FBC) –A malting plant built with 2.8 billion birr in Debre Birhan, about 100 km from Addis Ababa, has started production today.
Built by French investors,…
Ministry praises Ethiopian for outstanding performance amid COVID
Addis Ababa, December 30, 2020 (FBC) – The Ministry of Finance has commended the Ethiopian Airlines (Ethiopian) for its outstanding performance and applying strategies that were useful in…
National Bank resumes changing old banknotes in Tigray
Addis Ababa, December 30, 2020 (FBC) –The National Bank of Ethiopia (NBE) has resumed changing old banknotes with the new ones in Tigray regional state.
The bank suspended changing the…
Ministry eyes improving mineral export
Addis Ababa, December 29, 2020 (FBC) –The Minister of Mines and Petroleum, Engr Takele Uma said focusing on national demand and improving exports is a priority for the government.…
KUMTEL opens Ethiopian coffee house in Istanbul
Addis Ababa, December 29, 2020 (FBC) -The renowned Turkish company KUMTEL has opened an Ethiopian coffee house with its own packaging facility in Istanbul, Turkey.
KUMTEL is currently…
Hawassa to get 1.7bn birr edible oil plant
Addis Ababa, December 27, 2020 (FBC) –A cornerstone has been laid for an edible oil plant to be built at a cost of 1.7 billion birr in Hawassa city, Sidama regional state.
The…
Authority rolls out coffee contract administration software
Addis Ababa, December 26, 2020 (FBC) – Ethiopian Coffee and Tea Authority has officially launched a Coffee Contract Administration Software with a view to transform the transaction system.…
Ethiopia earns over $1.3bn from exports
Addis Ababa, December 23, 2020 (FBC)-Ethiopia has earned $1.33 billion from exports during the past five months, attaining 94% of the $1.41 billion target.
The revenue increased by $224.5…