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Giant Canadian mining, agro-processing companies to invest in Ethiopia
Addis Ababa, January 24, 2024 (FBC) - Giant Canadian companies with significant potential in the mining and agro- processing industries are currently making preparations to invest in…
Over 2.6bn ETB obtained in 6 months from electric power export: EEP
Addis Ababa, January 24, 2024 (FBC) – In the first half of the current Ethiopian fiscal year, Ethiopian Electric Power (EEP) revealed that it has amassed a sum of 12 billion 848 million 139…
Ethiopia remains a key player in African economic prosperity
Addis Ababa, January 23, 2024 (FBC) – The Ministry of Foreign Affairs said Ethiopia has been playing a major role in realizing trade ties by playing a leading role in the implementation of…
Over $14mln obtained from export of soybean by-products: MoTRI
Addis Ababa, January 23, 2024 (FBC) – The Ethiopian Ministry of Trade and Regional Integration (MoTRI) today confirmed that 14.19 million USD was obtained from the export of soybean…
Ethio telecom posts 26 percent annual revenue increase
Addis Ababa, January 23, 2024 (FBC) – In the face of increasing competitive pressures, Ethiopia’s state-owned telecommunications provider, Ethio telecom, has successfully overcome foreign…
MoFA State Minister confers with Chinese business delegation
Addis Ababa, January 23, 2024 (FBC) – Minister of State for Political and Economic Diplomacy at the Ministry of Foreign Affairs, Ambassador Mesganu Arga, earlier today met with a Chinese…
Donors renew commitment to supporting economic reform, transformation of Ethiopia
Addis Ababa, January 19, 2024 (FBC) – During the Partnership Council (PC) Meeting for the Ethiopia Economic Reform Multi-Donor Trust Fund (MDTF), the Donors reaffirmed their commitment to…
Indian firm to start agro-processing with $5mln investment capital in Ethiopia
Addis Ababa, January 18, 2024 (FBC) – An Indian based Nirvana processing Company is finalizing preparations to commence the Agro food processing at Bahir Dar Industrial park in Ethiopia with…
Ethio-Djibouti Railway board, shareholders meeting held
Addis Ababa, January 18, 2024 (FBC) – The Ethio-Djibouti Railway Board and Shareholders convened in the city of Djibouti today to discuss the comprehensive Six-year Report and approve the…
NBE launches design, implementation of Central Securities Depository Project
Addis Ababa, January 17, 2024 (FBC) – The National Bank of Ethiopia (NBE) today disclosed that it has launched the design and implementation of the Central Securities Depository (CSD)…