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Business
IPDC providing one-stop-service to investors engaged in parks across Ethiopia
December 26, 2023 (FBC) - Industrial Parks Development Corporation (IPDC) disclosed that it is providing a One-Stop-Service to investors engaged in the various parks across Ethiopia in…
Banks shed 60,000 jobs in one of worst years for cuts since financial crisis – Report
Addis Ababa, December 26, 2023 (FBC) – Global banks eliminated more than 60,000 jobs in 2023, marking one of the heaviest years for cuts since the financial crisis and reversing much of…
Ethiopia working aggressively to finalize its accession to WTO, implement AfCFTA
Addis Ababa, December 26, 2023 (FBC) – Ethiopia is aggressively working to finalize its accession to the World Trade Organization (WTO) in the coming three years, Minister of Trade and…
NBE, Central Bank of China discuss potential technical cooperation
Addis Ababa, December 25, 2023 (FBC) - A delegation from the National Bank of Ethiopia, including the Vice Governor, Senior Advisors, and Directors, along with the CEO of the Ethiopian…
CBE collects over 100bn Birr in deposit accounts through CBE Noor service
Addis Ababa, December 23, 2023 (FBC) – The Commercial Bank of Ethiopia (CBE) confirmed that it has collected more than 100 billion birr in deposit accounts through CBE Noor banking services…
Health Minister urges Russian companies to invest in Ethiopia’s pharmaceutical sector
Addis Ababa, December 22, 2023 (FBC) - The Ethiopian Health Minister, Dr. Lia Tadesse received at her office the Russian delegation led by the Head of the Federal Agency for Minerals…
Ethio Telecom launches Telebirr based digital financial market place
Addis Ababa, December 21, 2023 (FBC) Ethio Telecom has officially launched today a telebirr based Digital Financial Marketplace that enables Banks, Microfinance, Insurance, and other…
Authority working to promote Ethiopia’s special coffee at African Fine Coffees Conference
Addis Ababa, December 21, 2023 (FBC) - Ethiopia is making preparations to promote its special coffee at the 20th African Fine Coffees Conference and Exhibition to be held in Addis Ababa in…
Russia’s Agroinvest Group to engage in Ethiopia’s industrial parks
Addis Ababa, December 21, 2023 (FBC) – The Russian Investment Group, which consists of 17 huge manufacturing companies, has announced its decision to invest in Ethiopia’s industrial parks.…
Ethiopia capitalizes on Korea-Africa Forum to promote investment opportunities
Addis Ababa, December 21, 2023 (FBC) – Ethiopia’s ambassador to Korea, Ambassador Dessie Dalkie, presented the investment potentials of Ethiopia and Ethio-Korea future potential cooperation…