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CBE payment card service receives security certification
Addis Ababa, December 15, 2023 (FBC) – The Commercial Bank of Ethiopia (CBE) has received recognition and certification from SISA, an international organization working on cyber security,…
Ethiopia holds Global Investor Call, reiterates intention to treat all external creditors equitably
Addis Ababa, December 15, 2023 (FBC) – The Ministry of Finance of Ethiopia today held a Global Investor Call to update its bondholders on the latest macroeconomic developments in the…
Brazilian investors invited to tap opportunities in Ethiopia
Addis Ababa, December 14, 2023 (FBC) – Mr. Aklilu Taddese, the CEO of the Industrial Parks Development Corporation (IPDC), highlighted the significance of Ethiopia's entry into BRICS for…
Gov’t ready to welcome, support Qatari investors: State Minister
Addis Ababa, December 14, 2023 (FBC) – Ambassador Mesganu Arga, State Minister for Foreign Affairs, together with Ms. Lelise Neme, Chief Commissioner for Ethiopian Investment Commission and…
Gov’t to continue providing support to manufacturing sector: House Speaker
Addis Ababa, December 14, 2023 (FBC) – The government will continue providing support for the manufacturing sector to thrive, Speaker of the FDRE House of Peoples' Representative (HPR)…
Ethio-Brazil trade, investment forum to be held tomorrow
Addis Ababa, December 13, 2023 (FBC) – Ethio-Brazil Trade and Investment Forum, organized by the Embassy of Brazil in Addis Ababa, will be held tomorrow at Hilton Hotel, in the Ethiopian…
Africa seeks to accelerate the establishment of African Union Financial Institutions
Addis Ababa, December 13, 2023 (FBC) - The African Union is convening a consultative forum to assess the implementation of the African Union Financial Institutions (AUFIs).
The meeting…
Africa’s average debt-to-GDP ratio will stabilize at 65% in 2024: Research
Addis Ababa, December 13, 2023 (FBC) – Africa's average debt-to-GDP ratio will remain high at 66% in 2023 and stabilize at 65% in 2024, the African Union indicated, citing a recent research…
Next 40 Years Will be Africa’s Years, Says Professor Jeffrey Sachs
The world-renowned professor of economics, leader in sustainable development and senior UN advisor, Professor Jeffrey Sachs said that the next 40 years will be Africa's years.
The Office…
Int’l Companies Crucial in Creating Competition, Bringing Capital: UNDP Economic Advisor
The involvement of international companies in the Ethiopian market is critical in creating competition and bringing capital into the country, United Nations Development Program (UNDP)…