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Integration of Ethiopia-Djibouti Railway with strategic ports promoting regional trade: CEO
Addis Ababa, September 9, 2024 (FBC) - Chief Executive Officer of Ethio Djibouti Standard Gauge Railway Share Company, Takele Uma, met with Yonis Ali Guedi, Minister of Energy and Natural…
Ethiopia and Kenya reaffirm commitment to strategic use of Lamu Port
Addis Ababa, September 8, 2024 (FBC) – The governments of Ethiopia and Kenya have reaffirmed their commitment to strategic utilization of Lamu Port as well as the advancement of joint…
Ethiopia-China Investment, dev’t cooperation elevating to new heights
Addis Ababa, September 8, 2024 (FBC) - Chinese Professor Wang Xingping underscored that the Ethio-China investment and development cooperation have been elevating the bilateral relationship…
Ethiopia and Pakistan agree to cooperate on tax administration
Addis Ababa, September 6, 2024 (FBC) – In a meeting that took place today in Addis Ababa, Ethiopia’s Minister of Revenues, Ms. Aynalem Nigusie, engaged in a discussion with a delegation led…
Yagout Pay Financial Technology unveils digital payment system integrated with EthSwitch
Addis Ababa, September 6, 2024 (FBC) - Yagout Pay Financial Technology S.C. in partnership with EthSwitch S.C. unveiled a fully automated digital payment service today.
Khalid Mohammed,…
Ethiopian Airlines inks MoU with AvDyne AeroServices LLC
Addis Ababa, September 6, 2024 (FBC) – Ethiopian Airlines has announced that it has signed a Memorandum of Understanding with AvDyne Aero Services, LLC.
This strategic partnership,…
FOREX price gap with parallel market rate drops to 4 percent in month: NBE Governor
Addis Ababa, September 6, 2024 (FBC) – The foreign exchange market gap with parallel market price has significantly declined from 100 to 4 percent in a single month following the…
Recent reforms instrumental in driving growth of manufacturing sector – Minister
Addis Ababa, September 5, 2024 (FBC) – The implementation of comprehensive and robust reforms in Ethiopia has been instrumental in driving the growth of the manufacturing sector in recent…
Ethiopia, China contemplating currency swap deal
Addis Ababa, September 5, 2024 (FBC) – Ethiopia’s Minister of Finance, Mr. Ahmed Shide, revealed that China has pledged financial backing of 400 million yuan (in the region of 56,342,800…
Ethiopia’s Pharmaceutical Sector Garners US$1.5B Income Annually, Says Minister
Addis Ababa, September 4, 2024 (FBC) - Ethiopia's Minister of Health Dr. Mekdes Daba underscored the substantial financial prospects inherent within the nation’s burgeoning pharmaceutical…