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Public enterprise with 48bln birr capital established in Oromia
Addis Ababa, November 17, 2022 (FBC) – A public enterprise with registered capital of 48 billion birr has been established in Oromia Region on Thursday.
The enterprises would help address…
Ministry sets sights to collect $562mln income from manufacturing sector
Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Ministry of Industry announced that efforts are being made to collect 562 million USD from the manufacturing sector.
According to the…
Carvico Ethiopia creating decent jobs, boosting export: EIC
Addis Ababa, November 16, 2022 (FBC) - The Ethiopian Investment Commission (EIC) and Industrial Parks Development Corporation (IPDC) management jointly met with the Carvico Ethiopia P.L.C…
Gov’t invites int’l bidders to privatize 40% of Ethio telecom
Addis Ababa, November 16, 2022 (FBC) - The Ethiopian Ministry of Finance has invited international telecom bidder companies, as it looks to implement the policy to denationalize 40% share of…
Embassy hosts virtual event to promote Ethiopian cement investment potential
Addis Ababa, November 16, 2022 (FBC) – The Ethiopian Embassy in China co-hosted with China Cement Association a promotion event to promote cement industry in Ethiopia.
The Ethiopian…
Turkish transport, construction companies keen on investing in Ethiopia
Addis Ababa, November 15, 2022 (FBC) – Ambassador and Plenipotentiary of Ethiopia to Turkiye, Adem Mohammed conferred with a Trukish investor, Dr. Çetin Ay who is engaged in transport,…
11th Int’l conference on cereals, oilseeds kicks off in Addis Ababa
Addis Ababa, November 15, 2022 (FBC) – The 11th international conference on oilseeds and cereal crops kicked off in Sheraton Hotel, Addis Ababa, with the presence of the FDRE President,…
KOICA pledges cooperation to increase Ethiopia’s export products
Addis Ababa, November 14, 2022 (FBC) - The deputy director general of Korea International Cooperation Agency (KOICA) in Ethiopia, Shinyang Lee, stated that they will work in cooperation with…
Chinese Company, DMC Trading PLC ink deal to build 5 star hotel with cost of 14.2bln Birr in Addis…
Addis Ababa, November 14, 2022 (FBC) - China Civil Engineering Construction Corporation (CCECC) and DMC Trading PLC have signed an agreement for the construction of Five Star Hotel, Mall and…
Unison Corporate inaugurates food oil factory built at 1.5bln Birr
Addis Ababa, November 13, 2022 (FBC) - The Amhara region president, Yilkal Kefale, inaugurated Unison Food Oil Plant, built at a cost of 1.5 billion birr in Bahir Dar city.
The food oil…