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Ethiopia receives first gas reserves certificate
Addis Ababa, August 26, 2022 (FBC) – The Ministry of Mines and Petroleum received the first gas reserves certificate as a study to verify extent of oil and natural gas reserves in Ethiopia…
Ethiopia in negotiations with China over the start of fruit exports
Addis Ababa, August 26, 2022 (FBC) – Ethiopia is aiming to export fruits including bananas, avocados and mangoes as well as meat products to China, according to Ethiopia’s ambassador to…
IPDC earns over 1.2 billion birr in last fiscal year
Addis Ababa, August 25, 2022 (FBC) – In a press conference, CEO of Industrial Parks Development Corporation, Sandokan Debebe stated that the institution earned more than 1.2 billion birr…
Ethio-Djibouti Railway enabled Ethiopia to save 2.4bln birr logistics expenditure in Past Year: CEO
Addis Ababa, August 25, 2022 (FBC) - Ethio-Djibouti Railway (EDR) disclosed that its cargo transport service enabled Ethiopia to save a 2.4 billion Birr logistics expenditure during the…
Ethio-Djibouti Railway Starts Transporting Vehicles
Addis Ababa, August 25, 2022 (FBC) - Ethio-Djibouti Standard Gauge Railway Share Company started service of transporting vehicles by train from Djibouti to Addis Ababa, Ethiopia.
This…
Preparations underway to ensure entry of foreign financial institutions in Ethiopia: NBE
Addis Ababa, August 24, 2022 (FBC) – National Bank of Ethiopia announced that preparations are being made to enable foreign financial institutions to enter the country.
Prime Minister…
ESLSE ships over 7.9mln tons of import, export cargo
Addis Ababa, August 23, 2022 (FBC) – Ethiopian Shipping and Logistics Services Enterprise (ESLSE) stated that it has transported more than 7.9 million tons of import and export cargo,…
Chinese companies invited to invest in cooking oil processing in Ethiopia
Addis Ababa, August 23, 2022 (FBC) - The Embassy participated on “China International Sesame Conference 2022” which was co-organized by the Chinese Ministry of Commerce and China Chamber of…
Customs Commission manages to prevent 50.4bln birr worth of fraud loss
Addis Ababa, August 22, 2022 (FBC) - Ethiopian Customs Commission has confirmed that it has managed to prevent fraud loss worth more than 50.4 billion Ethiopian birr in the 2021/22 fiscal…
Dire-Dawa City inaugurates a 700mln birr car assembling plant
Addis Ababa, August 20, 2022 (FBC) - The automotive assembly plant, built by EL Auto Engineering and Trading PLC, with more than 700 million ETB, has been inaugurated at the Dire-Dawa Free…