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H&M Global Global Ventures shows interest to invest in Ethiopia
Addis Ababa, July 21, 2022 (FBC) – H&M Global Ventures, a Dubai based company, has shown interest to invest in Ethiopia in various businesses.
Consul General of Ethiopia in Dubai,…
Former CEO of Ethiopian Airlines Tewolde G/Mariam receives Airline Strategy Awards
Addis Ababa, July 18, 2022 (FBC) - Former Ethiopian Airlines chief executive Tewolde GebreMariam has been recognised at this year’s Airline Strategy Awards on 17 July.
The awards…
Ethiopia generates over 15,400GWh of electric power during last fiscal year
Addis Ababa, July 18, 2022 (FBC) - The Ethiopian Electric Power has announced that it was able to generate more than 15,400 GWh of energy in the already concluded Ethiopian fiscal year.…
Ethiopia’s coffee export revenue hits record $1.4 bln over past FY
Addis Ababa, July 13, 2022 (FBC) -Ethiopia has obtained a record-hit 1.4 billion USD from coffee export during the country’s 2021/22 fiscal year that was concluded on the 7th of July.
The…
Ethiopia, Djibouti ink MoU on utilization of Doraleh port
Addis Ababa, July 12, 2022 (FBC) –The Ministry of Agriculture of Ethiopia has signed a Memorandum of Understanding (MoU) with the Ministry of Agriculture of Djibouti to operationalize the…
Mines Ministry, Türkiye’s Calik Holding sign a deal for natural gas exploration, development
Addis Ababa, July 5, 2022 (FBC) – The Mines and Petroleum Ministry inked an agreement with the Turkish company Calik Holding to cooperate in natural gas exploration and development.…
Ethiopian opens new hotel at Bole International Airport, launches 5 new destinations
Addis Ababa, July 4, 2022 (FBC) - Ethiopian Airlines has opened a new 5-star hotel inside the Bole Airport. Skylight In-Terminal Hotel inside Addis Ababa Bole International Airport Terminal…
Ethiopian remains to be the largest operator between Africa & Asia
Addis Ababa, July 2, 2022 (FBC) - Ethiopian Airlines gets more attention for its European and North American network than it does for South, Southeast, and North Asia. After all, Western…
Algerian investors invited to tap opportunities in Ethiopia’s agro-processing sector
Addis Ababa, June 26, 2022 (FBC) - Ethiopia’s Ambassador in Algeria, Nebiat Getachew Assegid paid a working visit to the Wilaya of Annaba, a port city in north-east Algeria, from 24-25 June…
NBE announces 35% increase of gold buying price from Artisan suppliers
Addis Ababa, June 23, 2022 (FBC) - The National Bank of Ethiopia (NBE) announced it has increased the price of gold buying rate from artisan suppliers to 35 percent over the global gold…