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Business
Turkish Manufacturer announces a plan to expand its presence in Ethiopia
Addis Ababa, January 9, 2025 (FMC) - Kumtek Industrial PLC, a Turkish company in Ethiopia, has announced plans to expand its operations in the country, the company's Executive Manager, Sindu…
CBE transacts 5.3 trillion Birr through digital channels in last six months
Addis Ababa, January 8, 2025 (FMC) – The Commercial Bank of Ethiopia (CBE) has announced that it has transacted 5.3 trillion Birr through its digital services in the first half of the…
Ethiopian business, trade delegation to travel to Saudi Arabia next week
Addis Ababa, January 8, 2025 (FMC) – The representatives of the Ethiopian business community are anticipated to visit Saudi Arabia next week and explore opportunities in order to strengthen…
Huajian Group keen on investing in Dire Dawa Free Trade Zone
Addis Ababa, January 4, 2025 (FMC) - A meeting between Fiseha Yitagesu (PhD), CEO of the Industrial Parks Development Corporation, and Hua Rong Zhang, CEO of Huajian Ethiopia, explored…
India’s IndoGulf Cropscience to invest in fertilizer production industry
Addis Ababa, January 3, 2025 (FMC) — Ambassador of Ethiopia to India, Fesseha Shawel, conferred with Mr. Sanjay Aggarwal, Managing Director of IndoGulf Cropsciences Limited, on the…
Ethiopia pockets $216 million from horticulture export in the pas 5 months
Addis Ababa, January 2, 2025 (FMC) – Ethiopia’s Ministry of Trade and Regional Integration (MoTRI) has announced that over 216 million USD has been earned from the export of horticulture…
CBE kicks off Customer Service Month to transform service delivery
Addis Ababa, January 2, 2025 (FMC) – The Commercial Bank of Ethiopia (CBE) officially inaugurated its Customer Service Month today, with attendance from notable government officials,…
EIC, China Chamber of Commerce meet to boost investments in Ethiopia
Addis Ababa, January 2, 2025 (FMC) – The Ethiopian Investment Commission (EIC) held a consultative meeting with the China Chamber of Commerce and the Chinese Embassy to enhance the…
Ethiopian Airlines welcomes its third Airbus A350-1000 plane
Addis Ababa, January 2, 2025 (FMC) – Ethiopian Airlines, Africa’s largest Airbus operator and national flag carrier, today announced that it has welcomed its third Airbus A350-1000 aircraft.…
Ethiopia is a strategic hub for Qatari investments, says envoy
Addis Ababa, January 1, 2025 (FMC) – On the back of robust Ethiopia-Qatar ties and its strategic location as a gateway to the African continent, the country is looking to attract FDI,…