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Ministry of revenues says 380 billion racked up over past five months
Addis Ababa, December 26, 2024 (FMC) – The Ministry of Revenue of Ethiopia (MoR) revealed that some 380 billion Birr has been collected over the last five months of the current fiscal year.…
Chinese car manufacturer enters Ethiopian market
Addis Ababa, December 24, 2024 (FMC) – The Chinese car manufacturer BYD made its official debut in the Ethiopian market via a brand launch event in Addis Ababa, in collaboration with local…
IPDC Commits to Enhancing Involvement of Fujian Investors in Ethiopia
Addis Ababa, December 23, 2024 (FMC) - The Industrial Parks Development Corporation (IPDC) has announced its dedication to increasing the engagement of investors from Fujian province in…
Japanese car giants Honda and Nissan announce plans to merge
Addis Ababa, December 23, 2024 (FMC) — Japanese car giants, Honda and Nissan, have announced plans to merge that would make them the third largest car maker by sales, behind Toyota Motor…
TDAP explores Ethiopian market for agro and food Products
Addis Ababa, December 23, 2024 (FMC) - The Trade Development Authority of Pakistan (TDAP), through its International Markets Development Division (Africa Desk), organised a webinar titled…
Investors with over 2.6 billion Birr capital set to engage in Jimma SEZ – IPDC
Addis Ababa, December 22, 2024 (FMC) – Investors with more than 2.6 billion birr capital are going to start coffee and tea leaf production in Jimma Special Economic Zone, according to…
Ethiopian Airlines unveils cutting-edge eight-story parking facility for flight crews
Addis Ababa, December 21, 2024 (FMC) – Ethiopian Airlines Group has officially opened a modern eight-story parking facility dedicated to its flight crews. The impressive structure, completed…
TECNO unveils groundbreaking Tecno AI Assistant app
Addis Ababa, December 20, 2024 (FMC) – Chinese innovative technology brand Tecno unveiled its groundbreaking Tecno AI Assistant application and its latest AI-powered technological products…
India’s Leyland Group poises to invest in Ethiopian automotive industry
Addis Ababa, December 19, 2024 (FMC) — Ethiopian Ambassador to India Fesseha Shawel conferred with Mr. Prakash P. Hinduja, Chairman of the Hinduja Group on the investment partnership in…
Asian companies encouraged to tap enticing investment opportunities in Ethiopia
Addis Ababa, December 19, 2024 (FMC) – Ethiopia’s Minister of Trade and Regional Integration, Kasahun Goffe, invited Asian companies to tap the bourgeoning investment opportunities in his…