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Ministry of Revenue collects 18.35B Birr in May
Addis Ababa, June 11, 2020 (FBC) – Ministry of Revenue stated that it collected 18.35 Billion Birr during the last month, May, 2020.
The Ministry has achieved 77 percent of its plan set…
Some 67 companies to start face mask production
Addis Ababa, June 10, 2020 (FBC) -Ethiopia will start to produce 5.5 million face masks per day to ease the growing demand resulted from increase in new cases of the COVID-19 pandemic.…
Lotus Energy gets huge hybrid project in Ethiopia
Addis Ababa, June 8, 2020 (FBC) - Lotus Energy Cooperative has won a contract to build in Ethiopia a complex combining solar, battery storage and waste-to-energy capacity.
With at least…
Ethiopian Embassy in Israel holds Coffee Exhibition in Jerusalem
Addis Ababa, June 3, 2020 (FBC) - Ethiopian Embassy in Israel has organized coffee exhibition and culinary diplomacy event aimed to foster the Ethiopian Coffee to Israeli community.
The…
Ethiopian reports forcefulness despite circumstances
Addis Ababa, June 2, 2020 (FBC) – Ethiopian Airlines stated that it has generated more than 120 Million US Dollars revenue with in a last month, an income surpassing its monthly expenses.…
Ethiopian Airlines aspires to expand its presence in cargo service
Addis Ababa, June 1, 2020 (FBC) - Ethiopian Airlines stated that it remains to be seen in an African sky despite circumstances as it is working to be the architect of the sector’s…
Ethiopia among leading countries in benefits of AGOA treaty
Addis Ababa, May 26, 20 20 (FBC) –Ethiopia is among the leading countries in the East African region in its use of the Africa Growth Opportunity Act (AGOA) treaty.
According to the US…
Amhara region discovers 23m tons of granite deposit
Addis Ababa, May 25, 2020 (FBC) –Granite deposit amounting more than 23 million tons has been discovered in three districts of east Gojam zone, Amhara regional state.
The deposit was…
Forum discusses FDI challenges in Ethiopia
Addis Ababa, May 23, 2020 (FBC) – A joint forum established to arrest challenges of foreign direct investment (FDI) in Ethiopia held its regular meeting yesterday.
Attendees discussed…
Ethiopian Airlines steps in to deliver respirators to Latin Americans
Addis Ababa, May 22, 2020 (FBC) Ethiopia has emerged as a key transit hub for the shipment of much sought-after medical equipment to Latin America.
Financial Times today reported that…