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AfDB welcomes $10m clean technology investment to diversify Ethiopia’s energy mix
Addis Ababa, May 8, 2020 (FBC) -The trust fund committee of the Clean Technology Fund (CTF), has extend a $10 million concessional senior loan for development of the 50mw Tulu Moyo…
Ethiopia ready to launch electronic transaction: Ministry
Addis Ababa, May 06, 2020 (FBC) – Innovation and Technology Ministry today announced that Ethiopia is now technologically well equipped to launch electronic transaction.
This was…
Ethiopian enhances services with cargo tracking app
Addis Ababa, May 5, 2020 (FBC) - Ethiopian Airlines (Ethiopian) has released a cargo tracking app for its cargo and logistics services customers.
Features of the app, which is available…
Ethiopia horticulture takes $25m hit due to COVID-19
Addis Ababa, May 4, 2020 (FBC) -Ethiopia has lost about $25 million from the horticulture sub-sector since the outbreak of the global COVID-19, said Ethiopian Horticulture Producer-Exporters…
Ethiopia bans entry of 2500 MT low-quality goods in nine months
Addis Ababa, May 4, 2020 (FBC) –Ministry of Trade and Industry said it has banned 2500 metric tons of nonstandard products from entering the country over the past nine months.
The goods…
ECX traded over 30 bn birr commodities in nine months
Addis Ababa, April 30, 2020 (FBC) – The Ethiopia Commodity Exchange (ECX) has traded 602, 823 tons of commodities worth 30.4 billion birr over the past nine months.
The Exchange achieved…
Ministry collects over 183bn birr revenue in nine months
Addis Ababa, April 28, 2020 (FBC) –The Ministry of Revenue announced that it has collected more than 183 billion birr in revenue during the last nine months, achieving 96% of its target.…
MoMP, Greencom sign agreement to build gas plant
Addis Ababa, April 28, 2020 (FBC) – The Ministry of Mines and Petroleum (MoMP) have signed a joint study agreement with GreenCom Technologies to build gas processing plant in Ethiopia.…
MIDROC Ethiopia gets interim CEO
Addis Ababa, April 27, 2020 (FBC) – Getachew Hagos has been appointed as interim Chief Executive Officer (CEO) of MIDROC Ethiopia.
His appointment came following the resignation of Dr.…
Ethiopian launches cargo services to Hyderabad
Addis Ababa, April 27, 2020 (FBC) – Bangalore Mirror reported that the Hyderabad International Airport got connected to African markets with touchdown of the maiden Cargo flight of the…