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Ethiopian Airlines Backed Carrier to Start in Nigeria By October
Addis Ababa, August 4, 2023 (FBC) - An airline established by Ethiopian Airlines Group in partnership with institutional investors and the Nigerian government plans to start operations in…
Over 61bn ETB earned from domestic tourism: Ministry
Addis Ababa, August 3, 2023 (FBC) - The Ministry of Tourism of Ethiopia (MoT) announced that 61.1 billion birr was received from domestic tourism in the 2022/23 Ethiopian fiscal year.
The…
Chinese cement firm keen to engage in Dire-Dawa FTZ
Addis Ababa, August 3, 2023 (FBC) - Chinese cement firm Qiu Zha Cement Factory expressed keen interest to engage in cement production at the Dire-Dawa Free Trade Zone, according the…
EIC, EIH discuss plans in investment promotion, facilitation and aftercare
Addis Ababa, August 2, 2023 (FBC) - Ethiopian Investment Commission (EIC) and Ethiopian Investment Holding (EIH) held joint executive management meetings on strategic partnership matters.…
Ethiopia’s job creation, market linkages promising – World Bank President
Addis Ababa, August 1, 2023 (FBC) - The World Bank President Ajay Banga stated that Ethiopia’s achievements in job creation and market linkage is promising.
The World Bank President told…
Commissioner Lelise Meets With IFC’s Regional Director
Addis Ababa, August 1, 2023 (FBC) – Ethiopian Investment Commissioner Lelise Neme held a meeting with the International Finance Corporation (IFC)'s Regional Director, Ms. Mary Porter.…
$2.3bn obtained from import substitution in 2022/23 fiscal year – Ministry
Addis Ababa, July 31, 2023 (FBC) - The Ministry of Industry of Ethiopia (MoI) has announced that 1,000 industries have gone operational in the 2022/23 Ethiopian fiscal year.
The Minister…
Ethiopian extends bid submission date for privatization of 8 state-owned sugar enterprises
Addis Ababa, July 31, 2023 (FBC) – The Federal Democratic Republic of Ethiopia through the Ministry of Finance (MoF) and Ethiopian Investment Holdings (EIH) has announced an extension of…
Ethiopian airlines to increase weekly direct flights to Republic of Korea
Addis Ababa, July 31, 2023 (FBC) – Republic of Korea and Ethiopia have agreed to increase flights between the two countries from the current seven to nine a week, a move that will help…
Saudi Arabian investors keen on investing in Ethiopia’s minerals
Addis Ababa, July 31, 2023 (FBC) – Ambassador of Ethiopia to Saudi Arabia, Lencho Bati, held a meeting with owners and Managers of Mining firms of Kingdom of Saudi Arabia including METAB N.…