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Chinese automaker Chery to conduct pre investment visit to Ethiopia
Chinese international car manufacturer Chery Commercial Vehicles International Corporation is planning to conduct a pre investment visit to Ethiopia soon, the company’s General Manager Mr.…
Spanish companies keen on investing in Hawasa IP: Consulting Firm
Addis Ababa, July 29, 2023 (FBC) - Advance Group Projects and Technologies S.L, a manufacturing consulting firm, stated that Spanish companies are interested in investing in Hawassa…
Ethiopia aims to become premier Mfg hub in automotive space: EIC
Addis Ababa, July 28, 2023 (FBC) – Ethiopia aims to become a premier manufacturing hub in the automotive space, said the Ethiopian Investment Commission (EIC).
This was stated during a…
Russian fertilizer giant PhosAgro vows to double its export volume to Africa
Saint Petersburg, July 27, 2023 (FBC) - PhosAgro is the largest Russian exporter of fertilizers to Africa with a market share of 33 pct. Over the past 5 years alone, the company has…
NBE will focus on reducing inflation via monetary policy measures: Governor
Addis Ababa, July 25, 2023 (FBC) - Governor of the National Bank of Ethiopia (NBE), Mamo Mihretu, addressed the 20th International Conference on the Ethiopian Economy.
“A ‘cocktail of…
Chinese technology company, JD expresses interest to invest in Ethiopia
Addis Ababa, July 22, 2023 (FBC) - Ethiopian Investment Commissioner, Lelise Neme discussed with JD Technology, a Chinese company, on how the firm can utilize the investment opportunities in…
Mining companies in Tigray to resume mineral exploration and production soon
Addis Ababa, July 20, 2023 (FBC) – Mining companies which were operating in Tigray are said to resume mineral exploration and production activities soon.
State Minister for Ministry of…
EIC, Embassy of China co-organize seminar on Investment Promotion for Ethiopia
Addis Ababa, July 19, 2023 (FBC) –In collaboration with the Embassy of China in Addis Ababa, Ethiopian Investment Commission (EIC) facilitated a three weeks seminar and training on…
IPDC, Asia-Africa Chamber of Commerce sign MoU to increase investment in IPs
Addis Ababa, July 19, 2023 (FBC) – Ethiopian Industrial Parks Development Corporation (IPDC) and the Asia-Africa Chamber of Commerce signed a memorandum of understanding to work together.…
Mobile Phone Technology fosters access to financial services in Ethiopia – WB Blogs
Addis Ababa, July 18, 2023 (FBC) – Mobile phone technology could expand access to financial services in Ethiopia, World Bank Blogs indicated via a study published on Africa Can End Poverty.…