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Business
Ethio Telecom’s Mobile Money reaches 34.3mil subscribers with transaction ETB 679.2 Billion
Addis Ababa, July 18, 2023 (FBC) – Ethio telecom in its Annual Business Performance Report of 2022/23 that covers performance period from 01 July 2022 to 30 June 2023 has disclosed that its…
Ethiopia-Djibouti railway earns $60.1mil during past Ethiopian fiscal year
Addis Ababa, July 18, 2023 (FBC) - The Ethiopia-Djibouti railway has transported 124,000 passengers and 2.1 million tonnes of cargo during the Ethiopian fiscal year 2022/2023 ending on July…
Salvador Caetano Group to visit Ethiopia in September
Addis Ababa, July 15, 2023 (FBC) - In a bid to attract innovative automotive industry investments in Ethiopia, a delegation led by EIC visited Porto and conferred with the CEO of Caetano Bus…
EAA signs MoU with CBI to boost access to int’l market
Addis Ababa, July 14, 2023 (FBC) – Ethiopian Agricultural Authority (EAA) and the Netherlands Centre for the Promotion of Imports (CBI) have signed a Memorandum of Understanding to boost…
Indian AAKRITI Industries Limited desirous of investing in Ethiopia’s steel, gas production
Addis Ababa, July 14, 2023 (FBC) - Demeke Atnafu, Ambassador Extraordinary and Plenipotentiary of Ethiopia to the Republic of India has received Rajiv Kumar, Executive Director of the Rice…
Ethiopian Delegation meets with Portuguese APICCAPS, ATP
Addis Ababa, July 13, 2023 (FBC) – Ethiopian delegation led by Lelise Neme, Commissioner of the Ethiopian Investment Commission held meetings with the President of the Portuguese Shoes…
Ethiopian announces resumption of direct flights to Medina
Addis Ababa, July 13, 2023 (FBC) - Ethiopian Airlines, the largest carrier in Africa and one of the fastest-growing brands in the world has announced that it will resume direct flight to…
Ethiopian coffee exporters enjoy growing demand in China – report
Addis Ababa, July 12, 2023 (FBC) - Coffee exporters in Ethiopia, known as the birthplace of coffee, are enjoying the rising coffee market in China as an increasing number of Chinese…
Ethiopia secures more than 1.3 billion USD from coffee export
Addis Ababa, July 11, 2023 (FBC) - Ethiopia has secured more than 1.3 billion USD during the concluded budget year by exporting 240,000 tons of coffee. The nation's plan was to secure 1.8…
Ethiopian set to start its “Fleet Doubling” orders this year
Addis Ababa, July 11, 2023 (FBC) – Ethiopian Airlines is planning to double its fleet by 2035 and the industry can expect orders later this year according its chief executive officer Mesfin…