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AfDB approves €26.1mln loan for construction of Ethio-Kenya power lines
Addis Ababa, July 4, 2023 (FBC) - African Development Bank (AfDB) has approved a 26.1 million euros loan to construct an underground power transmission line as part of the Ethiopia-Kenya…
Mobile money could add $5.3 billion to Ethiopia’s GDP: New Report
Addis Ababa, July 3, 2023 (FBC) – In its new report GSMA, a global organization that represents the interests of mobile network operators worldwide said that Mobile Money in Ethiopia could…
Japanese company hails Ethiopia as key investment destination in Africa
Addis Ababa, July 3, 2023 (FBC) - Ambassador of Ethiopia to Japan Daba Debele discussed with Mutsuo Iwai, Chairperson of the Board of Japan Tobacco International on Monday.
Ambassador…
Ethiopia Earns Some 86 Million USD from Exports of Animal Products in 11 Months
Addis Ababa, July 1, 2023 (FBC) - The Livestock Development Institute said some 86 million US dollars have been earned in revenue from the exports of animal products during the past eleven…
Former Governor of BCRA shares insights on Making Financial Inclusion
Addis Ababa, July 1, 2023 (FBC) - Fede Sturzenegger, former Governor of the Central Bank of Argentina (BCRA) and Harvard University professor, met with Governor of the National Bank of…
Chinese textile, garment companies encouraged to intensify investment in Ethiopia
Addis Ababa, July 1, 2023 (FBC) - During the “China-Africa Textile and Apparel Investment and Trade Symposium” which was held today as a part of the 3rd China-Africa Economic and Trade Expo…
Embassy, Invest Africa agree to mobilise investments into Ethiopia from UK
Addis Ababa, June 29, 2023 (FBC) - Beyene Gebremeskel, Deputy Head of Mission at the Ethiopian Embassy in London, held a meeting today with Karen Taylor, CEO of Invest Africa.
On the…
Ethiopia’s cluster approach helps small leather goods enterprise to grow: UNIDO
Addis Ababa, June 27, 2023 (FBC) - The United Nations Industrial Development Organization (UNIDO) says that Ethiopia’s cluster approach has helped small leather goods enterprises to grow.…
Ethiopian Airlines Shining Example for Cargo, Logistics Handling Capabilities: AFRAA
Addis Ababa, June 27, 2023 (FBC) - Ethiopian Airlines Group has invested heavily on infrastructure, people and processes to enhance its special cargo and logistics handling capabilities…
Cairo becomes 34th African freighter destination for Ethiopian Airlines
Addis Ababa, June 26, 2023 (FBC) – Ethiopian Airlines, the fastest-growing airline brand globally and the continent’s leading airline brand, has announced today that Cairo will become its…