bussines news

The Ethio-Djibouti railway, part of the Belt and Road Initiative flagship infrastructure project for the African continent, has been providing economic and social benefits to the people of Ethiopia and Djibouti, Chinese companies stated. The Belt and Road Initiative is a global infrastructure development strategy adopted by the Chinese government in 2013 to connect Asia …

China-Backed Ethio-Djibouti Railway Providing Crucial Economic, Social Benefits: Firms Read More »

 Ethiopian Ambassador to Japan, Dhaba Debele, has invited Japan’s YANMAR Co. Ltd and Osaka Chamber of Commerce and Industry (OCCI) to explore trade and investment opportunities in Ethiopia and closely cooperate with relevant stakeholders from the East African country. Ambassador Dhaba held a discussion with Mr. Akihiko Hiraoka, Chief Marketing Officer of Yanmar Agribusiness Co., …

YANMAR, Osaka CCI Invited To Explore Trade, and Investment Opportunities In Ethiopia Read More »

Addis Ababa, September 22, 2023 – A direct flight between Ethiopia and Algeria has been launched today, the Ethiopian Embassy in Algiers said. The Addis Ababa-Algiers direct flight was inaugurated by Ambassador Extraordinary and Plenipotentiary of Ethiopia to Algeria, Nebiat Getachew, Mr. Youcef Cherfa, Transport Minister of Algeria, and Mr. Yacine Benslimane, on September 22, …

Addis Ababa-Algiers Direct Flight Launched Read More »

Addis Ababa, September 22, 2023 (FBC) – The Ethiopia-Canada Business & Investment Forum in Toronto has ended successfully where dozens of Ethiopian businesses explored market and partnership opportunities, while Canadian businesses sourcing and investment opportunities in agriculture, manufacturing and mining. During the course of the forum, both sides expressed a willingness to follow up through …

Ethiopia-Canada Business, Investment Forum Concludes Read More »

Eastern Corporation, a company with extensive experience in the construction sector in the United States, expressed its desire to engage in the manufacturing sector in Ethiopia. The Corporation expressed its interest in a meeting between IPDC Chief of Staff Mr. Fitsum Ketema, and the CEO of the American Eastern Corporation, David Ham, and his delegation. …

Eastern Corporation Expresses Desire To Engage In Manufacturing Sector In Ethiopia Read More »

The Ethiopian Embassy in Beijing showcased the country’s coffee products at the ongoing Coffee Month of Asian Games, in Hangzhou City, Zhejiang Province, China. The Embassy indicated that September 21 and 22 were scheduled as Ethiopian coffee promotion days by the organizers. Following the increasing consumption of coffee in China, the program aims to promote …

Ethiopian Coffee Showcased At Asian Games In Hangzhou Read More »

 The Ethiopian Embassy in China attended the Global Forum on Soil Health held in Yangling, Shaanxi, China on September 19 and 20. It is noted that the forum brought together about 160 delegates from 32 countries including representatives from the Horn of African countries, international organizations, the private sector, and non-governmental organizations. Focusing on“Soil Health …

Ethiopian Delegation Attends China-HOA Agricultural Cooperation Global Forum Read More »

The National Bank of Ethiopia (NBE) is committed to offering the much-anticipated guarantee of converting local currency funds to hard currencies for foreign investments deemed “strategic.” In its latest directive issued a week ago, the NBE allowed the opening and operation of offshore accounts for strategic foreign direct investment projects, mainly mining and Public-Private Partnership …

Central Bank nods to long-awaited currency convertibility assurance   Read More »