Based on the search results, here is the latest information on Ethiopia’s finance sector: 1. Ethiopia takes first step towards liberalizing finance sector: According to the Financial Times, Ethiopia has taken the first step towards liberalizing its finance sector. The country is aiming to attract foreign investment and boost economic […]
Monthly Archives: July 2024
26 posts
Addis Ababa, July 24, 2024 (FBC) – Ambassador Bzunesh Meseret, Deputy Head of Mission at the Ethiopian Embassy in New Delhi, took part in India-Africa Business Conclave 2024 (2nd Edition) which was held in Ahmedabad City, Gujarat State, India, a few days ago. Ambassador Bzunesh on the occasion delivered a […]
Addis Ababa, July 22, 2024 (FBC) – Ethiopia’s Finance Minister Ahmed Shide emphasized the need for reinforcing transformative financial frameworks to the Sustainable Development Goals (SDGs) and undertaking comprehensive reform in the global financing system. The minister also called on all stakeholders to undertake comprehensive reform of the global financing […]
Addis Ababa, July 20, 2024 (FBC) – The Ethiopian Industrial Parks Development Corporation (IPDC) disclosed that it attracted more than 500 million USD in capital investments during the 2023/24 Ethiopian fiscal year. Similarly, the corporation revealed that more than 237 million USD worth of import substitute products were supplied to […]
Addis Ababa, July 19, 2024 (FBC) – The Industrial Parks Development Corporation of Ethiopia (IPDC) revealed that over 237 million USD worth of import substitute products were successfully supplied to the domestic market during the last fiscal year. Notably, among the various import substitute products produced by Ethiopian industrial parks, […]
Addis Ababa, July 18, 2024 (FBC) – The Ethiopia – Italy Business Form kicked off in Milan City in attendance of State Minister for Foreign Affairs, Mesganu Arga, Ambassador Demitu Hambisa. From Italian side, member of the Office of the Prime Minister, Lorenzo Ortana and Representative of Cassa Depositi e […]
Addis Ababa, July 17, 2024 (FBC) – In a bid to enhance economic cooperation and facilitate trade between the two nations, Ethiopia’s Minister of Trade and Regional Integrations, Kasahun Goffe, met with the Minister of Trade of Djibouti, Mohamed Warsama. During their discussion, the two ministers explored various possibilities for […]
Addis Ababa, July 16, 2024 (FBC) – Consul General of the Federal Democratic Republic of Ethiopia in Dubai and Northern Emirates, Ambassador Aklulu Kebede, announced activities underway to lure UAE investors into the Ethiopian market. Ambassador Aklulu conferred with a delegation of Ethiopian Industrial Parks Development Corporation (IPDC) on works […]
Addis Ababa, July 11, 2024 (FBC) – The Ethiopian Embassy in New Delhi, in collaboration with the Associated Chambers of Commerce and Industry of India (ASSOCHAM), organized a Business Forum to explore and promote business and investment opportunities in Ethiopia. Deputy Head of Mission Ambassador Bizunesh delivered a keynote speech […]
Addis Ababa, July 10, 2024 (FBC) – Ethio Telecom, Ethiopia’s leading telecommunications provider has released its annual performance report for the 2023/24 fiscal year, showcasing impressive growth across key metrics. The report, covering the period from July 1, 2023, to June 30, 2024, highlights the company’s continued success in expanding […]
Addis Ababa, July 10, 2024 (FBC) – Ambassador Tefera Derbew and Deputy Head of Mission Ambassador Dewano Kedir had a productive meeting with Mr. Guo Huaigang, Chairperson of the China Council for the Promotion of International Trade (CCPIT), in Beijing. In June this year, a delegation of 30 companies led […]
Trending Investment Sector in Ethiopia Ethiopia is currently witnessing a surge in investment across various sectors. Here are the key areas experiencing significant investment activity: 1. Manufacturing and Export 2. Agriculture and Food & Beverages 3. Mining and Renewable Energy 4. Financial Liberalization and Stock Market Development 5. Government Support […]