Addis Ababa, August 1, 2024 (FBC) – A 64-member Chinese delegation, including investors and mayors, took part in a Business-to-Government Forum at the Skylight Hotel in Addis Ababa which kicked off Wednesday the 31st of July 2024.. The forum involved over 40 Ethiopian government officials, according to the Ministry of Foreign […]
Daily Archives: August 1, 2024
7 posts
Addis Ababa, July 30, 2024 (FBC) – Ethiopia’s Minister of Finance, Mr. Ahmed Shide, stated that the partnership between Ethiopia and the World Bank is instrumental in his country’s collective pursuit of sustainable development. The Minister made this remark after the signing a 1.5 billion USD worth of support with […]
Addis Ababa, July 30, 2024 (FBC) – Ethiopian Investment Commission Commissioner, Hanna Arayaselassie, held a meeting yesterday with Iranian Ambassador to Ethiopia, Ali Akbar Rezaei. The discussion focused on mechanisms to boost collaboration in the trade and investment sectors between the two nations. https://www.fanabc.com/english/ethiopia-and-iran-explore-opportunities-for-strengthening-investment-cooperation
Addis Ababa, July 29, 2024 (FBC) – Fisseha Yitagesu, CEO of the Ethiopian Industrial Parks Development Corporation (IPDC), expressed optimism regarding the pursuit of excellence in Eco Industrial Park at Kombolcha Industrial Park. During his visit, the CEO reviewed ongoing operations and toured various manufacturing facilities within the park, engaging […]
Officials of the Ethiopian Customs Commission have drastically tightened the rules for duty-free import privileges. According to Commissioner Debele Kabeta, only army and national intelligence chiefs, along with the Minister of Finance, would retain granting these benefits. Effective July 22, 2024, the Commissioner ordered his subordinates to halt processing duty-free […]
Addis Ababa, July 26, 2024 (FBC) – During a meeting with the Russian-African Economic Cooperation Committee, Fisseha Yitagesu, CEO of the Industrial Parks Development Corporation (IPDC), expressed the corporation’s desire to attract more Russian investments into industrial parks, aligning with the long-standing relationship between Ethiopia and Russia. Fisseha highlighted the […]
Ethiopia’s financial industry is undergoing substantial transformation under the stewardship of Governor Mamo Mihretu, the 10th governor of the National Bank of Ethiopia (NBE). The series of reforms introduced over the past year signify a shift to address longstanding macroeconomic imbalances and position the country’s banking sector on par with […]