bussines news

Ambassador Lencho Bati participated in the Jezan Investment Forum held for two days in Jezan, Saudi Arabia. During the sideline meeting, Ambassador Lencho Bati held discussions with Jezan City Governor Prince Muhammad bin Nasser and Deputy Governor Prince Muhammad bin Abdulaziz bin Muhammad Al Saud and conferred on potential economic cooperation between the two countries. …

Saudi Businesses Invited To Invest In Agriculture, Mining Sectors In Ethiopia Read More »

The trade agreement signed between Ethiopia and Pakistan in February 2023 would enhance the bilateral relationship between the two countries to a new level, according to Trade and Regional Integration Minister Gebremeskel Chala. The minister made the remark at a discussion the House of People’s Representatives Trade and Tourism Affairs Standing Committee held with stakeholders. …

Ethiopia, Pakistan Trade Agreement To Take Bilateral Relations To New Level, Says Minister Read More »

Ethiopian Civil Aviation Authority has signed a MoU with its French counterpart to add three more flight destinations in France. The agreement also includes the commencement of a week-long cargo flight to Marseille, France. The Aviation sector officials of the two countries have also reached an agreement to work in collaboration to reduce carbon emissions …

Ethiopia To Add Three More Flight Destinations In France Read More »

Industrial Parks Development Corporation of Ethiopia (IPDC) and the Ethiopian Investment Commission (EIC) briefed French manufacturing companies and investors who expressed their keen desire to engage in multi-sectoral investments in Ethiopia regarding the enticing investment opportunities in industrial parks. IPDC CEO, Mr. Aklilu Taddese, and Deputy Commissioner of Ethiopian Investment Commission, Mr. Temesgen Tilahun elucidated …

IPDC Briefs French Business Delegation On Investment Opportunities In Ethiopia Read More »

Ministry of Mines stated that Ethiopia has earned more than 63.6 million USD from gold exports during the first quarter of the fiscal year. While presenting the job performance of the institution to the House of Peoples Representatives, the Minister of Mines, Habtamu Tegegn, stated that the National Bank of Ethiopia has bought 719.6 kg …

Ethiopia Earns Over 63.6mln USD From Gold Exports In Three Months Read More »

 A joint venture formed by Ethiopian investors has unveiled the construction of a cement factory worth 6 billion birr in Mekelle City. President of the Tigray Interim Regional Administration, Getachew Reda, and other regional officials have attended the groundbreaking for ‘Legend Steel Factory’ which is believed to create job opportunities for the 6,000 youths upon …

Ethiopian, and Chinese Investors Break Ground On 6bln Birr Steel Factory In Mekelle Read More »

 Some 22 French companies from various sectors are in Ethiopia to explore and identify investment opportunities in the country. A delegation from MEDEF, the international branch of France’s primary business federation, is conducting a working visit to Ethiopia. The visit is part of France’s ongoing efforts to strengthen its economic presence in eastern and Horn …

French Companies Exploring Investment Opportunities In Ethiopia Read More »

The GTTC India-Ethiopia forum, organized by the Ethiopian Embassy in New Delhi, was officially established on Saturday with the main objective of promoting trade and investment opportunities between the two countries by providing a platform for businesses to network and collaborate. The forum also aims to encourage cultural exchanges that can create better understanding and …

GTTC India-Ethiopia Forum Launched to Promote Trade and Investment Opportunities  Read More »

A team of the Ethiopian Investment Commission led by Commissioner Lelise Nembe is on a European tour, engaging with over 20 anchor companies to showcase untapped investment opportunities in the thriving agro-processing sector in Ethiopia. “Agriculture is the backbone of our economy, and we’re ready to amplify its impact,” Commissioner Lelise Nember underscored. The Commissioner …

EIC Team On A European Tour To Promote Ethiopia’s Investment Opportunities Read More »