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EXCHANGE RATE – MARCH-20

eXCHANGE RATE MAR-17

“Time to Invest and Grow in Ethiopia”

The Ethiopian Investment Commission (EIC) is excited to announce that we will be hosting Invest Ethiopia 2023, the premiere investment forum in Ethiopia on April 26 – 28, 2023, at…

EIC and Pakistani Investors have signed a Memorandum of Understanding (MoU) for the establishment of Pharmaceutical, Packaging, and Industrial Park Development projects.

The MoU was signed by the EIC and the Pakistani Investor and representative of the Pakistani investment and trade delegation, given the favorable investment climate in Ethiopia and the vast…

EXCHANGE RATE MAR-16

EXCHANGE RATE MARCH-14

Ethiopia foresees 6 bln. USD from FDI

(E P A) The Ethiopia Investment Commission (EIC) revealed a plan to attract six billion USD from foreign direct investment (FDI) in the current fiscal year whilst attention is given…

China to elevate people- to-people ties with Ethiopia.

(E P A) A Chinese diplomat said his country wants to replicate the thriving business and investment relations with Ethiopia to vibrant people-to-people ties. Chinese Embassy Minister Counselor Shen Qinmin…

It is reported that the number of people who have been accused of the anti-corruption campaign has reached 640.

According to the recommendation received by the federal government for the national anti-corruption committee established in November, the number of people accused of corruption has reached 640. The national anti-corruption…

H.E Eng. Lelise Neme & H.E. Amb Miroslav Kosek Czech Republic Ambassador to Ethiopia discussed strengthening the bilateral partnership between Ethiopia and Czech Republic.

underscored their commitment to attract Czech investors to Ethiopia through targeted and strategized sectoral investment promotional activities.

EXCHANGE RATE MARCH 10

Minister Ahmed Shide takes over the Chairmanship of the Horn of Africa Initiative (HOAI) from Kenya.

The Finance Ministers of the Horn of Africa Countries held the 15th HOAI Ministerial meeting today in Nairobi, Kenya. The Ministers reviewed the progress made on the operation and implementation…

EXCHANGE RATE MARCH-9

Finance Minister Deeta held talks with the chairman of China International Energy Group on bilateral economic cooperation.

February 27/2015 E.C. Deputy Finance Minister Mrs. Semerita Sewasew discussed with the delegates led by Mr. Li Xiang, the chairman of China International Energy Group, about the upcoming investment and…

Huawei Light Industry, which was out of service, is about to start working.

February 27/2015 M(E. Mi) A discussion was held to fully reopen the Huwajan light industry which has been stopped for the past two years due to Covid and the cancellation…

Ethiopian Embassy at Beijing attended Five training seminars

On 6 March 2023, H.E. Ambassador Dawano Kedir, Deputy Head of Mission and who is currently Chargé d’affaire of Ethiopian Embassy, attended at the clothing ceremony of the “Five training…