Addis Ababa, July 28, 2024 (FBC) – Ethiopia has officially embarked on comprehensive macroeconomic reform policy implementation, Prime Minister Abiy Ahmed confirmed this afternoon. Here is the full statement on Macro-Economic Reform Program Policy: Following the political change in 2018, the government has been implementing numerous economic reforms. Over the past six years, these reforms…

Addis Ababa, July 29, 2024 (FBC) – The Executive Board of the International Monetary Fund (IMF) approved a four-year arrangement under the Extended Credit Facility (ECF)[1] for Ethiopia in an amount equivalent to SDR 2.556 billion (850 percent of quota or about US$3.4 billion) to support the government’s implementation of its Homegrown Economic Reform (HGER)…

The 14th Specialized Addis chamber International Agriculture and Food Exhibition /AGRIFEX-Ethiopia / is officially opened by the guest of honour Mr. Mesfin Assefa, deputy Head of the Addis Ababa city trade bureau at the Addis Ababa Millenium Hall. The Exhibition will stay for the coming 3 days. Addis chamber is inviting the public to visit and…

Hosting grand trade shows are among the key activities of Addis Chamber that intends to promote trade and investment in Ethiopia. Such events are taking place since the last 25 years connecting businesses and forging networks among local and international businesses. With the commencing of the Ethiopian new year (2016 EC/2023/24), Addis Chamber has finalized…

Addis Chamber, one of the most influential BMOs marks its End of Year thanks giving date colorfully at the Sky Light Hotel, Addis Ababa. Among the attendees include diplomatic communities, government representatives, members of business communities and the press.  Among the recent reform initiatives taken by the Chamber include encouraging the private sector to actively…

Ethiopia is the first country in Africa to establish diplomatic ties with India. This year the two countries mark the 75th anniversary of diplomatic ties. During all these long decades we have achieved a lot in bolstering the diplomatic ties of the two countries. For instance we have achieved in political diplomacy however our trade…