Business

Ethiopian Appointed IMF African Department Director

Ethiopian Appointed IMF African Department Director
September 18, 2016
Business

(*) Mr. Selassie is expected to begin his work as Director of the African Department on September 19, 2016. (*) …More Here

Ethiopia completes electricity transmission lines installation boosting generation

Ethiopia completes electricity transmission lines installation boosting generation
September 16, 2016
Business

Ethiopia has finalized installation of transmission lines that will transfer power generated from the Gibe III dam to the national …More Here

Ethiopia looking to join the ranks of Kenya, Egypt in mobile banking

Ethiopia looking to join the ranks of Kenya, Egypt in mobile banking
September 14, 2016
Business

Ethiopia’s mobile money service HelloCash — launched over a year ago — has tipped the scale in accessing financial services …More Here

Dangote shakes Kenya’s cement market with Ethiopia imports

Dangote shakes Kenya’s cement market with Ethiopia imports
August 30, 2016
Business

Nigeria’s Dangote Cement has started its shake-up of the Kenyan market with importation of the commodity from its plant in …More Here

Ethiopia sets up $10 million ceramic factory to stem imports

Ethiopia sets up $10 million ceramic factory to stem imports
August 26, 2016
Business

The Himrawi Investment and Trading Private Limited Company has invested $10million in construction of a ceramic factory as the country …More Here

Ethiopia, Djibouti, China to launch $4B nat. gas project

Ethiopia, Djibouti, China to launch $4B nat. gas project
July 21, 2016
Business

Ethiopia says physical work on a massive $4 billion cooperative natural gas project between Ethiopia, Djibouti, and China will soon …More Here

Ethiopia-Kenya power project to light 870,000 Kenyan households

Ethiopia-Kenya power project to light 870,000 Kenyan households
July 7, 2016
Business

Ethiopian Electric Power (EEP) is set to erect two hydro-electric dams on the Genale-Dawa and Dabus rivers. Upon completion, they …More Here

ASKY’s 2015 net profit surges to $4 million

ASKY’s 2015 net profit surges to $4 million
July 4, 2016
Business

Pan-African airline, ASKY has reported a 4 million dollar net profit for the year ending 2015. It’s the first carrier …More Here

European Investment Bank to Open Office in Ethiopia

European Investment Bank to Open Office in Ethiopia
June 28, 2016
Business

European Investment Bank (EIB) concluded an agreement with Ethiopia for the establishment of a country in Addis Ababa. The agreement …More Here

12 African states airlines banned from EU Skies

12 African states airlines banned from EU Skies
June 20, 2016
Business

Airlines from at least 12 African states have been banned from the European Union Skies due to lack of safety …More Here