FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds




Intercontinental Addis Rebrands Following Court Defeat

May 8 , 2021


[ssba-buttons]

After eight years of a legal dispute with the Intercontinental Hotels Group (IHG), Intercontinental Addis has finally given in and changed its brand name to Inter Luxury Hotel as of last week. The Intercontinental Hotels Corporation (IHG), which owns notable brands including Crowne Plaza, Holiday Inn, and Intercontinental Hotels and Resorts, first sued JH Simex and Simachew Kebede for copyright infringement and unlawful enrichment by way of copying one of their brand names. The Federal High Court ruled in favour of the defendants, denying the international group the right to be represented as a business without a license from the country’s authorised body, and closed the case. The Supreme Court, upon appeal, reversed the High Court’s ruling in February 2014 and sent the case back. In June 2019, the High Court gave a final verdict against JH Simex and ordered that the local firm, which has been operating for about 13 years, stop using the trade name "Intercontinental Addis." It also ordered the firm to pay 750,000 Br in royalty compensation to the US hospitality business operator.


Radar

Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


Radar

Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


Radar

Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...