PICTURESQUE LONGINGS


PICTURESQUE LONGINGS

A street vendor around the Stadium area sells high-quality images depicting Ethiopia's diverse tourist attractions. Ethiopia is lauded as a land of man-made and natural wonders with tourist attractions all over the region. However, the constant conflict has rendered too much of its vast heritage inaccessible over the past few years. While many expected a rebound from the two billion dollars lost in tourism revenues in 2022 after the November peace deal, the dawn of another conflict has cast an unfavourable shadow.


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Court Blocks BGI Ethiopia's Assets Trying High Stake Lawsuits

Judges at the Federal First Instance Court issued an injunction last week, halting the sale of BGI Ethiopia's headquarters and the transfer of shares in Brasseries International Holding Limited (B.I.H). The injunction, signed by Judge Girawork Yitbarek, ruled immediate delivery to the defendants. The legal action followed a high-stakes lawsuit filed by Zewudnesh G. Asrat, an 80-year-old woman, against BGI Ethiopia, Jean P. Blavierre, B.I.H, and Hebu Properties Limited. The plaintiff claims a...


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Ethiopia's Third Shot at Peace Gets a $6.7m Boost

A 6.7 million dollars to finance the National Rehabilitation Commission (NRC)'s disarmament, demobilisation, and reintegration (DDR) program for nearly 370,000 ex-combatants, was pledged by the Japanese government. The financing will be channelled to the design, implementation and monitoring of the DDR program across eight regional states. Shibata Hironori, ambassador of Japan to Ethiopia, signed the agreement last week at the Ministry of Finance headquarters on King George VI St with Tesfalem...


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Digital Startups Seek Level Playing Field

Digital service providers gathered to discuss the complexities of the country's startup ecosystem last week. Weak legal frameworks and limited access to financing emerged as key challenges, despite the potential for digital businesses to thrive. The event, organised by the Addis Chamber of Commerce & Sectoral Associations in partnership with the Center for International Private Enterprise (CIPE), brought together stakeholders from both the public and private sectors. Limited access to...


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