Nov 9 , 2024
The 10th annual Africa Sourcing and Fashion Week (ASFW) opened its doors last week at the Skylight Hotel on Africa Avenue, bringing together textile, fashion, and leather industries from across the co...
KEFI Gold and Copper PLC, a UK-listed exploration and development company, announced it has secured 470 million dollars of the 500 million dollars required to finance its Tulu Kapi Gold Project, appro...
Hibret Insurance reported a gross written premium of 1.96 billion Br for the fiscal year, a 23.72pc increase from the previous period. Established in 1994 and celebrating 30 years of operations, the i...
Nov 3 , 2024
Federal legislators have approved five cabinet-level positions last week with a member of Parliament (MP) voted against and two abstentions were counted. Gedion Timotheos (PhD) leads the charge as...
Abyssinia Group of Industries (AGI), a leading East African steel producer, is poised for significant expansion owing to a proposed investment from the International Finance Corporation (IFC) which is...
Fitch Ratings has upgraded Ethiopia's Long-Term Local-Currency Issuer Default Rating (LTLC IDR) to 'CCC+' from 'CCC-', citing easing financing pressures, improved macroeconomic stability, and increase...
Ethiopia and Germany have signed grant agreements totaling approximately 33 million dollars to support two initiatives: "Increasing Productivity through Innovation in Agriculture II" and "Promotion of...
Federal Housing Corporation (FHC) has launched a one billion Birr construction materials manufacturing factory on a four-hectare plot in the capital. The Corporation teamed up with Addis Abeba Univ...
AliExpress has launched its first showroom in Addis Abeba through a partnership with a company active in BPO, warehousing, logistics, farming, and manufacturing. The partnership with Echelon Group too...
Oct 27 , 2024
The iconic Africa Hall, where the leaders of 32 African nations gathered in 1963 to establish the Organization of African Unity (OAU), the precursor to today's African Union (AU) was inaugurated after...
Ethiopian Investment Holdings has made its second joint venture with an electric mobility startup company to avail 100 battery swap stations in Addis Abeba within a year and expand to 300 stations ove...
A three-day agricultural exhibition assembling stakeholders from the poultry, aquaculture, apiculture, and livestock is set to kick off at Millenium Hall on Airport Road. Organised by Prana Events, th...
Three Ethiopian innovators have emerged victorious in Total Energies' annual start-up competition. Open to entrepreneurs aged 18 to 35 owning businesses less than three years old, the competition aims...
Ethiopia's digital economy is expected to show significant growth contributing 1.3 trillion Br in the next four years, according to a latest report by Global System for Mobile Communications (GSMA). D...
USAID and OCP Ethiopia Fertilisers Manufacturing PLC (OCP-EFMC) have partnered to tackle soil acidity, aiming to boost crop yields and farmer incomes. By introducing innovative fertiliser blends, the...
Zeleke Temesgen (PhD) has been appointed as the new commissioner of the Ethiopian Investment Commission (EIC) after previously serving as deputy commissioner. His predecessor, Hanna Arayaselassie, who...
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At its launch in Nairobi two years ago, the Africa Climate Summit was billed as the forum...
Editorial | Sep 13 , 2025
The way the Birr moves is changing, and with it, habits that have shaped daily life for ge...
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