Calls Mount in Addis Ababa to Simplify Business License Closure Procedures

​The Addis Ababa Chamber of Commerce and Sectoral Associations hosted a panel discussion yesterday with city…

Ethiopian Airlines Expands Global Reach with Landmark 10-Boeing Freighter Deal

​Ethiopian Airlines has officially signed a major agreement with the Boeing Company to acquire 10 new…

Dangote Group Launches Landmark Ethiopia-Djibouti Oil Pipeline Project

​Ethiopian Prime Minister Abiy Ahmed, Djiboutian President Ismail Omar Guelleh, and Dangote Group founder Aliko Dangote…

Ethiopian Airlines Temporarily Suspends All Domestic Flights to Tigray Region

​Ethiopian Airlines has officially suspended all domestic flight operations to the Tigray region, including destinations to…

Turning Trash into Treasure: Ethiopia Multi-Stakeholder Forum Drives $41M Circular Economy Breakthrough

​Government representatives, private sector leaders, financial institutions, and development partners gathered in Addis Ababa for a…

Addis Ababa Clarifies Vehicle Phasing-Out Strategy Based on Gas Emissions Rather Than Age

​Addis Ababa’s Transport Bureau announced that older vehicles will be removed from service based strictly on…

Mela Finance Launches First Neobank Platform Tailored for Ethiopian Diaspora

​Mela Finance Inc. officially announced the public launch of Mela, a U.S.-based digital banking platform designed…

Ethio Telecom Targets 295 Billion Birr Revenue in Ambiguous Shift to Comprehensive Tech Company

​Ethio Telecom has announced an ambitious annual business plan for the 2019 Ethiopian fiscal year (2026/27),…

Ethiopia and IFC Partner to Launch 100 Billion Birr Mortgage Refinance Facility

​The National Bank of Ethiopia (NBE) and the International Finance Corporation (IFC) have signed a landmark…

Ethiopian Electric Power Negotiates €400 Million Commercial Loan with Italian Lenders for Koysha Hydroelectric Project

​Ethiopian Electric Power (EEP) is currently in negotiations with Italian financial institutions to secure a €400…