A new CEO has been chosen to succeed the departing CEO of Safaricom Ethiopia

Mr. Van Helleputte, a citizen of Belgium, has been named the new CEO of Safaricom in…

32 government workers have been apprehended in connection with illegal gold manufacturing and trafficking.

Three regional officials have reportedly been seized on suspicion of participating in unlawful gold trafficking. According…

Ethiopia will shortly provide licences to five foreign banks

The National Bank of Ethiopia intends to strengthen domestic financial institutions while also bringing in foreign…

Ethio Telecom has lost more than 31 billion birr in foreign exchange over the last five years

Ethio Telecom has seen five years of foreign exchange losses reaching more than 31 billion birr,…

TECNO continues partnership with UNHCR to support more refugees in Africa for higher education

Innovative technology brand TECNO announced today the strengthened partnership with UNHCR, the UN Refugee Agency, to…

Is Chinese model of development better than western ones?

By Syed Mohammad Ali While foreign assistance claims to help poorer countries become more prosperous, often…

Ethiopia halts the import of Volkswagen electric vehicles built in China

The Ministry’s information indicates that, the government is implementing various incentives for electric vehicles to be…

Safaricom announces Terek Begursha Third and Fourth Round Winners

Last Friday Safaricom Ethiopia announced and awarded winner of the secondCar, winners of two Bajajs, two…

Ethiopian Airlines board chairman Girma Wake leaves company, reasons remain unknown

Girma Wake, the former board chairperson of Ethiopian Airlines, has left his position, with federal authorities…

The Pan-African and Feminist Initiative plans to raise $1 billion over the next ten years

On June 6, 2023, Addis Ababa, Ethiopia, TrustAfrica and Urgent Action Fund-Africa, in collaboration with the…