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Fitch Upgrades Ethiopia’s Credit Rating Amid Economic Reforms and Eased Financial Pressures
October 28, 2024 – Fitch Ratings has raised Ethiopia’s Long-Term Local-Currency (LTLC) Issuer Default Rating to ‘CCC+’ from ‘CCC-‘, citing easing financial pressures and...
Ethiopian Shipping and Logistics Eyes Six New Ships to Meet Ethiopia’s Rising Import-Export Needs
Executives at Ethiopia’s state-owned Ethiopian Shipping and Logistics Services Enterprise (ESLSE) are advancing plans to add six bulk cargo ships to their fleet as...
The Impact of Government Regulations on Ethiopia’s Real Estate Market
Is Ethiopia’s Real Estate Losing its Balance?With a series of impactful economic reforms, Ethiopia's business environment is undergoing a significant transformation, impacting virtually all...
Ethiopia Unveils Ambitious First Draft of Startup Ecosystem Development Policy, Open for Public Consultation
Addis Ababa, Ethiopia – October 24, 2024In a move to energize its emerging startup scene, the Federal Democratic Republic of Ethiopia has released a...
Legendary Ethiopian Football Figure Asrat Haile (‘The Sword’) Passes Away
Addis Ababa, Ethiopia – October 26, 2024Ethiopian football has lost one of its most iconic figures, Asrat Haile, affectionately known as "The Sword." A...
Ethiopia’s Ahmed Shide Discusses Economic Reforms with U.S. Treasury’s Brent Nieman and Ambassador Molly Fee
Addis Ababa, October 15, 2017 (FBC) – A high-level Ethiopian delegation, led by Finance Minister Ahmed Shide, engaged in discussions with key officials from...