FSD Ethiopia appoints Admassu Tadesse as Chairman

Press Release FSD Ethiopia is pleased to announce esteemed international banker and executive business leader Admassu Tadesse as Chairman of our Non-executive Board of Directors. Mr. Tadesse brings his extensive experience across Africa and internationally to our organization. As the President Emeritus and Group MD of the Eastern and Southern African Trade and Development Bank

Zmall delivery app to represent Ethiopia at North Star Dubai event

On May 23rd 2022, NorthStarDubai Ethiopia took place at the Marriott Addis, an event organized by Laurendeau & Associates and the Dubai World Trade Center where ten of the best Ethiopian growth startups pitched in front of renowned judges and a large audience of government officials, local entrepreneurship ecosystem actors, investors, development partners, representatives from

Journalist Temesgen Desalegn Has Been Arrested

Security personnel took journalist Temesgen Desalegn, managing director of the Amharic independent weekly “Fitih” Magazine, from his workplace early Thursday morning, according to his colleagues. According to his colleagues, Temesgen was apprehended by armed security forces dressed in civilian clothes at 11:00 a.m. local time. Temesgen Desalegn (Amharic: ተመስገን ደሳለኝ) is an Ethiopian journalist. As

Ride: Driving out of dominance?

  Ride, the byproduct of Hybrid Design, became the first of its kind by being a mobility service platform in Ethiopia. It is currently one of the biggest ride-sharing applications in Ethiopia . It didn’t start profits right away, it took some time to adjust the market

Eregnaye & Dawit Tsige win big at Leza Award

  Best  Single Music- Rophnan 3  Best Video Clip: Tilahun Gessesse – Qome Limereqesh Best New Singer (Elias Meleka Award) Dawit Tsige The Best Song of the Year,  Meselu Fantahun (Limeta Woyes Mita) Best drama series: Eregnaye Best Drama series actor- Million Berhane (Zetenegnaw Shi)   Best drama series actress, Direbworq Seyfu (እረኛዬ) Best Actress:

Dr Segenet Kelemu was awarded the Medal of Honor on Ellis Island in 2022

Dr. Secretary and Chief Executive Officer of the International Center for Insect Physiology and Ecology (icipe). Segenet Kelemu was awarded the Medal of Honor on Ellis Island in 2022.   The medal awarded by the Ellis Island Honorary Association (EIHS) in 1986 is one of the most prestigious awards in the United States. They are

Ethiopian Airlines to order five Boeing 777 Freighters

The largest and leading aviation group in Africa, Ethiopian Airlines has put in another order for Boeing 777 cargo planes. Ethiopian Airlines Group CEO Mr Mesfin Tasew said ”The addition of these five Boeing 777 Freighters into our cargo fleet will enable us to meet the growing demand in our cargo operation. While cementing our partnership with

Foreign banks who wants to operate in Ethiopia must partner with Local banks

Foreign banks seeking to operate in Ethiopian following liberalisation of the country’s banking sector would be required to do so in partnership with local banks. Business Insider Africa observes that this could give room to some mergers and acquisitions in the Ethiopian banking sector. Ethiopia is in the process of liberalising its banking sector, with

Eritrean President Isaias Afewerki has blamed the United States for the Russia-Ukraine war

Eritrean President Isaias Afewerki has blamed the United States for the Russia-Ukraine war in a speech on the occasion of Eritrea’s 31st Independence Day. According to him, after the end of the Cold War, “Western powers, led by the United States, have begun a dangerous process that does not represent the American people or the

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