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Businesses Warn USD Shortages Threaten Operations Despite Bank Allocations
Despite Ethiopian banks nearly doubling foreign currency allocations compared to last year, businesses continue to face severe U.S. dollar shortages that threaten daily operations...
Telebirr Transactions Reach 2.38 Trillion Birr as Ethio Telecom Revenue Jumps 72% in 2017 EFY
Ethiopian Investment Holdings (EIH) opened its 2017 Ethiopian fiscal year (EFY) annual performance dialogue with a detailed review of Ethio Telecom’s impressive results, spotlighting...
Fekreaddis Nekatebeb Announces First Album in Nine Years
For nearly a decade, one of Ethiopia’s most soulful voices has been absent from the stage. Now, the silence is finally over. Fekreaddis Nekatebeb,...
Development Bank of Ethiopia Reports Strong Growth in 2017 EFY
Addis Ababa – Ethiopian Investment Holdings (EIH), the nation’s sovereign wealth fund, concluded Day 3 of its annual performance dialogue with an in-depth review...
Addis Legese to Release Debut Album Mastawesha with 14 Songs
Addis Legese’s long-awaited debut music album, Mastawesha (“Memoir”), will be officially presented to audiences on Saturday, August 23, 2025.
Addis, widely admired for his hit...
KCB in Talks to Acquire Up to 40% Stake in Ethiopian Bank
Nairobi, August 20, 2025 – Kenya’s largest lender, KCB Group Plc, is in discussions to purchase as much as 40% of an Ethiopian bank,...