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Eight Public Development Organizations Officially Join Ethiopian Investment Holding
Eight public development organizations have officially joined Ethiopian Investment Holding.The newly added companies include Ethio Post, Ethio Engineering Group, Ethiopian Industrial Resources Development Corporation,...
MIDROC Investment Group to Build $200 Million Gold Processing Plant in Benishangul-Gumuz, Ethiopia
MIDROC Investment Group, owned by Ethiopian-born Saudi billionaire Mohammed Al-Amoudi, is investing over 26 billion Ethiopian birr (approximately US $200 million) to build a...
Earthquake Measuring 5.5 on the Richter Scale Strikes Awash Fentale and Surrounding Areas
An earthquake measuring 5.5 on the Richter scale struck Awash Fentale and surrounding areas at 2:01 AM tonight, according to the United States...
Ethio Telecom Claims Company is World’s Cheapest Service Provider
Frehiwot Tamiru, CEO of Ethio Telecom, took the spotlight at Parliament yesterday, answering over 200 questions from lawmakers about the company’s growth and its...
Haile Hotels & Resorts Group Unveils 10th Property in Jimma
JIMMA, ETHIOPIA – Haile Hotels & Resorts Group, a hospitality brand founded 15 years ago, has announced the completion of its newest property, Haile...
Faida Digital ID Requirement for Bank Account Openings in Addis Ababa Starts to Take Effect Today
Addis Ababa, December 23, 2017 – In a landmark move to streamline banking services and promote financial inclusion, the National Bank of Ethiopia (NBE)...