Ethiopia Pauses Plan to Sell 35% of Ethio Telecom Shares
The Ethiopian government has shelved its plan to sell 35% of Ethio Telecom to foreign investors, stalling a key step in the country’s much-publicized...
Ethiopian Airlines Expands Nigeria Operations with 33 Weekly Flights
Adds New Evening Service from Abuja Starting October 28
Ethiopian Airlines is ramping up its Nigeria operations with three additional weekly evening flights from Abuja,...
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...
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...
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,...
